Income protection planning involves creating a plan to secure a reliable source of income if you become unable to work due to illness, injury, or disability. This includes considering options such as income protection insurance, personal savings, and government benefits to create a safety net that will help you cover your key expenses and keep up your standard of living. Of course, we understand that planning out this strategy can be daunting. That's why having a team of friendly and experienced experts by your side can make all the difference.
In an age where the online world is at our fingertips, why shouldn’t your wealth management be there as well? Our Online Services allow you to access all your wealth investments in one smart place. Whether you’re already registered, or just about to, here are some great features that can help you get the most from your online account.
Registering for Online Services with an activation code allows instant access. If you haven’t got a code, please contact your adviser. Registering online ensures all information is password protected.
Set your communication preferences to receive your digital reports and electronic correspondence.
Make online debit card payment for ISA and any JISA top ups with a debit card
linked to your account, on demand and at a time that suits you. Make payments to Unit Trusts, Retirement Accounts and new ISAs. (Speak to your adviser in order to get this process started) View the value of your investments in a range of currencies and see a breakdown of
this valuation. Instant notifications when a new document is available to view.
For every client opting for paperless correspondence, St. James’s Place will donate £5,to the St. James’s Place Charitable Foundation.
The value of an investment with St. James’s Place will be directly linked to the performance of the funds you select and the value can therefore go down as well as up. You may get back less than you invested.
The favourable tax treatment of ISAs may not be maintained in the future and is subject to changes in legislation.
Less well-known is that children can also have a pension fund as soon as they are born – and setting one up can bring significant tax advantages. Even if your child is a non-taxpayer, they will still get basic-rate tax relief on contributions. That means a maximum of £2,880 a year is automatically grossed up to take account of tax at 25%, giving an annual investment of £3,600
We’ll assess your current financial situation, looking at your salary, bonuses, commissions, and any other sources of earnings you may have. We’ll also explore potential risks and threats to your income, such as health issues, disability, job loss, or industry-specific risks. By understanding these factors, we can create a strategy that suits your needs and helps you navigate any challenges that may come your way.
We offer access to a range of insurance policies (such as disability insurance, critical illness insurance, or income protection insurance) and will help you decide if there is an option that meets your situation and goals. Our advisers will analyse, compare, and identify the policy that offers the best price and most beneficial features for you.
We’ll develop a detailed financial plan that covers budgeting, expense management, and long-term financial goals. This plan may also include retirement planning to help secure a consistent income after retiring, as well as planning an emergency fun to protect against unforeseen income disruptions. All of this will help secure your financial stability and flexibility in any situation.
We’ll guide you through the process of preparing important documents to safeguard your assets and make sure your wishes are respected. This includes creating wills, trusts, and powers of attorney.
Will writing and Powers of Attorney involve the referral to a service which is separate and distinct to those offered by St. James’s Place and along with Trusts are not regulated by the Financial Conduct Authority.
We’ll help you understand the tax implications of different income protection strategies, insurance benefits, and investment choices to optimise your financial situation.
The value of an investment with St. James’s Place will be directly linked to the performance of the funds you select and the value can therefore go down as well as up. You may get back less than you invested.
For over a decade, the advisers at Lester Brunt have been dedicated to helping individuals secure their financial future. With a wealth of expertise in policies, tax matters, budgeting, and more, we’re able to craft a personalised income protection plan that perfectly aligns with your financial goals.
Income protection planning is a continuous journey, and your strategy should be regularly reviewed and updated to suit your changing circumstances. As time goes on, we’ll be right here by your side to keep it current. We’ll consider any changes in your income, personal situation, and evolving financial goals to make sure your plan remains as relevant as the day it was first drawn up. Rest assured, we’re committed to supporting you throughout the entire process.
For more details about services that we offer reach out to us on 01202 695801, or click the button below.
