Financial planning 

It's your future.Who do you want to be?

Do you know how much money you will need to maintain the lifestyle you want for the rest of your life? And do you know where that money is going to come from?

To achieve most things in life you need a plan – and gaining financial security is no different. Clarion Wealth Planning Limited’s advisors are expert financial planners who are able to combine their knowledge and experience with powerful technology to develop a comprehensive picture of where you are now and how your financial affairs ought to be managed in order for you to be confident of achieving your goals.

The first step in the process is to discover what your goals actually are based on the lifestyle you wish to achieve or maintain, your family circumstances and business interests, your hopes in terms of leaving an inheritance, and a wide variety of other factors.

Your values also play a key part – by understanding what really matters to you we can help you set realistic goals that match your priorities.

These goals must, of course, be realistically achievable. In order to test this, and to lay the foundation for the strategy that aims to get you to the place you want to be, we will take an in-depth look at your circumstances and develop an accurate statement of your net worth (effectively a personal balance sheet) and develop an insightful lifelong cashflow forecast that takes in all of your expected income and expenditure and applies a range of reasonable assumptions to demonstrate how much you can afford to spend over the rest of your life.

For many younger clients, planning for retirement is another key element of your financial plan. The rules governing pensions have undergone huge upheavals over the last 25 years – and there are no clear signs that the political tinkering is likely to stop any time soon.

We make it our business to keep up-to-date with regulatory changes as they happen, in order to give our clients the best possible advice on pensions. For clients who are approaching either the Inland Revenue’s lifetime limit on tax-relieved pension savings or annual limit on contributions, we are also able to provide expert advice on the various tax-efficient alternatives to an approved pension scheme.

For more information on pension saving please click here.

For many clients financial planning does not end with themselves – or even their spouses. We are able to provide comprehensive advice on your estate plans, including inheritance tax mitigation strategies, trusts and philanthropic legacies. To find out more please click here.

Tax planning is also a vital part of a comprehensive financial strategy. We are able to structure your investments to take maximum advantage of your allowances and also advise on the transfer of assets between, for instance, spouses in order to make the most of the tax reliefs available to both parties. This approach can also be used to make sure that as much income generated by assets as possible is paid to the spouse with the lowest marginal rate of taxation.

For further information on strategic tax planning please click here.

Your business interests will also form a key element of your financial plan. We have extensive experience advising entrepreneurs at all stages in the business ownership cycle. Our advice – particularly in terms of lifelong cashflow forecasting – plays a key role in their plans for exiting their business and their assessment of any deals that might be on the table.

To find out more about Clarion’s financial planning services please call our expert team free on 01565 653804 or send us an email.

Related Items

Enquire about becoming a client

Please click below for details of how to get in touch with Clarion and enquire about becoming a client.

Video - Becoming a Clarion client

Ron Walker, founder and managing director of Clarion, introduces the company and explains the services a new client can expect to receive.

Watch video

Investment management

Clarion is able to construct a portfolio tailored to your circumstances and manage it on a discretionary basis to respond quickly to market events.