Later life planning covers everything from minimising the amount of inheritance tax your beneficiaries will have to pay, to making sure you have the financial framework in place to cover long-term care (for example, if you need to move into a residential care home). Our team of qualified advisers are trained in all aspects of later life planning, with solutions that are carefully tailored to you as an individual. We take into account your unique requirements, goals, and concerns to form a comprehensive strategy, so you can rest assured that all your financial needs are taken care of. Book a consultation with us online and put yourself in the driver’s seat of your future finances today.
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
For many, planning for a future that may involve long-term care can feel overwhelming. Our advisers look to provide you with all the relevant information in one place, making it easy for you to understand the options available to you.
Whether you’re wondering how to protect your estate from loss due to funding long-term care, or need to know if you can pay for the care fees (or those of a loved one) for as long as needed, we will help map out a long-term care plan that puts your mind at rest.
There are several avenues that our advisers can help you explore when it comes to financing long-term care, including:
If you qualify, this enables you to receive a loan from your local authority secured against your home. The debt must then be repaid, plus interest, within 90 days of your death, usually through the sale of the property.
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.
Equity release is a lifetime mortgage or home reversion plan. To understand the features and risks associated with such products, please ask for a personalised illustration.
When you come to us for advice on later life planning, you are taking a step towards a brighter future that offers more security and less uncertainty.
Our advisers will work with you to devise a later life strategy that will help you feel confident about your future, and the future of your finances. Although none of us can know what the future holds, it’s our aim to help you feel assured in the decisions you do have control over.
What is SOLLA – The society of later life advisers?
Established in 2008, SOLLA is a not for profit organisation dedicated to higher standards and accessibility to regulated financial advice for older people and their families. SOLLA members help with all later life financial matters. They can ensure you have the peace of mind that you are making the right financial choices to secure your future. All SOLLA later life advisers specialise in the financial needs of older people.
For more details about services that we offer reach out to us on 01202 695801, or click the button below.
