Impartial Financial Planners | IFA | Fee Based | Dentists | Doctors
Providing fee based impartial financial planning services, serving dentists & medics throughout the UK
Q. I’m approaching retirement and have some major financial decisions looming. I think that using the expertise of a good financial adviser will help me, however I’m not sure how to choose the right one as there appears to be so many different types to choose from! How do I find the right one? A. I understand [...]
Q. I am a Dental Principal aged 44 and am looking to save more money towards my retirement and would prefer to invest in a pension due to the tax relief available. Can you please advise me whether I should invest via a personal pension scheme or via purchasing additional pension (formerly added years) via the [...]
It is the subject that we get the most enquiries about from new clients, and the one that greatly concerns many doctors and dentists – retirement planning. To ensure we are always up to date with the latest developments, and to keep up with our CPD, we read a huge amount on this subject. Recently, [...]
Q. I have just retired from dental surgery after 35 years hard work, and plan to really enjoy my retirement years by travelling a lot to far away places. With my NHS lump sum and cash from selling my practice I have a large sum of money to invest. I want to put money into the [...]
When we start working with a new client who’s, say, aged 50, its always interesting to get down to what they want to aim for in life. After all, if life is not about thoroughly enjoying doing things you love most, what is it about? So when the ‘Retirement Reality’ study from an insurance company [...]
No doubt you’re fully back into work as the nights get colder and darker. I know, but don’t worry, next summer will soon come around The last few months have been hectic. Apart from client work, we have a number of events lined up between now and the end of the year: On October 8th [...]
Q. I’m aware that I’m not going to accrue the full 40 years in the NHS Pension Superannuation Scheme as I did not qualify until I was aged 25. I’ve heard about buying ‘added years’. Can you tell me how to go about this? A. Until April 2008, buying added years was available. Many people [...]
No matter what stage of career you’ve reached, or even if you’ve retired, there’s a number of key questions that you should be able to answer to give yourself the confidence that you’ve addressed all the important areas of your financial planning. So, today, I’m going to run through the key areas that we run [...]
Q. I have recently had a windfall from an inheritance. After paying off all debt, I have a substantial sum left which I want to invest over say 15 to 20 years to help towards my retirement. This is a new one for me as I have never seriously invested before, so I thought it sensible to [...]
Q. If we were to aim for a pension of approx £15000 per year, what total pension pot + savings would we need to aim for in our pension planning at age 60? A. Thats a tough one, as it will depend upon various factors. Two of the main options to consider are annuity rates on pension [...]
