Lifestyle Financial Consultancy Ltd

Tel: 01432276877
Lifestyle Financial Consultancy Ltd

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Lifestyle Financial Consultancy Ltd
Imperial Chambers
Widemarsh Street
Hereford, Herefordshire
United Kingdom

Tel: 01432276877
Fax: 01432275744

About Lifestyle Financial Consultancy Ltd

Lifestyle Financial Consultancy Ltd was set up in 2001, the team has over 20 years experience and undergo continuous professional development to keep fully abreast of new products and legislation. Our company has qualified as one of a small percentage of independent financial adviser companies nationally to achieve Corporate Chartered Status awarded by the Chartered Institute of Insurance & The Personal Finance Society.

Retirement Planning & Retirement Options

Sooner or later we’ll have to think about how we’ll manage when we retire. The State Pension probably won’t be enough to see us through retirement, but do you know what else there is to give you extra?

Pensions are designed to provide income in retirement, funds are built up by both regular and single contributions. The investment funds can be tailored to your attitude to risk, currently certain types of pensions such as SIPP's & SSAS's can own commercial property such as business premises.

The good news is, the earlier you start saving, the longer your money will have the potential to grow and in turn your retirement income will be what you hoped for. The key to pension planning is contributing the correct amount, reviewing your plans regularly and obtaining expert advice as to where to invest to maximise your returns.

Taxation & Trusts

Firstly the main types of taxation and how the use of financial products can reduce a tax liability, and

Secondly an explanation of Trusts, and how they can be used in financial planning.

These areas generally need a lot of planning and consideration, if you have any questions or want to look at different options regarding Inheritance Tax Planning, the Use of Trusts and Taxation issues.

Income Tax & Inheritance Tax levels, bases and reliefs from taxation may be subject to change.

The FSA do not regulate some forms of tax planning.

Investments & Savings

If you are considering saving or investing, but either are unsure what plans are suitable or what funds to invest in. We will provide you with advice and thorough research to find the most suitable plans for you and construct a tax efficient portfolio based on your attitude to risk.  


Deposits & Cash ISA's

Investment Bonds

Equity ISA's

Collectives Offshore Investments

Ethical Investments

Long Term Care

One in four of us are likely to need long term care at some stage in our lives and as we are an aging population the likelihood is that there will be even more of us needing some help with our care or will become carers for our loved ones.

What isn’t always so clear is just how much support the local authority and the NHS will offer us. It's only until the need is upon us or our families that we realise that with some planning the range of choices open to get the kind of later life care you want for yourself or a loved one.

Discussing this before you need to is always best. We are accredited through the Society of Later Life Advisers and we will guide you through your options and even the welfare benefits that you may be entitled to.

This is either as part of your financial planning in retirement or perhaps when an immediate need to arrange care arises.

Sometimes people do not realise that there are options regarding Long Term Care until the need is upon them or in some cases when the money to look at those choices available has run out.

Corporate Services

As a business owner apart from concentrating on what you do best there are other considerations which do not always seem to be a priority but are very important when protecting your business now and making sure you achieve your retirement goals or exit strategy. The following need to be considered for the following reasons:

National Employment Savings Trust

Directors Pensions

Keyperson Protection

Partner/Director Protection

Employee Pension Schemes & Personal Accounts 2012

Executive & Group Income Protection

Private Medical Plans

Commercial Property Purchase & Financing

Whether you are a new business seeking advice on the benefit options available for you and your employees including their taxation treatment. Or an established business seeking advice on the suitability and cost of your existing benefits or the suitability of the introduction of new ones.  

Your property may be repossessed if you do not keep up the repayments on your mortgage.

For mortgage advice you can choose how we are paid, pay a fee of usually 0.5% of the loan amount or we can accept commission from the lender.

Commercial finance is not regulated by the FSA or arranged by Sesame.

Equity Release

What is Equity Release?

Equity release plans – also called lifetime mortgages, home reversion or home income plans – are a way of releasing cash, whether to buy that new car, to pay for a holiday or home improvements, or simply to make daily life more comfortable. These schemes essentially allow you to borrow money against the value of your home, with the debt being repaid from the sale proceeds after your death.

How Equity Release Plans Work

While there are a range of different schemes offering lump sums and/or regular income, they all work on the same principle: they lend you a part of your home’s value in return for a share of the proceeds when you die.

In most cases you will need to be at least 60 years old, have no outstanding mortgage (or you will need to use the equity release money to pay down the existing loan), and own a property in reasonable condition.

Equity release plans can be complicated products and are a major step for many people. Your house is almost certainly the most expensive asset you own; it is also your home. Good advice is therefore vital.

Age Concern and the Financial Services Authority, the UK’s chief financial watchdog, both recommend getting independent financial advice before proceeding.

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