Britannic Place Financial Management Limited

Investment Clarity

Background

I was referred to a husband and wife, aged 71 and 69 respectively. They had both been widowed prior to getting married. They have no children and wish to maintain a high standard of living. However, they had used a number of different advisers through the years and were unhappy with the complexity of their position.

Challenges

1. Investments

  • Both had accumulated significant investments over the years but were frustrated by the amount of paperwork that they had to deal with.
  • They had many different types of investment and did not know what was suitable for them and whether they were making use of their tax allowances
  • They were not sure what level of risk they were taking with their investments and were concerned by how it had performed over the years

2. Income

  • They did not know what rate of return was required to maintain their lifestyle over the rest of their lifetime

What we did

  • Carried out comprehensive review of existing investment portfolio
  • Created a Lifetime Cashflow Plan showing what income they required
  • Created a bespoke investment portfolio and restructured cash based investments
  • Ensured investments were diversified, tax efficient and suited to attitude to risk

The results

  • Clients now know what income they require to maintain lifestyle and that this is achievable
  • Improved performance and tax efficiency of investment portfolio and cash deposits
  • Reduced income tax liabilities
  • Creation of future tax free income streams
  • Reduced paperwork and complexity of arrangements
  • Put in place annual review program to ensure that they stay on track for lifestyle they want

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Britannic Place Financial Management Ltd. is registered in England & Wales - Company No. 589908 - Registered Address: 20 Camp Hill Road, Worcester, WR5 2HE
The information contained in this website is subject to UK regulatory regime and is therefore restricted to consumers based in the UK. Decisions should not be taken based solely on the content of the website and individual advice should be sought first. The regulations, levels and bases of taxation are subject to change.
Britannic Place Financial Management Ltd. is Authorised and Regulated by the Financial Conduct Authority. Our FCA No: 588420
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