Planning your financial future, and how to get there
5 min read
Financial planning is the process of aligning your needs, values and personal goals with every aspect of your finances. It gives you a complete picture of where you are now and where you can get to in the future.
Armed with a detailed road map, you’ll have all our recommendations to make confident, informed choices about your short-term goals and longer-term future.
For many, receiving professional financial advice it’s a liberating and inspiring process that brings certainty and peace of mind. For others, it brings the realisation that they have the resources to achieve more in life than they’d ever thought possible.
It will answer questions like: Can I retire early? Can we afford to pay school fees and move to a bigger home? Will I be able to maintain my lifestyle in retirement? Will I have an Inheritance Tax liability?
Whatever your questions or your life goals, financial planning will give you the answers you need, allow you to focus on what’s important and give you the freedom to enjoy life, wherever it may take you.
Our financial planning services
Whether you’re planning for a quiet retirement or a noisy one, are looking to start up a new business or travel, you’ll need to ensure you have sufficient funds to make it a reality. However you intend to spend your days, our financial advisors can help you create a flexible plan which will allow you to enjoy them the way you want to.
Trying to get your head around how tax works is daunting, especially in the case of Inheritance Tax where there can be large sums at stake. Your personal financial advisor will help you to assess your options and create a strategy that is as tax-efficient as possible.
After a lifetime of hard work, your priorities are likely to change from growing your wealth to preserving it and passing it on to the people who really matter to you, at the right time. We are here to discuss your wishes and find the best options for you, your loved ones and your estate.
Life is full of both anticipated and unexpected events. Our bespoke financial planning service can give you sound advice at every stage in life’s journey; from launching your career and getting on the property ladder to preparing for retirement and helping out future generations. We’ll be there with you to look after your finances, so you can focus on living life to the full.
Expert financial advice on a range of products
Onshore & Offshore Investment Bonds
Enterprise Investment Schemes (EIS)
Venture Capital Trusts (VCT)
Self-Invested Personal Pensions (SIPPs)
Business Relief Schemes
Life Insurance and Health Insurance
However, our financial planners cannot provide advice on mortgages, individual shares or structured deposits.
The financial planning process
Your financial advisor will find out what you want and gain an understanding of your hopes, goals and fears. This first step is all about you, not your money.
We’ll then establish your current financial position. This will include working out your assets and liabilities, income and expenses.
At this stage, your financial advisor will assess all the information they’ve gathered and figure out what is working and what can be improved.
We’ll deliver a detailed written report, including justifications for the recommendations we have made. You’ll then agree with your financial planner on how you wish to move forward.
Your advisor will take on the responsibility of putting any changes into action.
The process doesn’t stop at implementation. Your financial advisor will reassess your plan at least once a year to make sure it continues to work for you.
This is due to a rise in the number of people preparing for retirement, an increased consumer awareness of financial planning services and a greater demand among younger generations.
* Financial Planning Standards Board, 2017
One size does not fit all when it comes to looking after your finances. We believe that starting each relationship with a blank piece of paper and no products to sell is the best way to get to know you.
Creating and implementing your plan is just the start of our relationship with you. As we get to know you and your needs as a family, your financial advisor will regularly review your life goals. So, if your circumstances change over time we make sure your plan will always keep pace.
Money matters but life matters more. When clients stop thinking about money and focus on what they can do in life, we know we're doing a good job.
Even in our global, digital world, you can’t beat local, convenient and personal. With our network of offices across the UK, we have dedicated and experienced teams near you who know you and your area. We can visit you whenever you need us, supporting you with friendly, expert financial advice.
We believe strongly in disclosure. We’ll always be clear with you about the cost of financial advice – both initially and ongoing – as well as associated costs such as product fees or transactional charges. We don’t charge for an initial meeting, so you can relax and talk to us openly, without the fear of receiving an unexpected bill.
Investec is a brand with an impeccable reputation. We’re one of the very few banks to come through the financial crisis with its reputation intact, we’ve been operating for almost 200 years and all of our financial planners are highly qualified experts in their field.
Wealth planning and management means you can allow your finances to support your life goals. Whether that be preparing for retirement, providing for your loved ones or making your money more tax-efficient, our wealth planning services can help you realise your ambitions.
5 min read