Jack Leather - Independent Financial Adviser

🔍 5 Key Financial Challenges I Can Help You Solve 🔍

Swipe through to discover how I can support your financial journey as an Independent Financial Adviser.

Was the budget as bad as anticipated? It’s certainly been one of the most talked-about budgets in a long time, with plenty of anxiety surrounding it—understandable given all the media speculation. I’d guess that most financial planners have been informing clients to hold steady and wait for the details to unfold.

In short, while there were lots of concerns prior, people with a robust financial plan and a trusted adviser should be well-prepared to move with the times and plan for the changes, particularly potential IHT on pensions.

For those who don’t yet have that support, now could be a good time to start.👍

Client Success Story: Pension Flexibility, Tax Saving & Lower Costs

A client recently came to me with concerns about an old pension scheme, which lacked flexibility and had uncertainties around death benefits. They were worried they’d need to draw out all of their funds to avoid any complications, potentially triggering a large tax bill.

🔄 Solution: We facilitated a pension transfer, giving them more control and flexibility while alive and ensuring that their funds can be passed on efficiently after death.

💰 Added Benefit: The new plan also has lower ongoing costs, saving them money each year in fees.

✅ Result: My client now has peace of mind, avoided a large tax bill, and is enjoying more flexibility / reduced ongoing fees in their new pension.

Really enjoyed my first Professionals Of Wigan (POW) networking event last week.

It was great to meet and chat with other professionals from the area.

Thanks to the organisers — I’m already looking forward to the next one! 🍻😄

How Pension Contributions Can Benefit Your Business?

💼 Business owners: Did you know that pension contributions could be a powerful tool in your tax planning strategy?

By contributing to your pension through your business, you can:

1. Reduce your tax liabilities by treating contributions as an allowable business expense.

2. Grow personal wealth for retirement without compromising your cash flow.

3. Ensure long-term financial stability for you and your family, even after you step away from the business.

📉 Ready to take advantage of these tax-efficient strategies? Let’s chat about how pension planning can benefit you and your business.

Why Do I Offer a Free Initial Consultation?

I’m often asked why our first consultation comes at no cost, and the answer is simple: how can I quote a fee before understanding your needs?

The initial meeting is all about getting to know you—your goals, your financial situation, and your unique circumstances. It’s a chance for us to discuss where you are and where you want to be. Only once we’ve had this conversation can I determine whether you actually need my help, and if so, how I can assist you in achieving your goals.

If I can’t help, I’ll be honest with you. But if I can, we’ll then discuss the best course of action and what the cost would be.

No pressure, no obligations—just an open conversation to see how we can work together.

Email; [email protected]
Phone; 07508 840 551

Had a fantastic day in London yesterday with the team at Octopus! 🐙

We kicked off with some insightful sessions covering key topics, starting with a discussion on potential tax changes in the upcoming budget.

We then dove deep into estate planning including; Wills, Powers of Attorney (POAs), Trusts and finally exploring how Business Property Relief (BPR) and AIM solutions can be integrated into estate planning strategies.

A day full of valuable insights and discussions—looking forward to putting these into practice!

🌟 Is Pension Consolidation Right for You? Some key things to consider! 🌟

🧾£7.5 billion left to a stranger by the UK population in 23/24?! 😮

In the financial year 2023/24, the UK saw a staggering £7.5 billion collected through inheritance tax (IHT). This significant figure serves as a crucial reminder of the importance of proactive inheritance tax planning. Would you leave a portion of your estate to a complete stranger? I highly doubt it, so why not protect it from inheritance tax?

While inheritance tax planning may not directly impact your day-to-day life, it can profoundly influence the financial future of your beneficiaries. Effective planning can ensure that a greater portion of your hard-earned assets is preserved for your loved ones, rather than being lost to taxation.

Don’t wait until it’s too late. Take action now to explore your inheritance tax planning options. Consult with a financial adviser to tailor a plan that aligns with your unique circumstances and ensures your beneficiaries reap the maximum benefits.

Graph source – Statista 2024

📉 Market Downturns Are Normal—Focus on Your Long-Term Goals 📈

The downturn in US markets earlier this week was unsettling for many, but it's important to remember that market fluctuations are a normal part of the investment journey. While the media often focus on the negative times (as with anything in the media unfortunately, positive doesn’t get you clicks!), these periods are just a small part of the bigger picture.

Cashing in during a downturn would only lock in your losses. Instead, stay calm, stick to your strategy, and focus on your objectives. History shows that those who stay the course through the ups and downs are the ones who come out ahead.

Patience and discipline are your best assets in investing.

https://www.bbc.co.uk/news/articles/c1d77xe2p26o

US stock markets rise after days of turmoil Shares in the US opened higher but markets in the UK and Europe stayed down after a cautious open.