Services
We offer appointments with highly trained financial advisers, who will be able to assist you with your financial requests/enquires/needs.
The service is designed to meet the needs of most clients and is completely holistic in its approach. Typically, it would involve an initial meeting to ascertain your circumstances, risk profile and objectives. Thereafter, we would fully appraise all existing contracts (including mortgage, protection, investments and pensions) to evaluate whether you are receiving good value for money. We would then make specific recommendations, addressing strengths and weaknesses and formulating strategies to meet your objectives.
Once we are acting for a client, we retain records for a minimum of seven years and it is our intention that the relationship will be long term. We will offer annual reviews but are also there to help whenever a client needs our advice. One of our main roles is as an on going interface between the client and the financial institutions and we are able to co-ordinate responses and offer holistic advice.
All clients automatically receive this service unless they have a written agreement for either our Premier or Premier Plus services.
We offer a wide range of advice on a wide range of products:
Investments
We are able to offer help and assistance to everyone, from the first time investor to the experienced investor. Based on your circumstances we can recommend an Investment Portfolio consisting of tax free Individual Savings Accounts, Open Ended Investments (Unit Trusts), Baby Bonds, Capital Investment Bonds and Investment Trusts. We will help you choose the level of risk which you take with your investment and this ranges from Cautious to Adventurous and spread over the 4 asset classes - Fixed Interest, Cash, Equities and Property.
There may be a fee for advice, the precise amount will depend on your circumstances.
Lifetime Mortgages
This includes a wide range of products whereby equity is released from the property and capital is not repaid until death. Whilst there are several attractions to this, there is no such thing as a free lunch and this should be considered having explored alternatives.
A lifetime mortgage invariably reduces the value of ones estate thus having a negative impact upon beneficiaries.
At Emery (IFA) Ltd we will help you explore the options and select the most suitable route forwards. We would encourage consultation with immediate family members and in the absence of this, solely act where independent legal advice has been obtained.
There may be a fee for advice, the precise amount will depend on your circumstances. The maximum this would ever be is 0.5% of the agreed mortgage advance. In cash terms a £100,000 mortgage would equate to a maximum fee of £500. We offer a range of commission and fee solutions to suit all client situations.
Advice on equity release may involve a lifetime mortgage or a home reversion plan. If so, to understand their features and risks, ask for a personalised illustration.
Inheritance Tax
Inheritance tax is payable on ones total estate on the balance in excess of £325,000 (2011/2012) at a rate of 40%. With proper planning it is possible to substantially mitigate this tax even for the very elderly. This is an area of particular expertise within the company and we have close links with professional practise with we work to devise a solution with which the client is most comfortable.
Retirement
Planning for your retirement need not be a daunting prospect with the right advice. We provide advice on Personal arrangements such as a Stakeholder Pension as well as Pension Transfers, Executive Pensions, Self Invested Pensions, Self Administered Plans, Annuities and Drawdown. We can provide advice on level of contribution you should be making to provide you with a reasonable income in retirement in addition advice on the probable State Pension you will receive. Fund choice is important when setting up a pension and you will be provided with all of the fund options to enable you to make an informed choice.
Protection
Term Assurance
Term Assurance is the cheapest form of life cover available. The various options available consist of Level Term, Decreasing Term or a Family Income Benefit.
Level Term
Level Term pays a guaranteed sum assured in the event of death during the term of the plan
Decreasing Term
Decreasing Term pays a reducing level of cover during the term of the cover. Ideal to support a Repayment Mortgage.
Family Income Benefit
Family Income Benefit cover to provide an annual benefit towards replacing a salary in the event of death during the term of the plan.
Whole of Life
Whole of Life provides cover for the whole of your life. There is no term attached to the plan it purely runs until your unfortunate death. Cover can be arranged on a single life or joint life basis, payable on either first or second death and is an ideal plan to help to mitigate Inheritance Tax, or provides for dependents
Critical Illness Cover
Cover to provide financial assistance in the event of the life assured being diagnosed as suffering from a critical illness. Sum assured will be payable even if client makes a full recovery and can be used to repay a mortgage or to provide financial support to convert your property in the event of disability.
Income Protection
Cover to provide an income in the event of long term accident or illness. Plans are arranged to commence paying a monthly benefit once the income from your employer ceases. Cover will continue until you are able to return to work or until your chosen retirement date, whichever is sooner. Ideal for the self employed as they receive no income from an employer if unable to work.
Mortgages
We are able to research the market to bring you the most competitive mortgage rates available. Our computer software will enable us to provide you with the most up to date interest rates together with current incentives. We offer a range of both Capital Repayment Mortgages and also Interest Only Mortgages together with the repayment options for your consideration. We can provide assistance regarding domestic mortgage, Buy To Let, Lifetime Mortgage, Offset Mortgages, Flexible Mortgages as well as the different interest rates options such as variable rates, discounted rates, fixed and capped rates.
We offer a range of commission and fee opions to suit all client situations. For our mortgage advice, we can be paid by commission or our usual fee of 0.5% of the loan amount.
Your home may be repossessed if you do not keep up repayments on your mortgage.
Private Medical Insurance
Being unwell can be a distressing experience. When you’re ill, it’s only natural that you’ll want to receive the best available treatment as soon as possible. Private Medical Insurance offers you access to a high standard of private medical care and treatment for eligible conditions. No waiting list. No delays. Just prompt access to private health and care from names that you can trust.
Offshore
What exactly is offshore investing? In the financial sense ‘offshore’ means a jurisdiction other that the one in which you live. Established offshore centres such as Jersey, Guernsey and the Isle of Man have laws which may offer financial benefits when you bank and invest with them. These laws currently range from virtually tax-free status (on all savings and investment income regardless of the residence of the investor) - to local exemptions for non-residents of that jurisdiction.
What are the benefits of investing offshore? If you’re living and working overseas, investing offshore may save you tax. All returns on offshore investment are currently paid without the deduction of tax. You may also be able to reduce you tax liability in your home country by transferring savings and investments to an offshore Bank. However, persons liable for UK tax should be aware that unless the returns are within an Offshore Bond the gains are declarable in each year as they occur. Failure to report these gains is a criminal offence. In addition to the tax savings, offshore banking offers confidentiality, security and global access and convenience.
Who can benefit from offshore investing? Anyone living and working overseas for at least one full tax year may be able to save tax by investing offshore.
So, if I have to pay taxes, what is the advantage of investing offshore? There are many other reasons to invest offshore, over and above the tax benefits. Besides providing a legitimate way to minimise you tax liability, other important reasons to consider investing and banking offshore include asset protection, estate planning, confidentiality and potentially good returns. (In the UK an investor has 100% protection on the first £30,000 invested and 90% protection on the next £20,000 only. Some offshore countries provide 100% investor protection regardless of the amount invested).
Buildings & Contents Insurance
We can arrange for competitive quotes from across the market place. When recommending Buildings and Contents cover, we usually select products from a selected panel of providers
Emery (IFA) Ltd is authorised and regulated by the Financial Services Authority.
The FSA do not regulate some forms of mortgages.
Emery (IFA) Ltd is entered on the FSA register (www.fsa.gov.uk/register) under reference 526134
The information contained within this website is intended for UK consumers only and is subject to the UK regulatory regime
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