Life Plan

Life Plan

Prepare your work outside; get everything ready for yourself in the field, and after that build your house.Tired of renting and wondering when you will be able to purchase that first home? Looking to invest in more properties but just do not know how to get started? If the answer to those questions is YES; then this service is just what you need.

Getting onto the property ladder has increasingly become a challenge for first time buyers and the folly of one’s youth with credit mistakes coupled with the difficulty in raising a deposit has put some huge stumbling blocks in the path of many. Stop dreaming about winning that windfall to get you into your new home and take steps on a guided map by looking at your budget and ensuring that you take responsibility of achieving your goals into your own hands.

With our expert advisers, take advantage of our Mortgage Planning Consultation which will ensure that you are aligned strategically to not only purchase that first property but to look carefully at your regular budget and find ways to right now to fund your financial future.

This £100 consultation will give you tailored information on the specific next steps that you need to take based on your circumstances to ensure that you are well positioned to apply for that mortgage when the time comes. When you know exactly what you need to get ready in terms of deposit and income details, you can set goals that align you with ensuring that you will be able to achieve your target at the set time.

– KING SOLOMON

Your options at retirement

Turning your pension into income is one of the biggest decisions you can make, and you have several options on what to do with your pension savings.

Almost £2.5 billion worth of payments were made to customers in the first three months since the new pension freedoms came in, according to the ABI statistics.

That’s equivalent to £27 million a day. ABI figures for April, May and June 2015 also showed £2.3bn had been used to buy nearly 37,500 regular income products, either pension annuities or income drawdown products.

The trend has continued.

The importance of accessing the right advice is vital, since there can be unexpected tax implications if the wrong decision is made.

Our helpful infographic outlines the main changes to personal pension freedoms from 6 April 2015.

With freedom comes great responsibility
For advice on all your options to make your money last a lifetime, book a free initial pension consultation with us now by completing the form below.

all Investment and Pension advice is carried out by Odyssey Wealth Management Ltd.

Helping you deal with auto-enrolment more easily
Whatever the size of your business, you will have to automatically enrol eligible workers into a qualifying pension scheme. If you don’t, you could have to pay substantial fines.

Auto enrolment for employers is a potentially large headache: you’ll need to provide a workplace pension scheme, make contributions for employees and more.

It is possible for organisations to set up their own scheme and run it with their payroll provider. But after speaking with payroll providers, local accountants and businesses we realised that most schemes were not set up in the best way for the organisation or their employees.

We’ve created two packages that are designed to help you comply with the new rules and offer incredible value for money:

Gold package for organisations with 10 or more employees or those who wanted to offer their staff a pension that they would understand and appreciate.

Purple package for smaller organisations that want to understand what it is you will need to do and the best way of doing it.

all Investment and Pension advice is carried out by Odyssey Wealth Management Ltd.

THE MEDIUM TO LONG GAME

If you always think, plan and live in the now and never invest in the future, the ups and downs of life will certainly hit you harder that they will those who have purposefully invested in their future. Investing for the medium to long term will give you a And whilst we strive to earn money to live, it is important to plan ahead to ensure that that money is placed and invested in a way that it has the opportunity to work for you whilst you live. Our investment and retirement proposition is just the thing that will ensure that you are able to enjoy a lifestyle where your money can be working for you in the future.

All Investment and Pension advice is carried out by Odyssey Wealth Management Ltd.

When it comes to the world of investments, the world can either be ‘your oyster’ or an added complication. Our aim here is to help steer you through all this clutter and work with you to put in place a robust investment strategy that meets your needs now and in the future.

Whether you are just starting out or have an accumulated portfolio, we have developed our ‘Scalable’ proposition which underpins our investment pedigree. If you are looking for a simple solution, as you are only starting to build up a fund; or are looking at building or preserving an existing portfolio, we are able to adapt and deliver our approach to meet your needs.

The ‘Scalable’ Proposition

At the heart of every solution we put in place, is a thoroughly researched investment proposition. By taking into account your needs and objectives, we are able to put in place a proposition that can be flexible as your changing needs.

This proposition involves having the ability to use different investment approaches or underlying investment segments and implementing them into a cohesive overall strategy. This puts your investments in the best possible risk weighted position moving forward.

Scalable…How it works.

When we make a recommendation on a client’s portfolio, we utilise a number of completely different investment philosophies. You may or not be familiar with the terms Active vs Passive Management.

‘Active’ management relies on the manager’s expertise to invest and deliver returns. This normally involves an additional cost for this expertise. The‘Passive’ approach is where a fund simply ‘follows’ a particular index such as the FTSE 100. This is an inexpensive way to get exposure to a particular market or asset class.

We take it a bit further still and overlay different investment approaches on top of the ‘Active’ and ‘Passive’ approaches. These include a:

  • ‘Quantitative Overlay’- by this we mean, we strip out human (fund manager) bias and rely purely on the data to make the asset allocation decisions for this element of the portfolio. This is achieved through the use of algorithms and a continual monitoring of the data inputs.
  • ‘Fund of Funds’ – this is where we use a number of different funds and managers to cover a specific asset class. The benefits of this include being able to dove tail specific themes within one asset class to maximise the risk / reward within it.
  • ‘Time’ –the timeline of your investments has a massive impact on the underlying risk of any investment. Some assets which would traditionally be considered ‘lower risk’ may over a short time frame have massive swings. For this reason, we have a ‘Time’ overlay on our solutions to once again ensure we get the correct risk allocation for your money.
  • ‘Regular Reviews’ – With all the above going on, it is important to continually monitor the portfolios to ensure the ongoing suitability of the investments. For this reason, we have regular reviews which are conducted on a quarterly basis. We keep you informed of what changes we are making and the reasoning behind each of them. As part of the ongoing service we also recommend a regular review to incorporate and adjust to any major changes to your circumstances.

We at LifePlan don’t belief there is an outright 100% best approach, as some methodologies will work better than others depending on the market conditions. Our goal is to align your portfolio to your risk and get the best returns for you.

The benefit of our Scalable proposition is that it can be implemented across different size portfolios.

For a smaller portfolio, we may recommend a solution which incorporates one element of the Scalable approach. As an example, this may be a portfolio mainly made up of the Passive element. This ensures costs are minimised by making use of cheaper index funds. Although only using one component of a bigger approach, this provides a solution underpinned by the same research that we apply to clients with larger portfolios.

For larger portfolios, we take our Scalable proposition a bit further. Within these portfolios, we apply a blended solution for clients, whereby we combine the different investment approaches under an overarching investment strategy. This way, we reduce the risk of rigidly following a single investment philosophy.

Call us today to have a no obligation chat with one of our advisers.

Always remember that investing has an element of risk. Investment returns (and the income from them) can fall as well as rise and you are not guaranteed to make a profit. Past performance is not an indication of future returns.

all Investment and Pension advice is carried out by Odyssey Wealth Management Ltd.

Saving for retirement
To get the most from your retirement it’s essential that you start planning for it as soon as possible, especially as life expectancy for a healthy man is 89 and for a woman is 91.

Born in the 1990s?
As you’ve just started your working life you got plenty of time to start saving for your retirement. Get into good habits now and start as you mean to go on.

Born in the 1980s?
As you turn 30 you need to think about your future. The sooner you start paying into a pension the better as you’re money will have to potential to grow for longer.

Born in the 1970s?
Although retirement may still seem a long way off you need to seriously consider your options such as combining small pensions or increasing your contributions.

Born in the 1960s?
If you aren’t paying into a pension then you may need to think about what retirement means to you. It’s not too late to start saving as any pension is better than no pension.

There are lots of ways to save for your future: pensions, ISAs and employer schemes. Whatever your personal situation, we’ll give you completely impartial pension planning advice. We’ll help you maximise your retirement income and advise you on the actions you need now to take so you get the retirement you dream of.

Start planning for your new life after retirement
To make your money last a lifetime, book a free initial pension consultation with us now by completing the form below.

all Investment and Pension advice is carried out by Odyssey Wealth Management Ltd.

LIFE PLAN

MORTGAGE ADVICE

PROTECTION

ESTATE PLANNING

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