Family Investment Companies (FICs)
A Family Investment Company is created to hold and manage the wealth of a family via a non-trading corporate structure. Its main purpose is to provide control over distribution of income and assets to family members and can be highly tailored to suit individual family unit needs. FICs can also provide other tax planning opportunities such as for Inheritance Tax Planning and tax on investment income and gains.
Pensions
PENSION TYPES
- Children’s pensions
- Defined benefit (or final salary) pensions
- Workplace pensions
- Personal pensions
- Self-Invested Personal Pensions (SIPPs)
- The state pension
PENSIONS TECHNICAL
- Annual allowance and lifetime allowance limits
- Busting myths about pensions
- Increases to pension age and new normal minimum pension age
- Pension freedoms
- Pension withdrawal methods
- The lifetime allowance
RETIREMENT PLANNING
- Delaying retirement
- Generating income from investments throughout your retirement years
- Importance of a retirement wealth check
- Retirement goal setting
- Retirement planning
- Reviewing your retirement plan
- Staggered retirement
- Taking control of your retirement plans
- What can I do with my pension?
- What happens to my pension on death?
PENSIONS OTHER
Investments
Growing your wealth
GOAL BASED INVESTING
- Cash flow modelling
- Creating a financial roadmap
- Investment objectives
- Timescales and market activity and the impact of losses
- ‘What if’ scenarios
LEGACY PLANNING
- Discussing legacy planning with your loved ones
- Inheritance Tax (IHT)
- Inheritance Tax Residence Nil Rate Band (RNRB)
- Lasting power of attorney
- Lifetime transfers
- Making a Will
- Preserving wealth for future generations
- Protecting your assets for the next generation
- Slicing up your wealth pie
TRUST PLANNING
Other
BUSINESSES AND CHARITIES
- Business exit strategy planning
- Corporate investment strategies
- Investment Management Committee services
MISCELLANY