Services we offer
As Independent Financial advisers, we are able to offer our clients advice on products from every financial product provider in the UK. Furthermore, we are able to offer specialist expertise in the field of retirement planning, as well as investments, Isa's, Healthcare, Life Assurance, Inheritance Tax Planning and Income Protection.
Retirement Planning
Making the correct decision on how to meet your retirement needs or the needs of your staff is far from simple. Will the Governments new Stakeholder Pension Scheme be the answer, would an Executive Pension Scheme be more appropriate and do you require the option to self invest? Should you contract-out and how will this be affected by the planned changes to the State Earnings Related Pension Scheme (SERPS). Let Callaway Sykes guide you through the pension maze.
Investments
Everyone wants to earn the best returns on their investments but there are many factors to consider such as the level of investment risk you wish to take, whether you need income or growth, your taxation position and what degree of access you need to your funds. Callaway Sykes can provide advice on Unit Trusts, National Savings, Deposit Accounts, Investment Bonds and many other investment products.
Inheritance Tax Planning
Making plans to mitigate an Inheritance Tax liability reflects a natural desire to help family and friends by passing on as much of your wealth as possible after death. Unfortunately with the average property in the UK now being valued at over £100,000, more and more people are now finding that their estates face a considerable IHT liability on their death. Billions of pounds are paid over to the Government in tax when simple use of trusts or ensuring a will is written in the correct format can ensure your savings pass on through the generations. If your total estate exceeds the IHT threshold of £242,000 and you have not already made your plans, we will be pleased to advise you on the options available.
Individual Savings Accounts (ISA's for short)
ISA's are the present Governments TAX FREE savings scheme, replacing Personal Equity Plans and Tessa Accounts. There is a bewildering choice of plan providers and plan types - hundreds in fact. Let us help you choose the right plan for your own particular circumstances. We will also review any existing ISA, PEP and TESSA plans you may have to ensure that they are performing against the competition. So whether you need a Mini Cash ISA, a Mini Equity ISA or a Maxi Equity ISA, contact us for the advice and guidance.
Private Medical Insurance
There are now around 20 major Private Medical Insurance providers in the UK offering an enormous range of plans from the most comprehensive cover to reduced benefit, budget schemes. Such Insurance is no longer the preserve of the rich and can be useful in terms of cutting out lengthy delays for certain procedures under the NHS system and is especially useful for individuals in business for themselves whether self employed or directors of their own companies. If you are a "business person" you may view such a plan a less of a luxury and more as a vital aid to your business. Remember that you probably insure your premises and your car, but what about the ability for the "business getter" (YOU) to obtain the business! We have access to all the major providers of Private Medical Insurance plans. So whether you need individual or family cover or group scheme cover for your employees, we will be able to help. We will also review any existing plans or schemes already in force and provide comparative illustrations.
Life Insurance
Protecting your dependants in the event of premature death should form a vital part of anyones financial plans. We have access to virtually every leading UK life insurance company so you can be sure that we can provide a quotation of the best plan to suit your circumstances and requirements. It is also possible to provide for "critical illness cover" within your life insurance plans so that the sum insured required can be paid out on DIAGNOSIS of certain major illness and medical conditions BEFORE death.
Income Protection Insurance
This insurance cover is designed to protect your income (employed or self employed) should you fall seriously sick or become disabled during your working life. We consider it a matter of great importance in having Income Protection Insurance to protect the very income upon which one's "lifestyle" and all future plans (presumably) depend. Indeed, there seems little point to me in buying things you have to insure (like houses, cars and so on) if you have not insured the very income that pays for them! Again, we have access to virtually every leading UK Income Proction plan provider so you can be sure that we can provide a quotation of the best plan to suit your circumstances and requirements.
If you would like any more information on any of the above please e-mail us at info@callawaysykesifa.co.uk