DipPFS Certs (MP & ER)
Independent Financial Adviser
Tyne & Wear
I am an independent adviser offering tailored financial planning for retirement, including pensions, tax and wealth preservation.
This starts by helping you understand what you want to achieve; calculating what is needed to achieve your goal; then creating a tailored plan to achieve the goal in the most efficient way. The aim is always to improve financial efficiency and security but also to give peace of mind that you will have the money they need, when you need it.
I Provide clients with a clear understanding of how the complex financial landscape for retirement relates to their particular circumstances and plans. This is delivered holistically to include other relevant major life events, pre and post retirement, that also require diligent advice and planning.
I specialise in the following advice services:
Business Protection Planning
The importance of business protection is often overlooked but is key to helping business owners plan for the unexpected.
Defined Benefit Transfer Specialist
If you have a Defined Benefit or Final Salary pension scheme, there may be individual circumstances where a pension transfer could be advantageous.
Equity Release
Equity release is a way for homeowners over the age of 55 to release value from their home in the form of cash without having to sell or move.
Investment & Wealth Management
Creating, growing, and then maintaining wealth is key to successful financial planning and should be part of a longer-term investment strategy.
Later Life & Estate Planning
We spend a lifetime building our wealth, so it’s important to find the most effective way to protect your assets, in order for you to pass them on to those you love as efficiently as possible.
Lifetime Financial Planning
Through the use of sophisticated cash flow modelling techniques and by applying various inflation, interest rate and growth assumption we can plan how to get you where you want to be. The use of cashflow modelling is becoming the cornerstone of effective lifetime planning.
Mortgage Planning
Securing the right mortgage can make the difference between a property that becomes a happy and secure family home and one that ends up as a financial burden.
Pension & Retirement Planning
When you think about the future, what does your retirement look like to you? An important question which we can help you answer.
Personal Protection
Talking about illness, disability or death is never an easy conversation to have but protecting against the unexpected will help with financial security and ensure your family can cope should the worst happen.
Wills & Power of Attorney
Making a Will is essential to ensuring that your wealth benefits those whom you choose and is not taken by taxation, unnecessary legal costs and beneficiaries chosen by the law.
Workplace Pensions
As an employer, you must auto-enrol certain staff into a workplace pension scheme and contribute towards it in order to meet legislative obligations.
Contact Richard Smith, your local adviser
We'll work with you to build a personal financial plan that's designed to help you achieve your individual ambitions.