Plan Later Years

What is needed is not simply a well qualified financial adviser but somebody who you feel you can rely upon to understand the plans you need to make for your retirement years and the complexities of the many decisions you may need to face.

These issues should not be faced alone. We recommend that you consider involving family members in our discussions; in fact we would prefer if you did.

Financial advice should take you to the stage where you can make clear and informed decisions, happy in the knowledge that you had all the information and choices you needed to reach the right decision for you.

Inheritance Tax Planning

Inheritance Tax (IHT) is due if your estate - including any assets held in trust and gifts made within seven years of death - is valued over the prevailing IHT threshold. The tax is payable at 40 per cent on the amount over this threshold however, careful planning can mitigate some or all of this potential liability. More »

Some of the possible solutions we can help you discuss are:


  • Annual exemptions
  • Potentially exempt transfers
  • Gifts out of Income
  • Gifts to children in full-time education
  • Gifts to charities
  • Interest Only mortgage
  • AIM stocks
  • Gift into a Trust
  • Whole of Life insurance policy, written in trust
  • Putting some of your existing polices in trust

Please note: IHT planning is not regulated by the Financial Services Authority


Equity Release

Equity Release is a term covering the various ways you can benefit from the value of your home without having to move out of it. These solutions are generally available to homeowners over the age of 60. More »

There are two main types of Equity Release scheme:

Lifetime mortgage which involves taking out a mortgage where there are usually no repayments. Instead, the interest is rolled up on a compound basis and added to the outstanding loan. You or your estate then receives the proceeds of the house sale, less the debt, once the property is sold.

Home Reversion plan involves selling al or part of the property, at a discount to its market value, in return for a tax free cash sum(s) whilst you retain the right to live in the property, rent free, for life. At the end of the plan, you or your estate will be entitled to a proportion of the net sale equivalent to the share in the property that has not previously been sold.

Choosing the most suitable scheme and the most suitable provider will depend upon many factors which is why specialist, independent advice is essential.

Please note: This is a lifetime or home reversion plan. To understand the features and risks please ask for a personalised illustration


Long Term Care

One in four of us are likely to need long term care at some stage in our lives and as we are an aging population the likelihood is that there will be even more of us needing some help with our care or will become carers for a family member. More »

What isn’t always so clear is just how much support the local authority and the NHS will offer us. It's only until the need is upon us or our families that we realise that planning is needed to understand the range of choices open to get the kind of care that is desired.

The State may provide some help towards the costs of this care (in your own home or in a care home) depending on your circumstances. The social services department will assess your care needs and your income and savings. If your income and savings are low the local authority will pay some or all of your long-term care costs. You may also qualify for Disability Living Allowance if you are under 65 or Attendance Allowance if you are over 65. Attendance Allowance cannot normally be paid if social services or the NHS are funding your care in a care home. Although social security benefits are the same throughout the UK, other help provided by local authorities varies.

There are many ways to help you cover the cost of care, including using savings, investments, property and different types of long-term care insurance.

Please note: LTC is not regulated by the Financial Services Authority

M&S Money webchat

Peter Chadborn was invited to contribute to guidance on family finances with M&S Money.
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Aegon’s retirement report

Peter Chadborn talks to the BBC about retirement planning in association with AEGON's Retirement Report

Peter Chadborn talks to the BBC about retirement planning in association with AEGON's Retirement Report.
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