Lyndhurst Financial Management Limited will be posting financial and mortgage news, product information, fund information and financial management tools and resources on our blog site. Please feel free to add our RSS feeds at the bottom of this page or comment.
By saving into a pension you’ve taken the first important steps towards a more comfortable retirement - and taken advantage of significant tax breaks that could help you enjoy the quality of life you deserve in the future.
When did you last take a look at your pension?
Can you be sure your pension is on course to provide the retirement you deserve?
Are your payments invested in the fund(s) that meet your investment needs and views?
Do you know you have more options at retirement than taking the annuity rate offered by your pensions provider?
The fact is, if you want your pension to support you as you expect in later life, you need to keep a keen eye on it now and give it a boost if necessary. That could mean topping up the amount you’re paying in, or simply checking that you’re happy with the choice of funds in which your money is being invested. You may be approaching retirement and want to make your pension savings work as hard as they can for you. This may mean sourcing the best annuity rates, but increasingly with annuity rates on the decline you may wish to seek advice to find out all your options including pension drawdown.
Should you require assistance in reviewing your pension requirements one of our consultants will be happy to assist you. Please complete our enquiry form.
Lyndhurst are pleased to announce that we have invested in technology powered by Trigold Crystal for our Website users to source mortgages online. You can now enter your criteria and see the current mortgage deals available to you. You can enquire for further details and one of our mortgage advisers will contact you. As always the initial telephone conversation or meeting is at our expense so you can find out the information you need prior to proceeding with any deal. This service is available on our mortgage pages, see the mortgages tab or www.lyndhurstfm.co.uk/mortgages/
Our adviser team recently sat in on a presentation from Prudential regarding their income choice annuity product. So often have we said clients need to be aware of their options at retirement and do not just “tick the box” when it comes to purchasing an annuity. There are many more flexible options available now including pension drawdown to age 75. This allows you to maintain control over your investment, offers flexible income options and your pension pot can be passed to a spouse or family upon death as cash (subject to tax charges) or an income.
The Prudential income choice annuity could be considered a cross breed of a traditional annuity and pension drawdown as it offers greater flexibility and control with minimum guarantees of income and a death benefit option.
I have attached documentation from Prudential explaining the annuity option in detail. If you are approaching retirement and require advice about your options please contact us on 0800 435648 or admin@lyndhurstfm.co.uk
Lyndhurst Financial Management Limited (Lyndhurst) a wholly-owned subsidiary of I-Financial Services Group PLC quoted on PLUS Markets, has joined Succession Advisory Services (Succession) as a member.
With offices in Barnet and Harpenden, Lyndhurst has 15 specialist advisers offering financial advice and mortgage advice to corporate and personal clients.
It represents 100m funds under advice.
Simon Chamberlain commented:“Lyndhurst is an extremely progressive firm.It has a strong management team and has already segmented its service to cater for the diverse and specialist needs of its clients.
Lyndhurst has ambitious plans to continue to grow its business - and Succession is delighted to be working with them to achieve their business objectives”.
Lyndhurst Managing Director Martin Corrie says:“Succession brings an additional layer of expertise to support the strategic development of our business as well as the hands-on implementation.We have already made great progress in preparing for the RDR and Succession’s support will accelerate this”.
Health Shield is a friendly society with over 130 years of health care provision. They provide a range of health cash plans to businesses large and small. The minimum group size is 5 members.
For as little as £0.75 per month week employee you could access benefits throughout the year and redeem 100% of your contribution and more! Take the scenario above, total contributions are £39 for the year, but you go to the dentist and have a filling, you can claim up to £50 cashback on submission of a valid receipt, but you also have an eye test as you are a VDU user, you can also claim up to £50 for this! There are many other cash back benefits such as up to £200 for an ECG or X-ray. Contact us for a full list of benefits.
If you would like more information about a Health Shield Cash Plan please contact us on admin@lyndhurstfm.co.uk
I recently read an article published by Aviva which proves a link between financial control and self esteem.
“Happiness, well-being and overall self esteem are influenced by our sense of financial control and not by what we earn, according to a study published today by Aviva.” You can read the full article here. http://www.aviva.com/media/news/7023/
However the reason I mention it is, Lyndhurst have launched a new service called Lyndhurst Money. This service is designed to put you back in control of your finances. It assists with spending analysis as well as managing longer term liabilities and investments, including ISA’s, Pensions, SIPPs, Onshore Bonds, Offshore Bonds, Unit Trusts and OEICS.
We are currently offering this service for FREE! Further information can be found on www.managemyinvestments.com
You may have seen the U.S. based service mint.com and wanted a UK version. Well we are pleased to now be accepting users for this service Lyndhurst Money - powered by moneyinfo. Contact us for more information or complete the Lyndhurst Money Enquiry Form
See all your banking, savings and credit cards in one place.
Analyse your spending habits
View your investment valuations with daily prices for ISA’s, Bonds, SIPPS, Pensions, OEICS and Unit Trusts
Check the value of your house against property indexes.
All securely with arguably less risk than looking at your online bank account. Minimal data is sstored and no transactions can take place making it safer to use.
Lyndhurst are pleased to welcome the first users of this new service and are keen to get further feedback from other new users. I have enclosed a link to a demo site for the service below which is much like the Lyndhurst Money service.
Have a look at the demo and if you would like to have this service for free and then please complete the enquiry form.
If you are an existing client we can upload your details to the service and you can benefit from the daily valuation service which is available for investments held on this platform.
