Duncan provides technical analysis on an on-going basis for all of our clients. Duncan also sources up to date information on the marketplace, products and options. This enables the advisory team and you, the client, to understand your current situation and consider all the financial options available to you.
Financial products are sometimes at their most useful when they are protecting our families, our incomes or our property.
There are many ways in which a family can protect itself, and because of the large range of products available there is usually an appropriate policy for most circumstances, and most budgets.
Pensions are, of course, designed to enable you to save sufficient money during your working life to provide an income stream for you to live comfortably after you have retired.
– referred to as the State Second Pension (S2P) but before 6 April 2002, it was known as the State Earnings Related Pension Scheme (SERPS). From 6 April 2002, S2P was reformed to provide a more generous additional State Pension for low and moderate earners, carers and people with a long term illness or disability and is based upon earnings on which standard rate Class 1 National Insurance contributions are paid or treated as having been paid. Additional State Pension is not available in respect of self employed income. From April 2016 both the basic rate pension and additional state pension will be combined to offer a simple single tier flat rate pension. **
– these are also Money Purchase schemes and are open to everyone and especially useful if you are self-employed, your employer doesn’t yet run a company scheme or just for topping up existing arrangements. From October 2012, the Government introduced reforms and all employers have to offer their employees, who meet certain criteria, automatic enrolment into a workplace pension. Employers can use the Government backed scheme, National Employment Savings Trust (NEST), or offer an alternative ‘Qualifying’ work place pension scheme such as a Group Personal Pension, providing it ‘ticks’ certain boxes. The process is being phased in between 2012 and 2018 depending on the head count of a firm. Employers are required to contribute a minimum of 3% of salary with Employees making a personal contribution of 4% with tax relief of 1% added on top, which again, is being phased in gradually.
are now a vast array of different products that may be used at retirement to provide benefits from the traditional form of annuity that provides a regular income stream to Flexi-access Drawdown which enables lump sums of benefits to be taken either as a one off payment or over a given number of years. Given the complexity and choice all individuals now have, it is important to seek independent financial advice before making any decisions.
Brilliance Financial Planning Consultants: The brightest way to look after your future
Our firm of highly qualified consultants, including Chartered Financial Planners, can help you with advice on pensions, investments, savings and your other general financial planning needs.
You need a different breed of financial adviser one who doesn't simply sell products but who gives you market-wide information. That way you can make informed, sound decisions for your future. By working with a fee based IFA you'll know your best interests remain our focus because we never sell products based on commission.
At Brilliance, we understand your needs and recognise that the demands you make of our advisers will change over time. We're ethical, accredited and have distilled our many years of experience to give you tailored financial solutions whatever your circumstances.
By submitting this form you agree that our firm may use or hold your personal data for the purpose of marketing to you financial products and services. We may contact you by telephone, email, fax or letter for this purpose. If you prefer not to receive these communications from us in the future you can advise us at any time by notifying us using the 'Contact Us' section of this website.
Your personal data will remain confidential and be held in accordance with the Data Protection Act 1998 and will not be passed to any company outside our firm without your permission being obtained, unless the information is required by law.
By submitting this form you agree that our firm may use or hold your personal data for the purpose of marketing to you financial products and services. We may contact you by telephone, email, fax or letter for this purpose. If you prefer not to receive these communications from us in the future you can advise us at any time by notifying us using the 'Contact Us' section of this website.
Your personal data will remain confidential and be held in accordance with the Data Protection Act 1998 and will not be passed to any company outside our firm without your permission being obtained, unless the information is required by law.
