Everyone’s retirement plans, needs and ambitions are different. Therefore there is a broad range of pension options which we will help you to make sense of. Each option is designed to help make your retirement planning as straight forward, effective and financially rewarding as possible.
Protection should be the foundation of any good financial plan. Ensuring that your income is protected and that your family have the security of a replacement income in the event of death, illness or disability.
Portfolio management is the creation and maintenance of a Portfolio of investment assets. The aim is to manage risk and return in response to your changing needs and market conditions.
Identifying opportunities where tax savings can be made, to ensure efficient tax planning, such as EIIS Scheme and pension planning.
Estate & Succession Planning
It is important to have a plan in place to ensure that your estate is passed to the people you want, in a tax effective and efficient manner. Changes in legislation mean that the thresholds for gifts are constantly changing and the potential tax payable on these gifts has increased. At Wealthwise, we provide you with expert advice and work with external tax or legal specialists in dealing with more complex estate planning issues.
Making a Will
One of the biggest financial planning mistakes many people make is not having a will. If you do not have a will, on your death, your assets will be distributed under Intestacy laws based on the 1965 Succession Act. This can cause problems, delays and additional costs for the surviving spouse.