Planning for real life
Diagnosis first, followed by the right treatment. Sounds familiar?
No, we’re not teaching you how to do your job, simply explaining our approach to successful personal financial planning.
By understanding you and your personal circumstances, we can understand what you want from life, and help you achieve it. We’ll also help you ensure that as your earning power increases, you continue to make the most of your money.
To us it’s not about selling you products; it’s about looking at the quality of life you want and then making your finances help you achieve that. At the heart of all of our advice is the removal of unnecessary risk and the accumulation of wealth.
Our independence means we can research all existing products and the strong links between our experts means that nothing gets considered in isolation.
Here are just some of the areas our Financial Advisers can help with;
- Mortgages (Including Surgery Purchase)
- Income Protection (Incl. Locum Cover)
- Critical Illness Cover
- Life Assurance
- Investments / Savings
- Planning for Retirement / NHS Pensions (inc. Superannuation)
- Estate Planning
Mortgages
Finding the right mortgage for your home or surgery doesn’t have to be a major operation. We’ll do all the shopping around for you and select the right method of repayment too, ensuring you obtain the best deal to suit your needs.
If you’re using property for investment purposes, we’ll help you maximise your returns. And, if you want to invest in buy-to-let or second properties, we offer specialist advice in this complex area.
Where re-mortgaging could be a suitable way of saving money on your current repayments or enabling you to repay your mortgage earlier than anticipated, we’ll find the right deal for you and outline any costs. With this information you can make an informed decision.
If you are a non-UK resident doctor, we can find specialist tenders who understand your non-permanent residency status and will arrange your mortgage outside normal lending criteria.
Protection
All your future plans are probably reliant on the continuation of a steady income.
If you become ill and are unable to work, or if you die prematurely, your family needs to be protected financially, especially as the level of dependence on your earnings is likely to be high.
We believe that the foundations upon which all sound financial planning is based are income protection, critical illness protection and life assurance.
We will focus clearly on your particular circumstances, discuss the various forms of protection available, and using our in-depth knowledge of the potential ill health retirement benefits and NHS Sick pay benefits, help you find the best cover or mix of cover possible.
Investments / Savings
You work hard so why shouldn’t your money do the same?
Perhaps you want to buy a second home? Pay for a child’s education? Retire earlier than you originally planned?
Planning carefully and tax-efficiently will ensure that you get the best returns from your investments. Our experienced advisers will help you plan a portfolio that’s as individual as you are and best suit your needs.
Our aim is to help you invest your money (on a regular or single premium basis) in the most tax efficient manner for the correct period of time, with the correct risk/reward exposure and the correct asset allocation to suit your needs.
To do this we need to get to know you, your circumstances and your plans well and to establish what level of risk you are comfortable with, etc.
Ensuring any investments are as tax efficient as possible can be done via ISAs; the holding of certain investments in the lower rate tax-payer’s name or even crystallising losses to help lessen potential Capital Gains Tax.
And regular reviews of your investments mean that your portfolio is not too heavily weighted in any one area.
Planning for retirement / NHS Pensions
Even more time on the golf course? Or finally seeing the world? Well in advance of retirement we can offer you technically specific, tailored advice to make the transition from full time employment to retirement easier.
We are experts on the workings of the NHS Pension Scheme, the options available within it and the legislative changes which have, and will affect it. If you have other plans to complement your NHS Pension, we can offer advice on those too.
Estate Planning
Whilst nothing is certain except for death and taxes, the right planning can minimise or even dispense with your Inheritance Tax liability. We’ll also put you in touch with the right people to help you draw up a Will and keep it up to date with changing circumstances.
mailto:keith.taylor@r-m-t.co.uk&cc=marketing@r-m-t.co.uk&subject=Healthcare
