As with the majority of Financial Services/Wealth Management businesses, our services are very similar. At Armstrong Private Wealth Management we provide the core services you will need.
We have spent a considerable amount of time ensuring our clients get the best possible products and services available on the market today, to ensure the best possible chance of financial success.
Our investment philosophy is based on evidence and investing in low cost funds. The majority of our funds are from two of the worlds largest fund managers, Vanguard a $3 Trillion under management company and Dimensional with $315 Billion under management. Both companies are leaders in providing low cost funds.
The low cost part is very important, it means you keep more of your money, but compounded overtime makes a very significant difference to your wealth.
You may have existing pension plans in place, such as a company pension or personal pension plan, or perhaps you are just starting to save. Maybe you are ready for retirement or already retired. As always we will listen to your retirement ambitions and help you select the most suitable form of retirement plan to meet your needs.
How much will you need for your retirement?
The answer to this of course, depends on your aspirations. What will you want to do? What will your day to day expenses be? What will the costs of day-to-day living be for me (and my partner) in retirement? What else will I want to do now I have time on my hands? What expenses will disappear e.g. children, mortgage repayments etc.
Once you come up with a figure, add in an amount as a buffer against the unforeseen and unexpected. Now you will have arrived at the amount of pension that you should ideally be planning for. Also bear in mind that pensions are taxable, so you will need to allow for income tax when arriving at your final pension figure.
Getting ready for retirement is about planning. Planning what you want to do, when you want to do it. It means deciding how you want to spend your time, and your money, and then taking the action you need to achieve what you want to change for the better in your life. If you do that you can have a life after work
Financially you’ll find you have several choices which could include maximizing your pension contributions and obtaining the most out of available tax allowances. We will ensure that you have considered all relevant factors and have an appropriate plan in place.
Now it’s time to relax.
Inheritance Tax Planning
Inheritance Tax (IHT) is a major concern as more and more estates fall within the IHT threshold. Effective tax planning is essential to avoid leaving a substantial tax liability at death, thereby substantially reducing the value of the estate passing on to beneficiaries.
Within your financial plan we will assess how we can minimize your tax liability and maximize what you can pass on.
Life is unpredictable, it can be exciting, it can be daunting, but whatever happens, we will work with you to make sure your family’s future needs are secured. With careful planning we can safeguard your family finances, no matter what the future holds
We will discuss with you all those areas where we can help you safeguard your dependants and protect against unexpected events like bereavement and sickness. We can advise you on your protection needs, from life assurance to healthcare cover, to reducing your inheritance tax liability, making a tax-efficient will, and providing a tax-free cash lump sum for your dependants in the event of your death.
It is also important to note that we are able to offer you the best products to suit your needs not from a single provider, but from the whole of the market.