PROTECTION AND YOUR FINANCIAL PLANNING CONVERSATIONS
|
|
- Felicity Shaw
- 5 years ago
- Views:
Transcription
1 PROTECTION AND YOUR FINANCIAL PLANNING CONVERSATIONS
2 CONVERSATION STARTERS This information is for UK financial adviser use only and should not be distributed to, or relied upon by, any other person. While your clients will often focus on their investment strategies or their pension plans, their protection needs can be forgotten. But if they were to lose their income, how would they continue to finance these things? Protection should be the cornerstone of your conversation it can help ensure that they can maintain their financial goals no matter what happens.
3 Pension and investment conversation PROTECTING DREAMS AND ASPIRATIONS Having worked hard to build their savings, how would your clients feel if they had to start eating into these should they lose their income through illness. People save for things like a good retirement or to enjoy some of the finer things in life, they re not generally putting money away in case they need to maintain their lifestyle should something happen. So if they have protection in place, this will help ensure that their nest egg is used for what they planned for it. THE BANK OF MUM AND DAD OR ANY GENEROUS RELATIVE For many young adults today, leaving home to move into their own place requires support from the Bank of Mum and Dad. Parents, family and friends will put up a massive 6.5 billion this year to help their loved ones onto the property ladder.* Even where the Bank of Mum and Dad or other family members are not helping with a house purchase, they are often providing financial help for their children to rent. With rising house prices and other financial challenges, such as student debt, it s no surprise that parents, grandparents and other relatives and friends are providing more financial support. So the need for protection continues for families, even after their children have grown up and moved out of the family home. MAKE SURE THE RIGHT PEOPLE INHERIT AT THE RIGHT TIME Losing someone close is one of the most difficult experiences people go through. If they then have to wait on a grant of probate for a policy to pay out, this can add even further upset. If the policy is set up in trust, this should mean that there is no delay in receiving a payout. And with a trust, your clients can make sure that the people that they want to benefit, will do. This could be particularly important for co-habiting couples who haven t made wills in favour of each other intestacy law and welfare state working age bereavement benefits don t recognise co-habiting couples. PROTECTING BENEFICIARIES FROM IHT LIABILITY For clients who want to gift their money, they wouldn t want their beneficiaries to be hit with a big tax bill should they die in the seven years after making the gift. Setting up a menu plan could help with a potential inheritance tax (IHT) liability and help protect their legacy. Please note tax rules may change. Source: * Legal & General,
4 Pension and investment conversation PROTECTING DEATH IN SERVICE BENEFITS FROM THE TAXMAN Larger employers offering death in service benefits have historically chosen to provide this through a registered group life scheme alongside their occupational pension scheme. However as pension legislation applies to registered group life schemes, this means that payable benefits are assessed against the employee s lifetime allowance (LTA) and a tax charge of up to 55% will apply if the limit is breached. It s important to draw high earning clients attention to this issue, especially as, in 2016, the LTA reduced for the third time in four years to 1 million. Make sure they check the basis of any death in service provision with their employer. Source: gov.uk,
5 Pension and investment conversation HOW CAN SCOTTISH WIDOWS PROTECT HELP? Protecting their retirement and investment pots should be a priority for your clients. With our protection menu plan we can help you provide the cover they might need. Our menu plan can provide the flexibility to amend or add in additional protection due to changing circumstances. TOOLS When starting the conversation with your clients about protection you will often face objections. Our protection needs tool uses information about your clients personal finances, including their monthly pensions and investment payments, to calculate their potential need for protection. MENU PLAN Setting up a Critical Illness Cover policy on an income basis, rather than a lump sum, can help ensure that your clients continue to have an income should they become critically ill. This could help them to continue to meet any pension and investment contributions, without having to dip into their savings. Our Whole of Life Cover can be a practical solution for co-habitees and those who aren t in a position to give away sufficient wealth during their lifetime to escape an IHT liability on death. Having cover in place might provide funds to allow executors to pay any IHT due and obtain a grant of probate without having to borrow against the estate. And a Life Cover policy in trust can back up lifetime gifting by providing cover until potentially exempt transfers (PETs) or chargeable lifetime transfers (CLTs) drop out of account. Setting up a number of policies with different terms can help cover any potential IHT liability over 7 years. The sum assured would reduce each year in line with the reducing liabilities. For those employees who could be impacted by the reduction in the pension LTA, a Relevant Life Cover policy can be a suitable solution to allow an employer to set up life cover for an employee that is tax efficient, as long as the benefits are payable to an individual and cover ceases by age 75. This could also benefit those who choose to work longer. Premiums paid by the business are an allowable deduction against corporation tax, and there is no national insurance liability for either employee or employer. As this policy is typically set up as a discretionary trust established by the employer as settlor, the policy doesn t belong to the employee, so where a claim arises the proceeds should fall outside their estate for inheritance tax purposes. Please note tax rules may change. 3
6 Pension and investment conversation Our multi benefit quote and split sum assured functionality allows you to set up more than one cover in one quote, helping you to tailor the quote to meet all your clients protection needs. TRUST SUPPORT With our online trust support, you have access to a trust chooser and editable trust documents to help you choose the correct form and make it easier to complete. You can send us digital or paper copies of the signed trust forms. FURTHER CONVERSATIONS We send an annual plan summary to your clients, which you will also receive a copy of, to remind them of the valuable cover they have in place. This is an excellent opportunity to carry out a review with your client to make sure the cover they have still meets their needs. ADDITIONAL SUPPORT All our policies include our Scottish Widows Care service, which gives your clients more than just the financial protection they might need. Through our work with the independent nurse advisory service, RedArc, your clients and their families can get the practical advice and emotional support they might need during difficult and traumatic times in their lives. This support is available from the day their policy starts and for as long as they need it. Their team of personal nurse advisers are all highly experienced, registered nurses with a wide range of specialised and general medical knowledge. They offer your clients a flexible service that can be customised to suit exact requirements to give the personalised support required. Our protection policies are flexible and your clients can often adapt them during the term of their policy without having to cancel their existing cover first. Your clients also have guaranteed insurability options on their policy which allows them to increase their sum assured without further underwriting in certain circumstances, including for a promotion or salary increase. 4
7 FIND OUT MORE When talking to your clients about their financial planning needs, protection should be the cornerstone of this conversation. This can help ensure that all their financial objectives are protected. With the range of options we have available, we can help you provide the right solution. For more information on Scottish Widows Protect visit our dedicated adviser website. scottishwidows.co.uk/extranet/ products/protection
8 Scottish Widows Limited. Registered in England and Wales No Registered office in the United Kingdom at 25 Gresham Street, London EC2V 7HN. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Financial Services Register number /17
PROTECTION AND YOUR MORTGAGE CONVERSATIONS
PROTECTION AND YOUR MORTGAGE CONVERSATIONS CONVERSATION STARTERS This information is for UK financial adviser use only and should not be distributed to, or relied upon by, any other person. Mortgages and
More informationTHE FAMILY PROTECTION CONVERSATION
THE FAMILY PROTECTION CONVERSATION CONVERSATION STARTERS This information is for UK financial adviser use only and should not be distributed to, or relied upon by, any other person. As you know, people
More informationSCOTTISH WIDOWS PROTECT WELCOME TO YOUR SCOTTISH WIDOWS PROTECT PLAN
SCOTTISH WIDOWS PROTECT WELCOME TO YOUR SCOTTISH WIDOWS PROTECT PLAN PAGE 2 YOUR POLICY DOCUMENTS PAGE 3 HOW TO MAKE CHANGES TO YOUR PLAN HOW TO MAKE A CLAIM INFORMATION ON SCOTTISH WIDOWS CARE PAGE 4
More informationGuide to Trusts. What is a trust?
Guide to Trusts What is a trust? A trust is a legal arrangement. It allows the owner of property to transfer legal ownership of that property to another person or company. The person or company receiving
More informationSHOPPING AROUND YOU SHOP AROUND FOR YOUR INSURANCE, WHY NOT YOUR INCOME IN RETIREMENT?
SHOPPING AROUND YOU SHOP AROUND FOR YOUR INSURANCE, WHY NOT YOUR INCOME IN RETIREMENT? WHAT DOES SHOPPING AROUND MEAN? The money you ve saved in your pension, or pension pot, is intended to help support
More informationSCOTTISH WIDOWS PROTECT
SCOTTISH WIDOWS PROTECT PROTECTING PEOPLE, PROTECTING THEIR PLANS ADVISER GUIDE This information is for UK financial adviser use only and should not be distributed to or relied upon by any other person.
More informationHelping your loved ones. Simple steps to providing for your family and friends
Helping your loved ones Simple steps to providing for your family and friends Contents 01 How can I take control of who gets what? 02 Inheritance Tax 05 Do you know how much you re worth? 07 Making lifetime
More informationTHE IMPORTANCE OFPERSONAL PROTECTION
THE IMPORTANCE OFPERSONAL PROTECTION THE IMPORTANCE OF PERSONAL PROTECTION You re reading this leaflet because your Financial Adviser has identified you have a protection need. They ll help you understand
More informationSCOTTISH WIDOWS ENHANCED ANNUITY HOW COULD YOU MAKE MORE OF YOUR RETIREMENT INCOME?
SCOTTISH WIDOWS ENHANCED ANNUITY HOW COULD YOU MAKE MORE OF YOUR RETIREMENT INCOME? PAGE 1 HOW COULD YOU MAKE MORE OF YOUR RETIREMENT INCOME? PAGE 2 CAN YOU GET MORE INCOME FROM YOUR ANNUITY? PAGE 3 ARE
More informationGroup Personal Pension Plan/Group Stakeholder Pension Plan Example Illustrations
Group Personal Pension Plan/Group Stakeholder Pension Plan Example Illustrations The Financial Conduct Authority is a financial services regulator. It requires us, Clerical Medical, to give you this important
More informationDISCOUNTED GIFT & INCOME TRUST CREATING FIXED TRUST INTERESTS
DISCOUNTED GIFT & INCOME TRUST CREATING FIXED TRUST INTERESTS PAGE 1 THE DISCOUNTED GIFT & INCOME TRUST (CREATING FIXED TRUST INTERESTS) EXPLAINED THE INHERITANCE TAX ISSUE PAGE 2 HOW THE TRUST WORKS PAGE
More informationSETTLOR/DONOR S GUIDE
legal & general discounted gift SCHEME SETTLOR/DONOR S GUIDE Inheritance tax planning. For settlor/donors with a potential UK inheritance tax (IHT) liability. This is an important document. Please keep
More informationSCOTTISH WIDOWS GROUP PERSONAL PENSION/ GROUP STAKEHOLDER PENSION EXAMPLE ILLUSTRATIONS TRANSFERS
SCOTTISH WIDOWS GROUP PERSONAL PENSION/ GROUP STAKEHOLDER PENSION EXAMPLE ILLUSTRATIONS TRANSFERS THE FINANCIAL CONDUCT AUTHORITY IS A FINANCIAL SERVICES REGULATOR. IT REQUIRES US, SCOTTISH WIDOWS, TO
More informationGuide to trusts. A brief guide to Trusts and our Trustbuilder tool. Trusts the basics. Settlor makes a gift to the trust
Guide to trusts A brief guide to Trusts and our Trustbuilder tool This brief guide explains some of the main features and benefits of our trusts, and gives you some information to help you decide whether
More informationKeeping it in the family
Keeping it in the family How to reduce an inheritance tax bill In this guide we explain: How inheritance tax works Why you need an up-to-date will The value of gifting assets during your lifetime The most
More informationCopies or derivatives of the document may not be sold, marketed, or used for commercial gain.
IMPORTANT INFORMATION This information may be downloaded to your PC in whole or in part provided that any reproduction or copy, or any derivative, is true to the original, and it is EITHER used for personal
More informationTrust Range. Guide to Trusts. For financial advisers only
Trust Range Guide to Trusts For financial advisers only Contents 02 Introduction 03 What is a trust? 04 Who are the parties to a trust? 05 Why use a trust in conjunction with an offshore bond? 06 Introduction
More informationA GUIDE TO WILLS AND PROBATE
A GUIDE TO WILLS AND PROBATE A GUIDE TO Wills & Probate the Aim of this book is to guide you through the importance of making a will, the rules of intestacy and how to deal with obtaining a grant of probate.
More informationRETIREMENT ACCOUNT YOUR GUIDE. Supporting you to and through retirement
RETIREMENT ACCOUNT YOUR GUIDE Supporting you to and through retirement PAGE 3 CHOOSING SCOTTISH WIDOWS PAGE 4 CHOOSING RETIREMENT ACCOUNT PAGE 5 OVERVIEW RETIREMENT ACCOUNT AND FEATURES PAGE 6 WHAT MAKES
More informationGuide to trusts. A brief guide to Trusts and our Trustbuilder tool
Guide to trusts A brief guide to Trusts and our Trustbuilder tool A Brief guide to Trusts and our Trustbuilder tool Introduction This brief guide explains some of the main features and benefits of our
More informationCustomer Guide Prudence Inheritance Bond
Customer Guide Prudence Inheritance Bond Prudence Inheritance Bond Inheritance tax might be called the voluntary tax as there is much that you can do to reduce it or not pay it at all. Inheritance Tax
More informationDEMONSTRATING OUR PROTECTION EXPERIENCE
2016 CLAIMS STATISTICS DEMONSTRATING OUR PROTECTION EXPERIENCE This information is for UK financial adviser use only and should not be distributed or relied upon by any other person. SCOTTISH WIDOWS SCOTTISH
More informationSCOTTISH WIDOWS GROUP PERSONAL PENSION PLAN EXAMPLE ILLUSTRATIONS
SCOTTISH WIDOWS GROUP PERSONAL PENSION PLAN EXAMPLE ILLUSTRATIONS THE FINANCIAL CONDUCT AUTHORITY IS A FINANCIAL SERVICES REGULATOR. IT REQUIRES US, SCOTTISH WIDOWS, TO GIVE YOU THIS IMPORTANT INFORMATION
More informationGifting to Grandchildren
Gifting to Grandchildren Taylor & Taylor Financial Services Ltd are authorised and regulated by the Financial Conduct Authority (FCA) No. 448774. 2 Simplicity is the ultimate sophistication. Leonardo da
More informationYOUR GUIDE TO RETIREMENT SAVINGS
YOUR GUIDE TO RETIREMENT SAVINGS CONTENTS PAGE 3 WHAT IS THE SCOTTISH WIDOWS RETIREMENT SAVER (THE PLAN)? PAGE 4 CAN I RELY ON THE STATE ALONE? WHAT ARE MY ALTERNATIVES? PAGE 5 HOW DO I JOIN? WHAT ARE
More informationFEATURES AND BENEFITS OF ONSHORE INVESTMENT BONDS.
ONSHORE INVESTMENT BONDS FEATURES AND BENEFITS OF ONSHORE INVESTMENT BONDS. This is not a consumer advertisement. It is intended for professional financial advisers and should not be relied upon by private
More informationCOMBINE YOUR PENSIONS
COMBINE YOUR PENSIONS PAGE 1 INTRODUCTION PAGE 2 WHY COMBINE MY PENSIONS WITH SCOTTISH WIDOWS? PAGE 3 ARE THERE ANY PENSIONS THAT CAN T BE COMBINED? PAGE 4 THINGS TO CONSIDER PAGE 8 USE ILLUSTRATIONS PAGE
More informationTax-efficient investments for business owners. An Octopus guide for professional advisers
Tax-efficient investments for business owners An Octopus guide for professional advisers Important information For professional advisers only and not to be relied upon by retail investors. The value of
More informationThe Retirement Account. Certainty, flexibility and simplicity for life
Certainty, flexibility and simplicity for life Introducing Retirement Advantage Retirement Advantage is a well-established company that can trace its roots back to 1852. We provide those who are in, at
More informationCOCKBURN LUCAS INDEPENDENT FINANCIAL CONSULTING
COCKBURN LUCAS INDEPENDENT FINANCIAL CONSULTING Guide to Inheritance Tax Contents This guide provides general guidance only and should not be relied on for major decisions on property or tax. You should
More informationRESIDENCE NIL-RATE BAND: TAPERING, TRANSFERABILITY AND TRUSTS
TECHTALK This article originally appeared in OCT 17 edition of techtalk. Please visit www.scottishwidows.co.uk/techtalk for the latest issue. RESIDENCE NIL-RATE BAND: TAPERING, TRANSFERABILITY AND TRUSTS
More informationIHT GUIDE. Inheritance Tax Guide 2013/14
IHT GUIDE Inheritance Tax Guide 2013/14 1 Introduction From 9th October 2007, it is now possible for spouses and civil partners to transfer their nil rate band allowances so that any part of the nil-rate
More informationTAKING A LUMP SUM FROM YOUR BOND. More choice and flexibility
INVESTMENT BOND TAKING A LUMP SUM FROM YOUR BOND More choice and flexibility This leaflet will help you and your adviser to understand: The different ways you can take a lump sum from your bond The way
More informationMONEY IN THE RIGHT HANDS: PROTECTION TRUSTS AND ALTERNATIVES
TECHTALK This article originally appeared in NOVEMBER 18 edition of techtalk. Please visit www.scottishwidows.co.uk/techtalk for the latest issue. MONEY IN THE RIGHT HANDS: PROTECTION TRUSTS AND ALTERNATIVES
More informationRETIREMENT ACCOUNT. This information is for UK financial adviser use only and should not be distributed to or relied upon by any other person.
RETIREMENT ACCOUNT We ve been continually enhancing our Retirement Account digital services, making it even easier for you to do business with us online This information is for UK financial adviser use
More informationAdviser s guide Income Drawdown Plan (Pre 75)
For financial adviser use only Adviser s guide Income Drawdown Plan (Pre 75) This information is for UK Financial Adviser use only and should not be distributed to or relied upon by any other person. Product
More informationSPOTLIGHT ON: PENSIONS AND INHERITANCE TAX
SPOTLIGHT ON: PENSIONS AND INHERITANCE TAX PENSIONS AND INHERITANCE TAX THE FUNDS HELD WITHIN A PENSION ARE USUALLY EXCLUDED FROM THE SCHEME MEMBER S INHERITANCE TAX (IHT) ESTATE. THIS IS AN INTENDED CONSEQUENCE
More informationA GUIDE TO INHERITANCE TAX PLANNING
A GUIDE TO INHERITANCE TAX PLANNING 02 A guide to Inheritance Tax planning CONTENTS Page What is Inheritance Tax (IHT)?...3 What happens if the nil rate band isn t used...3 Included in your estate...4
More informationGuide to the Old Mutual Wealth Best Start in Life Trust
Guide to the Old Mutual Wealth Best Start in Life Trust We regularly update our literature; you or your financial adviser can confirm that this March 2018 version is the latest by checking the literature
More informationA guide to INHERITANCE TAX
A guide to INHERITANCE TAX Contents Introduction...3 What exactly is inheritance tax?...4 How much inheritance tax will my estate have to pay?...5 Key IHT allowances, reliefs and exemptions...6 Simple
More informationMARCH 2016 BUDGET. The annual allowance for high earners will be reduced to between 10,000 and 40,000 - the tapered annual allowance (see below).
MARCH 2016 BUDGET SUMMARY After months of press speculation about a possible fundamental change to the pension tax regime, no further significant changes were announced. However, there were some technical
More informationA brief guide to Trusts and our Trustbuilder tool
guide to guide to trusts trusts A brief guide to Trusts and our Trustbuilder tool A Brief guide to Trusts and our Trustbuilder tool Introduction This brief guide explains some of the main features and
More informationUntangling inheritance tax. An Octopus guide
Untangling inheritance tax An Octopus guide This guide is for UK residents interested in finding out more about inheritance tax. Octopus offers several investment portfolios that can benefit from relief
More informationPEGASUS WHOLE OF LIFE PLAN
KEY FACTS OF OUR PEGASUS WHOLE OF LIFE PLAN January 2018 Important information you should read Protection Pegasus Whole of Life WHAT S INSIDE See if our plan is right for you 3 The aims of our plan 3 Your
More informationKEY FEATURES OF THE STAKEHOLDER PENSION PLAN. Important information you need to read
KEY FEATURES OF THE STAKEHOLDER PENSION PLAN Important information you need to read THE FINANCIAL CONDUCT AUTHORITY IS A FINANCIAL SERVICES REGULATOR. IT REQUIRES US, SCOTTISH WIDOWS, TO GIVE YOU THIS
More informationWhy You Need a Will. ABC Company 123 Main Street Anywhere, USA
Why You Need a Will Your promotional imprint here and/or back cover. ABC Company 123 Main Street Anywhere, USA 12345 www.sampleabccompany.com 800.123.4567 It may not be pleasant to plan for a future that
More informationFor advisers only A DIFFERENT TYPE OF EMPLOYEE BENEFIT. A guide to relevant life plans. Protection Relevant Life
For advisers only A DIFFERENT TYPE OF EMPLOYEE BENEFIT Protection Relevant Life A guide to relevant life plans WHAT S INSIDE A relevant life plan is a stand-alone single life policy. It s a tax-efficient
More informationSEPTEMBER 2016 GUIDE TO PROTECTING YOUR FINANCIAL PLAN SAFEGUARDING THE PEOPLE AND THINGS THAT MATTER MOST
SEPTEMBER 2016 GUIDE TO PROTECTING YOUR FINANCIAL PLAN SAFEGUARDING THE PEOPLE AND THINGS THAT MATTER MOST WELCOME Safeguarding the people and things that matter most Welcome to our Guide to Protecting
More informationA guide to inheritance tax (IHT)
A guide to inheritance tax (IHT) Important notice This guide has been designed to provide general information about inheritance tax ( IHT ) and should not be regarded as investment or taxation advice.
More informationPrivate Banking. Bereavement Guide
Private Banking Bereavement Guide Helping you through a difficult time We understand that coping with the loss of a loved one is not easy and sorting out their financial affairs can make it seem harder.
More informationGuide to Estate Preservation
JANUARY 2018 Guide to Estate Preservation Passing on your wealth in the most tax-efficient way Fish Financial Ltd Gostrey House, Union Rd, Farnham GU9 7PT Tel: 01252 931265 Web: www.fishfin.co.uk Email:
More informationHelping you understand inheritance tax planning
Helping you understand inheritance tax planning As Benjamin Franklin said, In this world nothing is certain but death and taxes. Inheritance tax (IHT) is where the two meet up. It is a tax on what you
More informationHELPING YOU PLAN A BETTER RETIREMENT
HELPING YOU PLAN A BETTER RETIREMENT HELPING YOU PLAN A BETTER RETIREMENT The small but steady progress in the number of women saving enough for later life in recent years shows that, to some extent, the
More informationLIFESTYLE SWITCHING YOUR GUIDE
LIFESTYLE SWITCHING YOUR GUIDE WHAT IS IT? LIFESTYLE SWITCHING INVOLVES SWITCHING FROM EXISTING FUNDS AND MAKING FUTURE PAYMENTS TO A DIFFERENT FUND OR FUNDS WITHIN YOUR PENSION PLAN AT PRESET TIMES PRIOR
More informationOffshore investing. Explore your options with Standard Life International
Offshore investing Explore your options with Standard Life International Contents 02 Open up new horizons for your money 03 A bond that puts you in control 05 Moving abroad? 06 Have you used up your pension
More informationGUIDE TO PROTECTING YOUR FINANCIAL PLAN SAFEGUARDING THE PEOPLE AND THINGS THAT MATTER MOST
SEPTEMBER 2016 GUIDE TO PROTECTING YOUR FINANCIAL PLAN SAFEGUARDING THE PEOPLE AND THINGS THAT MATTER MOST TFP Financial Planning Ltd, 65B High Street, Maldon, Essex CM9 5EP T: 01621 851563 F: 01621 851564
More informationYOUR COMPANY PENSION GROUP PERSONAL PENSION. A guide to help you prepare for the retirement you want
YOUR COMPANY PENSION GROUP PERSONAL PENSION A guide to help you prepare for the retirement you want WELCOME TO YOUR SCOTTISH WIDOWS WORKPLACE PENSION Everyone needs a plan for their retirement. This guide
More informationDEMONSTRATING OUR ONGOING COMMITMENT
WORKPLACE PENSIONS DEMONSTRATING OUR ONGOING COMMITMENT INVESTING IN OUR SERVICE, AND ADVISER SUPPORT This information is for UK financial adviser use only and should not be distributed or relied upon
More informationPROTECTION GIFT TRUSTS FLEXIBLE TRUST PACK.
PROTECTION GIFT TRUSTS FLEXIBLE TRUST PACK. Technical Guide Flexible Trust Deed 2 PROTECTION GIFT TRUSTS FLEXIBLE TRUST PACK INTRODUCTION This guide has been written to explain what a Flexible Trust is,
More informationFinancial planning. A guide to estate planning
Financial planning A guide to estate planning The value of investments and the income from them may go down as well as up and you may not get back your original investment. Past performance should not
More informationGROUP MONEY PURCHASE SCHEME MEMBER BOOKLET PUTTING THE PERSONAL TOUCH INTO CORPORATE PENSIONS
GROUP MONEY PURCHASE SCHEME MEMBER BOOKLET PUTTING THE PERSONAL TOUCH INTO CORPORATE PENSIONS ABOUT SCOTTISH WIDOWS Scottish Widows has been looking after the financial well-being of people from all walks
More informationPERSONAL INVESTMENT PLAN YOUR GUIDE TO MAKING WITHDRAWALS. For plans opened since 28th June 2010 provided by Halifax Financial Services
PERSONAL INVESTMENT PLAN YOUR GUIDE TO MAKING WITHDRAWALS For plans opened since 28th June 2010 provided by Halifax Financial Services PAGE 1 INTRODUCTION PAGE 2 THINGS TO THINK ABOUT PAGE 3 CHARGEABLE
More informationA GUIDE TO. PrOTECTING wealth. FOr GENErATIONs
FINANCIAL GUIDE A GUIDE TO ESTATE PRESERVATION PrOTECTING wealth FOr GENErATIONs Pennymatters Ltd is authorised and regulated by the Financial Conduct Authority. It is entered on the FCA register (www.fca.org.uk)
More informationTHE NTT EUROPE COMPANY PENSION GROUP PERSONAL PENSION. A guide to help you prepare for the retirement you want
THE NTT EUROPE COMPANY PENSION GROUP PERSONAL PENSION A guide to help you prepare for the retirement you want Your NTT Europe company pension is provided by Scottish Widows. SUPPORTING LITERATURE AND TOOLS
More informationTHE MARIE CURIE COMPANY PENSION GROUP PERSONAL PENSION. A guide to help you prepare for the retirement you want
THE MARIE CURIE COMPANY PENSION GROUP PERSONAL PENSION A guide to help you prepare for the retirement you want Your Marie Curie company pension is provided by Scottish Widows. INTRODUCING ZAPPAR Welcome
More informationguide to your Old Mutual International
guide to your Old Mutual International Trust Company Enhanced Loan Trust investments pensions the Old Mutual International Trust Company Enhanced Loan Trust More and more people are finding themselves
More informationA GUIDE TO TRUSTS FINANCIAL GUIDE LAYING THE FOUNDATIONS FOR TAX PLANNING OR ASSET PRESERVATION
A GUIDE TO FINANCIAL GUIDE TRUSTS LAYING THE FOUNDATIONS FOR TAX PLANNING OR ASSET PRESERVATION A GUIDE TO TRUSTS Laying the foundations for tax planning or asset preservation As your life changes over
More informationGuardians. Assets. Estate. Beneficiary. Executor. Tax. Attorney. Trusts. Wills. Probate
Guardians Estate Assets Executor Beneficiary Tax Trusts Attorney Wills Probate A unique partnership You will be working extremely hard providing your clients with the means to build up their wealth during
More informationGUIDE TO RETIREMENT PLANNING MAKING THE MOST OF THE NEW PENSION RULES TO ENJOY FREEDOM AND CHOICE IN YOUR RETIREMENT
GUIDE TO RETIREMENT PLANNING MAKING THE MOST OF THE NEW PENSION RULES TO ENJOY FREEDOM AND CHOICE IN YOUR RETIREMENT FINANCIAL GUIDE Green Financial Advice is authorised and regulated by the Financial
More informationthe discounted gift trust discretionary version We ll help you get there
the discounted gift trust discretionary version investments pensions PROTECTION We ll help you get there contents at a glance introduction 3 about Old Mutual Wealth 4 what is a trust? 4 why use a trust
More informationthe discounted gift trust bare version
the discounted gift trust bare version contents at a glance introduction 3 about Old Mutual Wealth 4 what is a trust? 4 why use a trust for IHT planning? 5 who is involved with a discounted gift trust
More informationGUIDE TO ESTATE PRESERVATION MARCH 2017 NAVIGATING YOUR OPTIONS FOR PASSING ON WEALTH
GUIDE TO MARCH 2017 ESTATE PRESERVATION NAVIGATING YOUR OPTIONS FOR PASSING ON WEALTH WELCOME Navigating your options for passing on wealth You ve worked hard all of your life to get to where you are,
More informationPROTECTION GIFT TRUSTS ABSOLUTE TRUST PACK.
PROTECTION GIFT TRUSTS ABSOLUTE TRUST PACK. Technical Guide Absolute Trust Deed 2 PROTECTION GIFT TRUSTS ABSOLUTE TRUST PACK INTRODUCTION This guide has been written to explain what an Absolute Trust is,
More informationEquity Release. A guide to our Lifetime Mortgage products
Equity Release A guide to our Lifetime Mortgage products Introducing Retirement Advantage 2 A guide to our Lifetime Mortgage products Retirement Advantage is a wellestablished company that can trace its
More informationA FLEXIBLE RETIREMENT INCOME FOR WHATEVER THE FUTURE HOLDS LET S TALK HOW. PENSION DRAWDOWN
A FLEXIBLE RETIREMENT INCOME FOR WHATEVER THE FUTURE HOLDS LET S TALK HOW. PENSION DRAWDOWN INTRODUCING FLEXIBLE RETIREMENT INCOME What do you think you ll be doing in ten years time? Or twenty? It s not
More informationA brief guide to our Flexible Trust
A brief guide to our Flexible Trust A Trust is a legal document and Trust Laws are complex, often with a lot of confusing legal jargon. At British Seniors we pride ourselves on doing the right thing by
More informationYour Guide to Life Insurance for Families
Your Guide to Life Insurance for Families (800) 827-9990 HealthMarkets.com Your Guide to Life Insurance for Families Contents Does My Family Need Life Insurance? 4 Types of Life Insurance for Families
More informationPERSONAL INVESTMENT PLAN YOUR GUIDE TO MAKING WITHDRAWALS. For plans opened since 28th June 2010 provided by Halifax Financial Services
PERSONAL INVESTMENT PLAN YOUR GUIDE TO MAKING WITHDRAWALS For plans opened since 28th June 2010 provided by Halifax Financial Services PAGE 1 INTRODUCTION PAGE 2 THINGS TO THINK ABOUT PAGE 3 CHARGEABLE
More informationTECHTALK ANSWERS ISA, LISA OR PENSION? We compare the main features and benefits of ISAs, LISAs and pensions.
TECHTALK This article originally appeared in JAN 18 edition of techtalk. Please visit www.scottishwidows.co.uk/techtalk for the latest issue. TECHTALK ANSWERS ISA, LISA OR? We compare the main features
More informationKEY FEATURES OF THE RETIREMENT ACCOUNT FOR RETIREMENT INCOME. Important information you need to read
KEY FEATURES OF THE RETIREMENT ACCOUNT FOR RETIREMENT INCOME Important information you need to read THE FINANCIAL CONDUCT AUTHORITY IS AN INDEPENDENT FINANCIAL SERVICES REGULATOR. IT REQUIRES US, SCOTTISH
More informationPROTECTION GIFT TRUSTS SURVIVOR S DISCRETIONARY TRUST PACK.
PROTECTION GIFT TRUSTS SURVIVOR S DISCRETIONARY TRUST PACK. Technical Guide Survivor s Discretionary Trust Deed 2 PROTECTION GIFT TRUSTS SURVIVOR S DISCRETIONARY TRUST PACK INTRODUCTION. This guide has
More informationHOW TO MAKE SURE THE RIGHT PERSON GETS YOUR PENSION WHEN YOU RE GONE. Good with your Money Guide 6
HOW TO MAKE SURE THE RIGHT PERSON GETS YOUR PENSION WHEN YOU RE GONE Good with your Money Guide 6 1. INTRODUCTION When someone who is a member of a pension scheme dies, the people they leave behind may
More informationA guide to the Loan Trust Your questions answered
A guide to the Loan Trust Your questions answered Contents Why use a loan trust? 3 What is the loan trust? 4 How the loan trust works 5 Choice of trust 6 Setting up a loan trust 7 Further information 8
More informationDiscounted Gift Plan. Using a Standard Life International Bond or Onshore Bond Questions and answers
Discounted Gift Plan Using a Standard Life International Bond or Onshore Bond Questions and answers Important information for the Settlor, Trustees and their adviser(s) Estate planning needn t be taxing
More informationTAPERED AND MONEY PURCHASE ANNUAL ALLOWANCES:
TECHTALK This article originally appeared in JAN 18 edition of techtalk. Please visit www.scottishwidows.co.uk/techtalk for the latest issue. TAPERED AND MONEY PURCHASE ANNUAL ALLOWANCES: POST-BUDGET PLANNING
More informationDiscounted Gift Trust
Discounted Gift Trust pru.co.uk Contents Inheritance tax planning 3 What can the Discounted Gift Trust do for you? 4 Choice of trusts and inheritance tax 5 How does the trust work? 7 Income tax 9 How to
More informationGUIDE TO WEALTH PRESERVATION MAKING YOUR WEALTH LAST FOR YOU AND FUTURE GENERATIONS FINANCIAL GUIDE
GUIDE TO WEALTH PRESERVATION MAKING YOUR WEALTH LAST FOR YOU AND FUTURE GENERATIONS FINANCIAL GUIDE WELCOME Making your wealth last for you and future generations Welcome to our Guide to Wealth Preservation.
More informationPERSONAL PENSION PLUS TRANSFER APPLICATION FORM. For post 30 June 1988 plans only
PERSONAL PENSION PLUS TRANSFER APPLICATION FORM For post 30 June 1988 plans only Warning: You must not make false statements when filling in this application; it is a serious offence. The penalties are
More informationKEY FEATURES OF THE RETIREMENT ACCOUNT FOR RETIREMENT PLANNING. Important information you need to read
KEY FEATURES OF THE RETIREMENT ACCOUNT FOR RETIREMENT PLANNING Important information you need to read THE FINANCIAL CONDUCT AUTHORITY IS A FINANCIAL SERVICES REGULATOR. IT REQUIRES US, SCOTTISH WIDOWS,
More informationLife and protection insurance explained
protection? illness Life and protection explained A guide to personal and family protection This guide explains the types of life and protection available and how they can offer you valuable peace of mind.
More informationWhat s the best life insurance for you? INDIVIDUAL LIFE INSURANCE
What s the best life insurance for you? INDIVIDUAL LIFE INSURANCE 46-10024 To build the right financial plan for you, it s important to know: what are your options? When it comes to life insurance, you
More informationMORE CHOICE MORE FREEDOM. A guide to Income Release. Pension Portfolio
MORE CHOICE MORE FREEDOM A guide to Income Release Pension Portfolio 2 INCOME RELEASE CONTENTS 03 Welcome A few words from our CEO 06 Share our success How your ProfitShare works 12 Clear charges Product
More informationOCTOPUS. Trust Transfer Pack INHERITANCE TAX SERVICE. Got a question? Return your completed form and documents to:
OCTOPUS INHERITANCE TAX SERVICE Trust Transfer Pack Return your completed form and documents to: Octopus Investments Limited PO Box 10847 Chelmsford CM99 2BU Got a question? Please speak to your adviser
More informationIs your pension tax efficient?
Issue 20 Summer 2017 Financial Viewpoint Is your pension tax efficient? A run-down of the allowances and tax-efficient accounts which reduce your tax liability. Pension Advice Allowance A government initiative
More informationWILLS AND PROBATE GUIDE
WILLS AND PROBATE GUIDE Welcome to Wills and Probate What is a Will? The Dictionary definition is: a legal document declaring a person s wishes regarding the disposal of their property when they die Nobody
More informationWhy, what and how Employer guide
Why, what and how Employer guide to Group Life cover Choosing Group Life cover for your business can give your employees the reassurance that their loved ones will have some financial support if the unthinkable
More informationKey Features of the Stakeholder Pension Plan
INVESTMENTS Key Features of the Stakeholder Pension Plan For plans started after 24th July 2005 Provided by Halifax Financial Services (Halifax) This Key Features document explains the main points of your
More informationInheritance Tax Planning
GUIDE TO Inheritance Tax Planning PLANNING AHEAD TO ENSURE THAT YOUR ASSETS ARE PASSED ON TO YOUR LOVED ONES AS EFFICIENTLY AS POSSIBLE FINANCIAL GUIDE UnaVida Life Planning Pantheon House Beech Court
More informationTECHTALK JOHNNY TIMPSON THE BACKGROUND
TECHTALK This article originally appeared in MAY 18 edition of techtalk. Please visit www.scottishwidows.co.uk/techtalk for the latest issue. MORTGAGE BENEFIT REFORM AND THE NEED FOR A PLAN B Support for
More informationKEY FEATURES OF THE ADDITIONAL VOLUNTARY CONTRIBUTIONS (AVC) PLAN. Important information you need to read
KEY FEATURES OF THE ADDITIONAL VOLUNTARY CONTRIBUTIONS (AVC) PLAN Important information you need to read THE FINANCIAL CONDUCT AUTHORITY IS A FINANCIAL SERVICES REGULATOR. IT REQUIRES US, SCOTTISH WIDOWS,
More information