As we step into February 2024, with the beginning of a new financial year fast approaching on April 6, there has never been a better time to re-evaluate your plans.
While many financial vehicles, like investments, are designed with a long-term goal in mind, it is crucial that plans are reassessed in line with current financial markets, changes to legislation and personal circumstances. With an understanding of their original intentions, wealth managers can review plans and make sure they are still on course, adjusting them when necessary.
Have your financial affairs changed?
From rising house values impacting which side of the nil band rate you fall under for inheritance tax, to the cost-of-living crisis driving a need for higher retirement incomes, recent economic trends can have a powerful impact on your plans.
However, changes in your personal situation can also have an effect. For instance, you might have delayed your retirement to generate more savings or changed job roles and be able to access more capital. A holistic financial advisor in Chester, Birmingham or other city can offer advice and assistance in a full spectrum of financial areas, from retirement and estate planning to protective policies and investment portfolios.
A second opinion on your financial plans
At Hartey Wealth Management, we provide a “Second Opinion Service” for new and existing clients.
A unique concept, it offers an impartial and expert review of your current plans and products as well as advice on the steps you can take to stay on track to fulfil your financial needs and ambitions. Get in touch today to find out more.
