INHERITANCE TAX PLANNING

Inheritance Tax Planning (IHT Planning) “Nothing can be said to be certain, except death and taxes” – Benjamin Franklin.
By careful planning we can help mitigate the burden of inheritance tax on your loved ones.

ANNUITY ADVICE

Purchasing an annuity is the most common way of turning all your pension savings, which you've built up over the years, into an income that will last you the rest of your life.

INCOME DRAWDOWN

Rather than purchase an annuity, you may be able to drawdown accumulated funds in your pension to provide an income that can be tailored to your needs in retirement.

RETIREMENT PLANNING

Planning for retirement is extremely important especially as people are living longer and are active for longer. To enjoy your retirement, having a suitable income to support your standard of living is essential.

SIPPs

A Self Invested Personal Pension allows the plan holder much more freedom than a personal pension or a stakeholder pension. It also requires active management and investment expertise and charges may be higher than for a personal pension.

WORKPLACE PENSIONS

A workplace pension is a way of saving for your retirement that's arranged by your employer. Some workplace pensions are called 'occupational', 'works', 'company' or 'work-based' pensions.

PENSION ADVICE

Everyone in the UK needs to save for their retirement and most do this by contributing to a pension. The state pension will not be enough for most people and will definitely not provide enough for you to enjoy retirement!

WEALTH MANAGEMENT

There are many different ways to take care of your savings and investments. Equally there are many banks, building societies and financial institutions to choose a range of products from.

ISAs

There are many different ways to take care of your savings and investments. Equally there are many banks, building societies and financial institutions to choose a range of products from.

INVESTMENT ADVICE

There are many different ways to take care of your savings and investments. Equally there are many banks, building societies and financial institutions to choose a range of products from.

INCOME PROTECTION

We can advise on and help you make important decisions on how to best ensure that should you be off work due to accident or sickness, be diagnosed with a critical illness or even worse that your family and loved ones are financially secure.

INSURANCE

We can advise on and help you make important decisions on how to best ensure that should you be off work due to accident or sickness, be diagnosed with a critical illness or even worse that your family and loved ones are financially secure.

EQUITY RELEASE

Equity Release schemes can be used for many reasons from supplementing income in retirement, inheritance tax planning, and paying off an interest only mortgage to releasing a lump sum of money from your home.

MORTGAGE ADVICE

Buying a home is one of the major financial decisions someone will take in their life and is usually the biggest financial commitment someone will make in their life. At Lifetime-IFA we are committed to making sure that our clients receive the best mortgage advice available.