At its most basic a pension is a fund that you build up over your working life in order to support yourself in retirement. As a rule the kind of pension plan you need depends on your employment position and your previous history. The details are very complex, but most people will fall into one of the following groups:-
• Self Employed • Employee • Company Owner
In order to assess your position and advise you correctly we will need to understand your previous history and any existing pension contracts you may have.
We assess the level of pension that your present arrangements might expect to provide at retirement, and then, if there is a gap between what you want and what you might get, advise you as to how best to invest to provide the extra retirement income you need.
Family Protection includes not just Life Assurance needs, but also Permanent Health Insurance, Critical Illness Benefits and related areas such as Private Medical Insurance and Long Term Care Insurance.
There is a clearly demonstrable need for the breadwinner of a family to be covered against the various circumstances which could reduce or eliminate his or her ability to continue to provide the income to support the family. It is also important to consider the effect that the death or incapacity of other members of the household, particularly spouses who are not engaged in paid work, would have.
How many people utilise their capital gains tax allowance to give them a tax-free income? How many people use all the tax breaks available? Tax planning has to consider the ultimate objective to ensure the right balance is achieved between income tax savings, capital gains tax and inheritance tax.
Whether you are walking through an estate Agents door, visiting your bank or building society, opening the local paper or surfing the net, the offers of mortgage assistance are numerous and extremely variable. The PFM Associates promise is to work for our clients in accordance with their needs and to research and provide a balanced view and explanation of the products available from all lenders in the market.
PFM Associates Limited are able to offer advice with regard to Taxation, Remuneration Strategy, Personal and Group Protection, Key Person insurance, Provision for Retirement, Provision for Illness, Shareholder Protection, Company Share Purchase, Inheritance Tax Mitigation, Commercial Mortgages, Fund Raising Taxation. Pensions such as Executive Pension Plans- EPP, Small Self Administered Pension Plans - SSAS, Self Invested Personal Pension Plans - SIPP, Contracted out Money Purchase - COMP, Contracted In Money Purchase - CIMP, Group Personal Pension Plan - GPPP, Stakeholder Pension Plans.
Almost everyone has to make investment decisions from time to time. Investors will be aiming to get a return on their investments and will want to feel that they have chosen wisely. What constitutes a good investment for one person many not be a good investment for another. There are many considerations to take into account. Some of these relate to the investor, for example the amount available and the individuals attitude to risk, while others may revolve around a specific objective for the investment, for example to finance a future expenditure such as school fees.
We will provide a detailed analysis of your income and expenditure; Assets and liabilities. We will calculate the requirements to meet all your goals. From this we will develop a plan to get you from where you are now to where you want to be in the future in the most cost effective and tax efficient manner. We will monitor the plan to make sure you stay on track to achieve your goals and accommodate any changes that may occur on the way.
PFM Associates Limited is authorised and regulated by the Financial Services Authority