Speak to a Saltus expert...
Please fill in your details to arrange a financial review with one of our financial planning or investment experts.
How it works:
- We will call you back to find out more about your aims and requirements
- We will arrange a meeting with one of our team at a convenient time, either over the phone, on video, at your home or workplace, or at one of our offices
- You will be able to ask any questions you have and find out more about managing your wealth with Saltus
- Your review will be at our cost and there is no obligation to work with us afterwards
Who we work with:
- Individuals with £250,000 or more in investable assets. This includes pensions, ISAs, other tax-wrappers and cash available for investment.
Your most important asset isn’t your house or your pension – it’s you.
You wouldn’t dream of not taking out home or car insurance, and you’d probably even feel fairly nervous if you didn’t purchase travel insurance for your holiday. When it comes to our most important asset though, the majority of us don’t protect it at all!
To illustrate how much you make over a lifetime: if we take the average UK annual earnings of £27,000 and increase this, in-line with inflation, across 50 years of work, this results in lifetime earnings of over £2.2 million. If you are earning closer to £50,000 or £60,000 a year, you will instead be approaching £5 million.
You are undoubtedly the most important asset you have.
Meet your financial needs and objectives…Speak to an expert
Why bother with life insurance?
Now, I’m sorry to get morbid here but we have to be realistic. Unfortunately, one in two people will now get cancer in their lifetime and, of those diagnosed, 64% will be under 75, so this is a really important consideration for your financial plan.
The Institute and Faculty of Actuaries’ carry out a continuous study into mortality and illness across the UK, which provides a rich source of information to draw conclusions from. When you consider the data, it should act as a significant reality check. Believe it or not, before reaching the age of retirement, a couple in their 30s have a:
- 59% chance that one of them will be off work for longer than two months due to an illness.
- A 27% chance of suffering a serious illness that could be long-term or debilitating.
- A 9% risk of one of them dying.
- A 67% chance of any one of those three things occurring. 67%!
Ensuring you have the right level of life insurance, income protection and critical illness in place for your circumstances is just as important as putting enough money in your pension.
Many people rarely consider whether a workplace death in service policy not only covers their mortgage but will also be enough to ultimately replace the earnings they would have contributed to the household. In addition, many don’t realise that their corporate income protection will often only cover a portion of their net income, usually 50-60%. So, how would they fund their pension if they were to get sick?
It’s really important to carefully consider your financial objectives and what the risks to these are. You can then look for the right combination of policies to ensure as little financial disruption as possible will be caused should one of these risks come to fruition.
You really are your most important asset and if it’s not you, it’s probably someone else in the family, so make sure to protect yourself over and above anything else.
All authors have considerable industry expertise and specific knowledge on any given topic. All pieces are reviewed by an additional qualified financial specialist to ensure objectivity and accuracy to the best of our ability. All reviewer’s qualifications are from leading industry bodies. Where possible we use primary sources to support our work. These can include white papers, government sources and data, original reports and interviews or articles from other industry experts. We also reference research from other reputable financial planning and investment management firms where appropriate.
Saltus Financial Planning Ltd is authorised and regulated by the Financial Conduct Authority. Information is correct to the best of our understanding as at the date of publication. Nothing within this content is intended as, or can be relied upon, as financial advice. Capital is at risk. You may get back less than you invested. Tax rules may change and the value of tax reliefs depends on your individual circumstances.
Find out more about our award-winning wealth management services…
Financial Advisory Firm of the Year
Client Relationships Award
Financial Services, Banking and Insurance Firm of the Year
Investment Performance Cautious Portfolios
Best Medium Firm
Investment Performance: Cautious Portfolios
Investment Performance: Balanced Portfolios
Financial Planning Firm of the Year: Small to Medium Firm
Financial planning can help you reach your goals in life, whether you want to determine when you can retire comfortably, bring organisation to your financial world or pass on your wealth effectively.
Pensions and retirement planning
Deciding when to retire is a challenging decision and can feel like a leap of faith. At Saltus, we gather information on all of your existing assets and then use our technology and expertise to show you exactly how to achieve the retirement you’re after.
Reducing your tax burden
How to structure your wealth and access income should be approached in a sophisticated way. A detailed financial plan may use pensions, ISAs, general investment accounts, offshore bonds and other tax wrappers to ensure you can draw your money in a tax-efficient manner.
Consolidating your wealth
Holding multiple investment accounts and pensions can mean they’re hard to keep track of and administer. We’ll help you overcome this by consolidating your accounts into a single plan so that you can understand your financial position with ease.
Protecting you and your assets
We protect our cars and houses without much thought yet you might be the most valuable asset in your family. Whatever your situation, we can provide advice to ensure you have the right level of insurance in place to keep your finances protected.
Passing on your wealth
Estate planning is more important than just having a Will. We’ll work closely with you to understand how estate planning, which has emotional as well as financial consequences, can impact your overall financial plan.
Significant life events
Significant life events can present great opportunities but also considerable challenges. Whether you are going through a business sale, divorce or are receiving a lump sum, we’ll help build a financial plan to meet your changing lifestyle.