You Need Expert Advice For Planning Your Financial Status Long Term

By Author: Davenport Thomas
Total Articles: 3
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In the background of down-turned economy all over the European countries including UK, the individual financial planning strategies for the future have undergone a sea-change. Added to this, the present generation faces an extended life expectancy, far more than their predecessors, thanks to the medical facilities. All these put together, adds up to the individual responsibility of saving wealth for the future, especially old age, instead of relying upon the welfare schemes of Government.

Saving for the future is not a new phenomenon though. In every household, this subject is given due importance, to discuss among the family members and selecting the ways and means of saving for the future. But in the changed economic scenario and the uncertainties prevailing, you need to look up for third-party consultation and advice, to help you lay-out your financial planning intelligently. This is more so in the context of newer Rules and Regulations coming in respect of Financial Investments, Inheritance of Wealth from family, Housing Loans and Mortgages, Pension Schemes and Pension Annuities eligibility criteria etc.

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... age group you belong to, if you are an income-earning adult by whatever means, it is imperative that you have concrete plans for you financial activities. Be it making investment in Mutual Funds, applying for a Housing Mortgage loan, depositing money into Pension schemes or saving Inheritance tax to your family – you have intellectual help coming from Independent Financial Advisors. Just because you cannot have all the knowledge required about balancing your financial planning well, it is all the more wise to leave such things to the professionals.

See this efficient group of professionals does possess the requisite knowledge and up-to-date information about the financial planning activities of – Investment Advice, Mortgage Advice, Inheritance Tax Planning, Pension Advice and quantum and payment methodologies of Pension Annuities etc.

For example, it is reported in “The Telegraph” that almost half of Britons – 44% representing nearly 16 million adults – are not planning in the right-way for living off their Pension Annuities. This is revealed by an authentic Research among Brits. Similarly, if you do not plan well, when you are hale and healthy about your wealth, and blissfully ignorant to leave your wealth to your legal heirs after death, they will have to pay somewhere around 40% of it as Inheritance Tax to the Government. Certainly it will not be your intention to leave your kith and kin in the lurch after you go, to forfeit their due share of wealth unnecessarily like this.

All said and done, it is in your own interest you get expert advice from Independent Financial Advisors, for planning your financial status long term. You can get profitable Investment Advice, to park your buffer money and get back fabulous accumulations, when needed. Save unnecessary payment of interest, if you seek smart Mortgage Advice, while applying for housing loans. Enjoy comfortable standard of living from your Pension Annuities, if you get and follow suitable Pension Advice. And finally by foresight and getting the right Inheritance Tax Planning, you can save enormous tax being paid by your heirs.

Daven Port Thomas offer a fully comprehensive financial advice from well experienced Pension Advice and Pensions Advisory Service service to help with all your short, medium and long-term financial planning requirements.