Wealth FAQs

Wealth planning can include investment management, wealth structuring, risk management, estate planning, retirement planning and legacy planning.

Wealth planning can help you manage your wealth in the most efficient and effective way to achieve your financial goals and aspirations.

The initial discussion and creation of a wealth plan are complementary for clients, if you choose to invest with us any updates to your plan will also be free.

A fully bespoke wealth plan provides a valuable picture of your overall financial situation, it includes cashflow as part of the analysis.

You can usually take up to 25% of your total pension savings tax free. Any further withdrawals are subject to income tax in the UK.

There is no limit on how much you can contribute to your pension each year, but rules apply on how much tax relief you can claim.

This depends on the lifestyle you aspire to during retirement. Personal wealth planning and cash flow analysis can help you answer this question.

There can be some benefits to combining your pensions, but you should always take professional advice to ensure all the implications are fully considered.

A beneficiary is an individual or organisation that benefits or receives something from your estate.

A trust is a legal arrangement for managing your assets (such as, money, investments, land or buildings) for the benefit of others.

Your estate is the total value of everything you own. It includes your home, your money and even your smaller more personal possessions.

Inheritance tax may be payable on the total value of your estate when you die. Estate planning allows you to plan ahead for this.

A wealth planner can advise on ways you can reduce the inheritance tax charge. These could include gifting, setting up structures or making charity donations.

UK inheritance tax bills should be paid within six months of the recorded date of death, to avoid interest being charged on the amount due.

Succession planning provides stability and certainty for high net worth families across the generations. It ensures that family wealth is preserved and passed on efficiently.

In the UK, inheritance tax may be payable on your estate following your death. However, certain allowances apply so it’s important to seek professional tax advice.

Once we understand your financial goals and tolerance for risk, we will design your wealth plan to achieve those goals and manage the risks accordingly.

Incorporating retirement planning, estate planning and tax-efficient options into your wealth plan can help to preserve your wealth.

As tax rules change frequently, it’s vital to seek professional tax advice to help you manage your wealth in the most effective way.

Leaving your wealth in cash savings over a long period could put it at risk from inflation, which can erode its value over time.

No. We’re unable to give specific tax advice based on your personal situation, but we can recommend and work with your specialist tax advisers.

By building a personal wealth plan and modelling your future cashflow, we can help you anticipate potential tax events and prepare your finances accordingly.

Tax-efficient investing ensures the impact of taxes is considered when making investment decisions.

We’re used to working alongside our clients’ existing professional advisers. If you need guidance on finding specialist legal or tax advice, we can help.

Our wealth planners have extensive experience to draw on and work with our specialist teams to support you through major changes in your life.

Making a wealth plan after a major change in life allows you to reset your goals and provides peace of mind for your future.

An experienced wealth planner can support you through life’s key changes, such as buying a home, relocating, divorce, retirement, and bereavement.

Reassurance you have enough money to last your lifetime and also a realistic picture of what you can afford to do with your wealth.

It can be used to model how the value of your current assets, income and liabilities will change over your lifetime.

Cashflow refers to the movement of money over time. It includes income, expenses, savings and investments, and gives an insight into your financial situation.

Yes. We have extensive experience of working with high-net-worth international clients who have complex financial affairs and assets around the world.

Wealth structures can help you manage your wealth effectively to achieve your financial goals, both now and in the future.

Wealth structuring is a means of managing, protecting and growing your wealth in the most effective and tax-efficient way.

It can involve retirement planning, estate planning for the transfer of wealth to future generations and managing your money more tax efficiently.