Is your business under threat

Financial Advice

There are currently 5.4 million businesses in the UK with circa 95% employing 10 or less people, and most having an ownership structure of 3 or less people with an average age of 48. With SME’s size of operation therein lies an inherent danger, it is incredible that business owners take out phone or pet insurance but fail to protect their business. In any small business there will be at...

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Business Review

Financial Advice

Have you ever had a review of your business, perhaps it is time you did so, we can look at things such as. What type of share protection do you have in place, if it is a Buy & sell arrangement, do you realise this negates your opportunity to benefit from Business Property Relief on the sale of your business. Is your business protection written into trust? £450m of Inheritance tax was paid...

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Dont’t buy on price

Financial Advice

People purchase life assurance based on premium & not quality of product. When purchasing on line this may not even be the most competitive premium (remember it costs money to be a cute TV based Meerkat), and they work of a panel not the whole of the market. One company Bright Grey have a fantastic feature called “helping hand” @ no extra cost which is a team of medically trained...

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Relevant Life Policies

Financial Advice

Similar to a Death in service arrangement Relevant Life Policies are a cost effective way of putting life assurance in place under a suitable trust arrangement for anyone paid on a PAYE schedule E basis with the premiums paid for by the Employer. The advantage of a Relevant Life Policy over a Death in Service arrangement is that it does not eat into your lifetime pension allowance (£1.5M). It...

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Protecting your income

Financial Advice

Of the UK Adult population surveyed 75% had Car insurance, 69% had Buildings & contents insurance, 17% had credit card insurance, 14% had Pet insurance, 13% had Mobile phone insurance, yet only 8% had any form of income protection insurance. This equates to circa 26 million People with some form of tangiable earnings. Ask yourseleves how long could I survive without any on going income...

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Life assurance is an important purchase

Financial Advice

Life assurance is not a commodity it should not be purchased online or  whilst out shopping @ a Supermarket. Buying online does not mean it is cheaper, Don’t get me wrong I love Meerkats as much as anyone, but it costs money for Alexander Orlov to strut his stuff on the TV (simples). When buying life assurance the main focus should be on the suitability of the product being purchased...

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