Description
Mason James are Independent Financial advisers, who specialise in all aspects of financial planning.
We offer a home visit service in the evenings, if necessary, to ensure prompt attention.
We have advisers who hold the Advanced Financial Planning
Certificate and can therefore offer advice on more complex areas of
financial planning, such as :- - Inheritance Tax - Benefits of placing
assets into trust.
Accident, Sickness & Unemployment Cover,
Critical Illness,
Endowment Policies,
Income Protection Plans,
Key Man Insurance,
Life Assurance,
Life Insurance,
Mortgage Insurance,
Mortgage Protection,
Redundancy Protection.
Annuities,
Bonds,
Company Pensions,
Equities,
ISAs,
Investment Protection,
Investment Trusts,
Lump Sum Investments,
Pension Funds,
Savings Plans,
Tax Efficient Investments,
Unit Trusts.
Assurance Pensions,
Company Pensions,
Personal Pensions,
Stakeholder Pensions.
Asset Management,
Financial Planning,
Home Income Plans.
Financial
Planning is the art of assessing your current position, your aims and
objectives and seeking to ensure that you can meet them. Or, if this
will not be possible, helping you decide your priorities and then
meeting those
- Ensure you have suitable insurance in place
- Ensure that you do not take any undue risks, and
that you do not miss out on any growth opportunities
We
sort through the vast range of mortgages and identify the best ones for
you, in terms of their features and benefits, and also of your own
personal circumstances (status as employee, contractor or self employed
person, credit history etc)
We will also oversee the process of actually completing on the
mortgage, ensuring that all the parties (lawyers, lender, yourself) etc
have all the right documentation at the right time. This is an
essential part of our service, as all too often communication
breakdowns lead to otherwise unnecessary delays.
Normallly required for Mortgages
If the house is to be lived in by your partner or children then it
is normal practice to ensure that the mortgage is cleared on death.
Money for dependants. If you have small children then money will
help provide for them, perhaps by allowing the surviving partner to
stay at home or work part time for some years.
- Business debts.
Banks and creditors get worried when key people die. Credit lines
get shortened or even pulled, often with fatal consequences for the
business. If you are a key person your business could insure you to
provide cash flow to settle all debts and recruit a new employee.
- Business Partners and Co-directors.
If you die you hope that your colleagues will pay a fair value for
your share of the business, but they can only do this if the funds are
available. Assurance can be used to provide this.
The Pensions Planning Process
In order to assess your position and advise you correctly, we will
need to understand your previous history and any existing pension
contracts you may have.
In short, we conduct an audit of your present arrangements. We
assess the level of pension that your present arrangements might expect
to provide at retirement and then, if there is a gap between what you
want and what you might get, advise you as to how best to invest to
provide the extra retirement income you need.
It
is our role as an IFA to help you choose the right investments out of
all those above in order to help you meet your objectives.
What you need to give some thought to is what those objectives are.
This is an area in which compromise and self understanding are
essential.
In short, we will help you determine an investment strategy
appropriate for your needs, and using the investments best suited to
your investment attitude and tax position.
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