FAQs

Q?

I am due to retire shortly, and although I am going to get a pension from my company, I will want additional income from my savings. What suggestions can you make for me?

A.

Much depends on your overall circumstances, tax position, attitude to risk and what your actual requirements are. We would be pleased to provide you with our thoughts and suggestions once we have a better understanding of your position, needs and objectives. Please give us a call so that we can arrange a time to meet up

Q?

I am due to retire shortly, but have seen in the press that annuity rates are poor at the moment. What choices do I have?

A.

Without understanding your current position that is difficult to say, and although we could make broad brush stroke suggestions that would not be either professional or indeed much help to you. A meeting to establish what you are looking to achieve in retirement, and how we can help you do that would be an eminently better way to take the next step forward. Give us a call

Q?

Interest rates on savings are poor and have been for so long. Where should I put my money instead?

A.

As you say interest rates are very poor on savings at the moment. Where to put your money instead, is a difficult question to answer as it depends on what you are looking to achieve in the short, medium and long term, what your requirement for income is (if any), what your tax position is, what your attitude to risk is, what emergency fund you have, amongst many other things. Tying your money up may not fit with your short term plans, and as a consequence the level of return that you get is unlikely to be great at the current time. That's the penalty for having great accessability to your funds. Where appropriate, always make sure that you take advantage of the tax efficient and tax reducing savings vehicles that are available, such as ISA's and pension contributions, but always remember that you should ensure you have sufficient funds available for emergencies. Make an appointment to see us, we can then make sure you are in the most appropriate savings vehicle for your circumstances.

Q?

My current mortgage deal expires next month. The number of deals available is huge and my current lender has made what appears to be a good offer. Should I take them up on it?

A.

The tough thing for any lender is to gain customers, and it is always strange that invariably they seem somewhat ambivalent about whether the client stays at the end of a deal. It is good that they have made you am alternative offer, but did they discuss it with you, and whether is is right for you in your current circumstances. Our job would be too look for your thoughts going forward, not just regarding your property, but also with the economy in mind, and then look for the options that fit you. In the end it may well be that the offer made by your current lender is the most suitable, and that is what we will tell you if that is the case. We will not be remunerated in any way, but we would hope that this will instil in you that we are here for our clients benefit first and foremost. You are more likely to come back for other services that we have to offer. Call us, no commitment is required from you, other than to talk to us

Q?

My mother is in poor health and we are looking at the prospect of Care for her. We have no idea what or how this can be funded?

A.

This is a traumatic time for everybody involved. You are looking at taking someone out of familiar surroundings which give them a great deal of comfort and placing them in strange environment with people they don't know. In addition to that you have to sort out how this is funded, and help can be difficult to find.
Each individual has a different requirement and perspective on this, but one of the best pieces of advice we can give you is that if you are looking at a care home, look round as many as you can, but when you do use your nose as much as your eyes, ears and mouth.
Contact Age Concern, they will provide you with useful advice as will charities such as the Alzheimers Society, who we know from personal experience will provide you with knowledge of those homes which have the facilities to cope with this disease.
We have a great deal of knowledge and expertise in this area, and can guide you and deal with many of the issues for you. CONTACT us to talk it through.