As you approach later years your ability to accumulate additional wealth usually ceases with retirement from paid employment.
At that time you will want to ensure that your savings and investments are able to support you throughout your later years. This may mean a reduction in risk, a restructure to suit your tax position or a refocus, for example, from capital growth to income.
What do you want to achieve? Having clear objectives for your future is important.
Measure 107 via FinaMetrica your attitude to risk.
We can advise on the options available to you.
Our expert advisers know the tax implications and can advise appropriately.
We often work alongside other professional advisers, such as your accountant, to provide a truly cohesive financial plan.
Further information about Later Life Planning:
Long Term CareNews & Case Studies
So what now for Social Care?Posted in Long Term Care on 22.06.17 Read The Queen’s speech on 21st June remained silent on the issue of Social Care and the reforms proposed in the Conservative...
Who will care for you in old age?Posted in Long Term Care, Pensions & Retirement on 05.12.16 Read As a population we are living longer, and with an ageing population the need for care is growing, with the time spent in care...
Cap on Care Costs DelayedPosted in Long Term Care on 22.07.15 Read After much speculation the Government have confirmed that the second phase of the Care Act 2014, planned to come into force in...
Sarah Travers becomes an Accredited Later Life AdviserPosted in Long Term Care on 12.05.15 Read We are delighted to announce that Sarah Travers has achieved accreditation with the Society of Later Life Advisers (SOLLA)...
NHS Funded Care – What You Should KnowPosted in Financial Advice, Long Term Care (+1 more), on 19.02.15 Read Fiducia adviser Sarah Travers explains NHS funded care and what you could be entitled to in the future.
A Guide to Long Term Care PlanningPosted in Long Term Care, Equity Release on 18.07.14 Read Sarah Travers, Financial Planner at Fiducia Wealth specialising in advice for the elderly, explores Long Term Care Planning in...
Lasting Powers of AttorneyPosted in Guest Editor, Inheritance Tax (+1 more), on 05.06.13 Read Sue Mullis of GoodyBurrett LLP For most people today, life is busy and often complex. Apart from our working lives, our...
As you approach later life, your ability to accumulate additional wealth dwindles with retirement and the end of paid employment.
A key focus of later life planning is therefore how you mitigate this loss of income and arrange your finances to ensure you can continue to live comfortably.
At Fiducia Wealth, our core area of expertise is maximising wealth through investment planning and asset management. We are therefore perfectly placed to advise on how to make sure the investments and savings you have accumulated over the course of your working life are able to support you through your later years.
Our team of investment advisers, supported by our dedicated in-house investment team, are able to provide you with professional investment advice to help you make the decisions that work best for you.
This may mean focusing on reducing risk in your investments in order to protect the wealth you have already accumulated, or it may mean restructuring your assets to suit your tax position. Alternatively, it could mean refocusing your investment portfolio away from capital growth to instead generate an income.
Whatever your circumstances, our award-winning specialist team will fully explain your options in an accessible way and offer honest, professional advice on the best options for you. We often work alongside other professional advisers, such as your accountant, to provide a truly cohesive financial plan.
Our proven process involves:
Identifying your goals
The starting point for all of our financial planning is asking our clients what they want to achieve. Having clear objectives for your future is important.
Determining an appropriate level of risk
Risk is the all-important factor in investment management. Greater rewards inevitably come with greater risks, so it is always critical to balance the expectations of gain from investments with the need to protect existing assets. Our starting point is your attitude to risk, then what you want to achieve with your money, then the level of losses you could comfortably absorb.
Deciding where to put your money
There are dozens of potential investment vehicles out there, all with their own advantages and drawbacks. Once we have assessed the right level of risk for your ultimate objectives, we can advise you on the best options for investing your wealth.
Reducing tax liabilities
When you no longer have an income from paid employment, one thing you don’t want is your wealth leaking away in unnecessary tax payments. We can advise on how to structure your finances so you pay no more tax than you need to.