Savings & Investments

Whether saving to build up capital for the future, or having already acquired wealth our advice is based on achieving competitive returns with maximum tax efficiency.

Using average earnings of £35,828* – over a 40-year period we’ll earn 1.4 million pounds – £1,433,120 to be exact! 

Hopefully we’ll have enjoyed a full & rewarding life, but how much of this fortune will we have access to in future savings and investments?

We specialise in managing wealth and whether you’re saving on a regular basis to build up capital for the future or have capital to invest, our advice is based on maximising returns in the most tax efficient ways.

Planning starts by:

• Having access to an ‘emergency fund’ – money set aside for those ‘rainy’ days.
• The repayment of any debts (particularly those incurring high interest charges).
• We’ll seek out investment opportunities (with one obvious objective to out-perform deposit-based savings).
• And then we’ll look to take advantage of the annual tax reliefs and allowances available to support your plans.

*Government, Office for National Statistics (ONS), September 2024 – National Average Earnings

 

Capital Investment

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Having acquired wealth, in addition to achieving growth and tax efficiency, we understand your further priorities could include:

• Enjoying this money and spending some of it!
• Balancing the potential risks with intended rewards.
• Using proven strategies such as ‘diversification’ to reduce risks and volatility.
• Taking full advantage of tax planning and mitigation strategies.
• Generational wealth and estate planning.

Our advisers have a wealth of experience in the creation and delivery of investment plans.

Seeking growth, or income . . tax efficiency . . better returns?  As financial planners, this is what we do . . .

 

Financial Planning

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When asking “Why chose Chester Partnership?” you would expect us to include in our answer – “Because we’re different!” and we’d go on to explain this is based on two key elements that underpin how we think and how we act.

Firstly, we understand the difference between financial advice and financial planning.  Financial advice is based on a very narrow view of your circumstances often resulting in the recommendation of financial products designed to address specific needs and objectives. 

Financial planning develops this further by taking a much wider view of your overall circumstances, exploring what you want to achieve in the future and balancing the risks and rewards that could be experienced along the way.  Financial planning puts you, the client at the heart of all we do.

Whilst there are occasions when straightforward financial advice is entirely appropriate, what makes us different is understanding the difference between the two and when each approach should be applied.

We’re about people and their plans, not products and percentages, we’d be delighted to hear from you . . .

 

On-Going Service

Understanding your requirements for ‘on-going service’ is another key element of the retirement planning process and will change as you progress through the different stages of your life.

Our introductory, ‘Creation’ service may be appropriate at the earliest stages of creating a pension and / or investment portfolio.  Often your priorities will relate more so on initial career moves, buying a home and having appropriate personal and family protection.  Creation involves an annual planning meeting focused on these needs and objectives together with pension portfolio updates and further funding opportunities.

As you continue to build wealth, our ‘Progression’ service may become appropriate when we‘ll focus on the pensions (and other investments) being managed by Chester Partnership. Again this service is based on an annual, forward looking update meeting when we enhance the earlier Creation type service with a greater emphasis on setting objectives together with milestone events and the correction of any identified shortfalls in the plan (whilst there is still time to make a difference!).

The ‘Realisation’ service is appropriate when you’ve created a pension and investment portfolio that can reasonably be considered to be ‘significant’.  Such wealth brings greater choice and flexibility.  There will be a wider range of tax considerations.  And inter-generational planning is often involved. We’ll consider the use of cashflow modelling to create highly developed plans to ensure capital and / or income is available at set milestone events.  .  We’ll do more work collaboratively with your other professional advisers and where appropriate, with our specialist colleagues.

As ever, our on-going services have been designed with you in mind and we can tailor the level of service to suit your current life stage.

 

Please be aware:

The value of pensions and investments and the income they produce can fall as well as rise. You may get back less than you invested.

Tax treatment varies according to individual circumstances and is subject to change.

Estate planning is not regulated by the Financial Conduct Authority.

Transferring out of a Final Salary scheme is unlikely to be in the best interests of most people.

Will Writing, Trusts & Divorce Planning are not regulated by the Financial Conduct Authority.

Inheritance Tax planning is not regulated by the Financial Conduct Authority

Will writing is not part of the Quilter Financial Planning offering and is offered in our own right. Quilter Financial Planning accept no responsibility for this aspect of our business.