Tag: legal advice
MD of Informed Financial Planning presents at National SIFA Conference
Our Managing Director – Kevin Ferriby – was one of three IFA firms nationally – invited to speak at SIFA’s Annual Conference with reference as to how we work with firms of solicitors. Considering the number of firms who are members of SIFA across the UK and we were one of three firms invited to [...]
Read moreA look at what IFP do for our clients…
This section of our quarterly newsletter will look at a specific case study and demonstrate how you can identify which of your clients we may be able to help, how we provide our services and the results of providing high quality independent professional financial advice. The Retiring Business Owner Case Study Mr Owner aged 57 and [...]
Read moreFinancial Planning and Divorce
No-one who is going through a divorce finds the process easy: it’s long, messy and almost always painful. Even if there are no children involved, divorce is a procedure that takes its toll on both sides: the acrimony, the paperwork – and the inevitable meetings with your solicitor. It’s understandable that many people involved in [...]
Read moreIFP host successful seminar for solicitors
Informed Financial Planning ran – in conjunction with SIFA – a successful compliance seminar for solicitors on 27th March at the Village Hotel in Hessle. It was well received by the solicitors who attended with the feedback provided excellent. The seminar was motivated by some of the changes in the Legal Services Act for solicitors [...]
Read moreTen New Year’s Resolutions for your Financial Planning
Around 50% of us make New Year’s Resolutions and ‘sort the finances out’ must be one of the most popular: but that’s a little vague – it’s more a wish than a firm commitment to take action. The main subject of many of our January appointments with both new and existing clients seem to have [...]
Read moreFuneral Plans – a practical and sensible thing to do
Ones own funeral would hardly rank among the most appealing topic of conversation for the vast majority of us. Fewer still discuss funeral arrangements with our families, purely because it is such a difficult thing to do for most people. Despite this reluctance, it is surely vital that we plan for the inevitable and so [...]
Read moreThe Dilnot Report – What it means for Long Term Care planning
July saw the publication of the long awaited Dilnot Report looking at the funding of long term care. As the population has continued to get steadily older, more and more people have become worried about losing their savings – and possibly their homes – because of the need to pay for long term care. It’s [...]
Read moreTen ways to cut Inheritance Tax liability
As a starting point, every individual is entitled to a nil rate band, under which no inheritance tax is payable. For the current tax year, the nil rate band is £325,000. Any inheritable assets over that threshold figure can attract a tax of 40%, payable to HM Revenue & Customs. There are however a number [...]
Read moreDebt: The new addiction
The credit crunch has made life difficult for everyone. Shops are reporting reduced sales, restaurants have fewer bookings and unfortunately, many people are sliding inexorably into debt. With widespread tales of the banks’ current reluctance to lend, it might seem that it’s now difficult to get into debt. But while the traditional providers of loans [...]
Read moreHave you made a will?
According to a recent study by Standard Life, more than half of British adults don’t have a will, putting their heirs at risk of paying hefty legal bills to untangle estates. The research found that nearly two-thirds (60%) of 35-44-year-olds didn’t have a will, while two-fifths (38%) of 45 to 54 year-olds, a third (32%) [...]
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