How we help clients
Each client will have different financial goals, aspirations and requirements. Therefore the advice we give to each client is tailored to their situation. However, to provide you with a better understanding of the advice we provide, we have highlighted some of the areas and products we advise our clients on.
Tax efficiency is an integral part of planning. We, therefore, use many tax-efficient vehicles for our clients, such as ISAs, each tax year.
Regularly saving into either investments or pensions can help you accumulate your savings quickly and efficiently. It can also avoid excess disposable income building up in cash eroding over time.
Saving for the futures of your children and grandchildren can make up a big part of your financial plan, and therefore we help our clients with the many options available.
Making use of your annual allowances and correctly surrendering/investing at the right time is an essential part of good tax planning.
There are many advantages and disadvantages of investing onshore and offshore. We can help clients find the right fit for them and their situation.
As everyone's situation is different, so are their investments. We can help our clients create a tailored bespoke investment portfolio aiming to meet their objectives with access to specialist help if required.
Your home may be repossessed if you do not keep up repayments on your mortgage
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. An investment in equities does not provide the security of capital associated with a deposit account with a bank or building society.
The levels and bases of taxation and reliefs from taxation can change at any time. The value of any tax relief depends on individual circumstances.
We can review any existing retirement plans to check if they are working as hard as they possibly can be for you.
Saving for retirement is an important objective. A great way in doing so is by making regular contributions or ad-hoc lump sums from excess salary or bonuses to your pension(s).
Investing in commercial property within a SIPP or SASS can bring many tax advantages. However complex, we're happy to help clients manage these investments.
Our primary focus with our clients is goal-based planning, especially with planning for retirement. We have ongoing meetings with all of our clients to monitor if they are on track to meet their goals.
Taking pension income or lump sums doesn't have to be complex. Therefore we work with our clients closely to manage the correct way in taking their pension benefits in the best tax-efficient manner.
Dealing with current or previous employer schemes can be complex, and we can help our clients manage these. We can also help businesses set up new schemes for their employees.
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 levels and bases of taxation and reliefs from taxation can change at any time. The value of any tax relief depends on individual circumstances.
SIPP's & SSAS's tend to have higher costs than a standard pension and are generally only suitable for fairly experienced investors. For these reasons, they will not be suitable for everybody and generally only those who are fairly experienced at actively managing their investment should consider this type of investment. There are strict rules on what property can be held and how.
SASSs are not regulated by the Financial Conduct Authority.
Setting up a trust is a great way to help reduce inheritance tax or to make timed gifts. However, making sure it's managed correctly is most important, and this is something we help our clients with regularly.
Passing wealth down to various generations can be complex, and therefore we work closely with clients in making sure the correct method is undertaken.
Making use of your annual gifting allowances is fundamental when planning to reduce your inheritance tax liability. We can help you plan and utilise these allowances.
Not everyone wants to gift capital away to help reduce their inheritance tax liability. Business Relief is another method that helps reduce your inheritance tax liability whilst allowing you to keep control of your savings.
The easiest way to reduce your inheritance tax liability is to spend some of your savings and enjoy the hard work you have put in over the years. We certainly encourage our clients to enjoy and spend their savings on the things they like doing.
Managing taxation within trusts can be complex, as there is a range of different type of trusts/tax arrangements. Managing withdrawals from trusts to various beneficiaries is something we do on an ongoing basis with clients.
The levels and bases of taxation and reliefs from taxation can change at any time. The value of any tax relief depends on individual circumstances.
Trusts are not regulated by the Financial Conduct Authority
Over the past few years, the government have launched many schemes to help first times buyers get on the property market. We can help clients navigate the best options for them.
When your mortgage rate finishes, it's worth re-mortgaging to avoid the higher standard variable rate. We help our clients re-mortgage into new mortgages suitable and affordable for them.
We help clients with access to mortgages for commercial property either within company structures or pensions. This can be complex, and therefore we're on hand to help.
Many clients will have a BTL portfolio of properties that require new/re-mortgages. We can help clients find the best deals on buy to let terms with providers.
For the right client, equity release is a great tool to release capital tied up within a property. We can help clients through the many different options available to them.
Passing on a property can be a good tool in transferring wealth to the next generation. Its important this is done correctly to avoid unwanted tax liabilities. Therefore we can help clients with these objectives.
Your home or other property may be repossessed if you do not keep up repayments on your mortgage
*This is a lifetime mortgage or home reversion plan. To understand the features and risks associated with such products, please ask for a personalised illustration
Commercial and some buy to let mortgages are not regulated by the Financial Conduct Authority.
We offer a comprehensive range of first charge mortgages from across the market, which lenders make available to mortgage intermediaries, for which we will be paid a procuration fee by the lender
A business needs to protect itself against financial loss due to a key person in their business dying or being diagnosed with a critical illness. We help many business professionals cover this liability.
Setting up shareholder protection plans can allow business owners to repurchase shares from any partner diagnosed with a critical or terminal illness or dies. This policy helps surviving owners stay in control and minimises disruption to the business.
When selling or exiting a business, investing the capital gained becomes a vital objective to aim to improve the returns on capital held on deposit if interest rates are not favourable. We help clients manage this new position they may find themselves in from a recent sale.
When employing staff, it's essential to consider the range of pensions and protection schemes that can be set up for these employees. We help business owners set up and manage these schemes within their business.
It's important to have good cash flow when running a business. However, excess cash within the company sitting on deposit can run the risk of eroding in value due to inflation. We help clients manage their surplus cash with investment options.
We work with many different employers to run financial workshops and educational seminars for their employees on various financial topics, such as basic investment principles to retirement planning.
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. An investment in equities does not provide the security of capital associated with a deposit account with a bank or building society.
*Exit Strategies may include the referral to a service that is separate and distinct to those offered by St. James's Place.
