At Thomson Tyndall, financial planning involves identifying a client’s financial objectives and developing a bespoke, impartial plan based on each client’s specific needs.
We invest time to understand your priorities, whether this is to secure a specified income, general tax planning, to pass assets on to the next generation, save for a special event or provide for a prosperous retirement.
Once discussed and agreed, we create a dynamic plan which is regularly reviewed and adapted to reflect changing individual circumstances, market conditions and opportunities.
Our clients seek our advice on several areas including:
Addressing financial vulnerability
- Life and critical illness insurance
- Income protection cover
- Establishing an emergency reserve fund
Saving enough for retirement
- Pension Saving
- ISAs, LISAs, and Investment Bonds
- Tax incentivised savings such as VCTs and EISs
- Pension consolidation and retirement planning
- Retirement income options and pension drawdown
- Lifetime allowance and annual allowance calculation and mitigation
Passing on wealth to the next generation
- Estate and inheritance tax planning
- Lifetime gifts and philanthropic giving
- Trusts, Junior ISAs, and pensions for children and grandchildren
“It is tempting these days to think that we can do most things by ourselves, with a little help from the internet. But the benefits of working with a financial adviser should not be underestimated – an industry-wide study* found that advisers can add value of around 3% pa by recommending a suitable asset allocation and cost-effective investments, making good use of tax wrappers and allowances, and helping clients to remain disciplined at times of heightened market uncertainty.”
Tom King, Investment Manager
*Source: ‘Vanguard (2015) Adviser’s Alpha’
Thoughtfully coordinating the use of appropriate tax wrappers with suitable investment strategies is the next part of the process.
The value of investments may fall as well as rise and you may not get back what you put in. The Financial Conduct Authority does not regulate tax advice, estate planning, wills or trusts.
VCTs (Venture Capital Trusts) and EIS (Enterprise Investment Schemes) are very high-risk investments and you may lose your capital. The tax treatment of these investments depends on your individual circumstances and may be subject to change in future. These products are not suited to everyone and individual advice should be sought before investing.