PENSION CASE STUDY

A Client took ill-health early retirement and was unsure of his options. It transpired that the Client held a Defined Benefit Pension, with a significant number of years’ service.

We discussed the options available to Client and on further research/analysis, we sought the transfer value of the Defined Benefit Pension. 

The Client was now in receipt of all the information and could make an informed decision. We worked with the Clients Tax Advisors and concluded that the Client was significantly better off with the transfer option.

Given the Clients’ circumstances, this was a crucial financial decision and through the proper research and advice, we came to the correct conclusion.

RETIREMENT PLANNING CASE STUDY

A Medical Consultant was referred to us, unsure what pension funding he had in place and also what he was allowed to do. He had both Public & Private income and needed to understand what options were available to him. We worked with him to calculate the value of the Public Services Pension Scheme and also analysed what he had in place under his private income.

We prepared the financial plan, through which we could demonstrate the current & assumed future value of his Pensions. He now has a clear pathway to retirement and a structured investment plan to guide him there.

financial planning CASE STUDY

A couple came to me requesting specific advice on their pensions but also wanted to discuss other areas of financial planning. They both wanted to retire at age 60, but weren’t sure if this was realistic. They both had 9 years to age 60 and wanted to be sure that they had a specific plan in place around retiring at this point. We worked with them and developed the financial plan, to ensure the following:

• They had the correct funding plan in place under their Pension Schemes
• They had educational plans in place for their kids going to University
• They understood what income they needed at retirement and that this would be sufficient to maintain their standard of living

They are now confident in knowing that they can retire at age 60, with their personalised financial plan in place.

investment planning CASE STUDY

A new Client was referred to us by a Legal Firm. This Client had considerable investment assets but was unsure how they were invested at that point. We discussed the goals and objectives for the funds, this gave us the starting point for building the investment plan. Income from the investments was a key objective.

We discussed attitude to investment risk and what the level of tolerance was regarding risk. We performed the due diligence on the existing investments and revised the investment plan.

We provided detailed summary on our proposal and ensured the Client had a clear understanding of where the funds would be invested. The Client is now confident that an income can be provided for from the Investment Plan and the funds are invested appropriately.