Lifestyle Priorities

In today’s ever-changing work environment, it pays to stay informed and plan ahead. Firstly, you can help secure your family’s financial future by putting your life insurance policy into a trust, which may help to reduce inheritance tax liabilities and could give you greater control over how the policy payout is distributed. Secondly, you may wish to consider if your earnings could be disrupted. Many people take out life cover but overlook critical illness cover, which can be just as important: not only could it ease the financial burden that can come with critical illness, it will also ensure your family is taken care of if you should become unable to. A professional adviser can help you to get the most of your money by assessing the level of risk you’re prepared to take, and by ensuring that you invest tax-efficiently. Putting a value on an advisers value’ is as subjective and unique as each individual investor. For some, the value of working with an adviser is peace of mind. For others, Vanguard found that working with an adviser can add around 3% in net returns.