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Pension & Advisory Services
Planning your wealth
www.rathbones.com
Charting a course to a clearer financial future
Rathbone Pension & Advisory Services
How can we help?
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Rathbone Pension & Advisory Services
Our focus at Rathbone Pension & Advisory Services is to help individuals and families develop a
clear plan for their financial future. Within this we aim to establish and subsequently achieve their short,
medium and long-term financial goals in a way that will give them peace of mind.
We thoroughly review a client’s current financial position and objectives for the future before
considering any possible routes forward. As one of the few chartered financial planning businesses in
the country, our professionals are experts in their fields, with considerable experience in areas such as:
pensions and retirement planning including the options available upon reaching retirement;•
mitigation of inheritance tax and effectively passing assets on to future generations;•
protecting individuals and their families in the event of a death or a critical illness;•
valuing and assessing pension entitlements, and the treatment of these in divorce settlements;•
protecting an individual’s business against any unforeseen circumstances that could potentially •
jeopardise both their business and their own financial position.
The most important thing to us is to add value to our clients’ financial future by understanding their
needs and building long-term relationships based on trust.
Julian PalmerManaging Director
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Rathbone Pension & Advisory Services
I have several different pension plans – what should I do?
Many people have a number of pension arrangements accumulated from different providers. These arrangements are invested in funds that may have been the right choice at the time but have not been reviewed recently.
If this sounds familiar the answer might be combining your pension investments into fewer “pots” or indeed one single arrangement, and perhaps have your investments managed by an investment professional alongside any other investments you have, such as ISAs.
This approach can also give you access to pension products that allow the full range of flexible retirement options offered by current legislation, which may not be available from older-style policies. We can look at all the options and advise whether consolidation of any or all your policies is right for you to help you achieve your retirement goals.
How should I manage my inheritance tax liabilities?
Individuals often dismiss inheritance tax as a tax that someone else will pay after their death or live in the hope that it will be changed for the better by a new government or a change in government policy.
In advising on taxation and the use of trusts we work very closely with the dedicated tax and trust teams at Rathbones.
The most important thing is to look at your total wealth and decide how much of it you actually need to retain in order to maintain your lifestyle.
There may then be ways of taking much of the remainder out of your estate for IHT purposes perfectly legitimately, such as gifting it. But the sooner you look at the options the better as these narrow significantly the older you get.
Our financial modelling techniques can help and there are a number of methods that can be employed to reduce your potential tax liability, including the use of life assurance and trusts, often on a very competitive and flexible basis.
Helping you solve your financial planning problems
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Rathbone Pension & Advisory Services
This is one of those questions that people are often afraid to ask but without a clear plan many people end up putting money into a pension on the basis of hoping for the best rather than a structured plan of investment to meet a particular goal.
How do I protect my wealth?
It is always easier to focus on just achieving your financial goals and dismissing the “what if?” scenario of something going wrong. But what if something did happen to you or your spouse? Would you and your family be able to maintain your lifestyle?
Life insurance has the reputation of being something that is sold not bought, but it can be invaluable in providing peace of mind and you may be surprised at how cost-effective it can be. We have the full range of planning tools available to make sure this peace of mind is achieved whilst being both affordable and, above all, relevant to you and your circumstances.
How do I generate an income from my pension fund?
You can start taking benefits from your pension plans as early as your 50th birthday (or 55 from 2010) which usually means the ability to access up to 25% of your pension fund as a tax free lump sum with the remainder used to provide an income. How to draw this income is a decision that will affect your income for the rest of your life.
Do you need an annuity and if so what kind? Should you take an income directly from your pension fund and at what level? The rules change again when you reach 75 so it is important to regularly review the position as further limits and restrictions are applied.
We can guide you through the options both for your pension fund(s) and any other sources of income you may potentially have to maximise your retirement income and minimise taxation and other costs.
How much do I need to save, to retire when I want?
We have a financial modelling process that allows us to look at a range of potential scenarios and allows you to plan accordingly. We find that once the facts are known, the fears many people have about whether they will be able to meet their retirement income expectations dissipate.
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Rathbone Pension & Advisory Services
Lee BurberryFinancial Planning Director
Lee Burberry has worked in the financial services industry since 1985 and advised on self-invested personal pensions since 1996. He has extensive experience, having previously worked for Sun Alliance and as a specialist pensions adviser and pensioneer trustee for D A Phillips & Co.
Nicholas Burt Financial Planning Director
Nick Burt joined Rathbone Pension & Advisory Services in 2008 from Pannone LLP. Nick established a wealth management department at Pannone, advising wealthy individuals on pensions, investments and other financial planning matters. Prior to this Nick worked for Deloitte Private Clients advising high net worth individuals.
Wayne CollardFinancial Planning Director
Wayne Collard joined Rathbone Pension & Advisory Services in 2008. He brings with him a wealth of mathematical and technical knowledge of the financial services industry. Having graduated in 1996 with an honours degree in mathematics, Wayne joined a local actuarial consultancy dealing extensively with high net worth clients.
James GladstoneFinancial Planning Director
James Gladstone is responsible for the provision of financial planning advice to clients including retirement planning, pensions and divorce, estate and tax planning, offshore investments and financial planning for small businesses and business owners. James was formerly with AXA Life, where he was responsible for the development of key IFA partners within the City of London.
Our teamDavid GoodingDirector
David Gooding has been advising wealthy individuals for many years on a wide range of financial planning matters, including self-invested pensions, pension transfers, retirement planning and inheritance tax mitigation. He formerly worked for Smith & Williamson where he was responsible for providing financial planning advice to private clients.
Julian PalmerManaging Director
Julian Palmer is responsible for managing and developing our financial planning and SIPP businesses. As well as advising wealthy clients, companies and professional partnerships, Julian has held a number of senior management roles in leading insurance and SIPP companies.
Ian Stewart Director
Ian Stewart is responsible for advising individuals, companies and professional partnerships on many aspects of financial planning, including pensions, inheritance tax and trusts. Prior to joining Rathbone Pension & Advisory Services, Ian established Collins Stewart’s pension consultancy business.
All our team are members of the Personal Finance Society and Chartered Insurance Institute.
In addition they are (or are working towards becoming) Chartered Financial Planners. Rathbone Pension & Advisory Services has Chartered status as a firm.
Contact us
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Rathbone Pension & Advisory Services has been awarded chartered financial planners status.
Rathbone Pension & Advisory Services Limited (Registered in England No.5679426)is authorised and regulated by the Financial Services Authority.Registered Office: 159 New Bond Street, London W1S 2UD. VAT Registration No.GB 241 6893 49
Head Office159 New Bond StreetLondon W1S 2UDTel 020 7399 0000
Temple Point1 Temple RowBirmingham B2 5LGTel 0121 233 2626
10 Queen SquareBristol BS1 4NTTel 0117 929 1919
West WingFreemasons HallBateman Street Cambridge CB2 1NATel 01223 345 370
5 North PallantChichesterWest SussexPO19 1TJTel 01243 775 373
Charlotte House2 South Charlotte StreetEdinburgh EH2 4AWTel 0131 247 8100
The SenateSouthernhay GardensExeter EX1 1UGTel 01392 201 000
The StablesLevens HallKendalCumbria LA8 0PBTel 01539 561 457
Port of Liverpool BuildingPier Head Liverpool L3 1NWTel 0151 236 6666
Fiennes House, 32 Southgate StreetWinchester Hampshire SO23 9EHTel 01962 857 000
Rathbone Pension & Advisory Services
If you would like to take advantage of our team’s expertise, an initial exploratory meeting is free of charge.
This meeting provides an opportunity for you to find out more about us and allows us to better understand your needs and requirements.
We can then discuss your financial objectives and outline the next stage of the process, including how we are remunerated.
To talk to one of the team or to organise a meeting please call 020 7399 0000 or email [email protected].
