This week one would be forgiven for believing the financial world is in a period of staleness at present. The FTSE 100 is hovering around the 5900 mark, inflation has officially fallen to 3.40%, and personally I take these figures with a pinch of salt as my household bills including diesel and the weekly shop have increased well above this figure.
The truth is however that whilst all of the above information is true, there is very little, if anything, you or I can do about this. I remember when I was a young lad my grandfather muttered the saying, nothing is certain in life Ashley, only death and taxes. A common saying I know, but compelling nonetheless. This information is not to be viewed as good, bad or indifferent, it is after all simply information. The key is what we do with the information. The simple fact is I cannot change world events. I cannot influence the FTSE 100 index, no more than I can reduce the wholesale price of oil or food commodities.
I can do something about it though. I can review my goals and aspirations. I can form a plan and cater for my retirement age, the income I will need, work out how much I need to save and where I need to invest. I can review hundreds of different investment companies offering thousands of different funds. I can use my ISA allowances, capital gains tax allowances and additional allowances to reduce my tax burden. I can then monitor my plan on a day to day basis and change or adapt my plan to ensure it continues to meet my objectives. I can then setup a plan to replace my income if anything stops me from working, I can even place such a policy in trust for speed of payment and tax efficiency.
I can do all of this because I am a financial planner. I am proud to work with a team of financial planners and I enjoy having the knowledge and contacts to offer not just good advice, but exceptional advice. Do not take my word for it though, view our website, read the case studies and give us a call, the first meeting is at our expense so there are no surprises. Just tell us your story and we can show you a path to a more secure future.
Please note that The Financial Services Authority does not regulate Tax advice or Trusts.