Wealth, just like your health, must be carefully preserved. Your assets need to be protected against the potential threats of erosion by taxation, the effects of inflation and investment risks.
Whatever your level of wealth, there is nothing wrong in making the decision to prepare a risk aversion strategy. Risk aversion is a reasonable and prudent strategy for anyone who is sure that they already have ample assets to provide for themselves and their family into the future.
There are plenty of ways of preserving wealth in real terms, protecting against most of the uncertainties that may threaten it and allowing you to sleep at night, but the unidentified risks are a far greater threat to your wealth than tax. While tax may threaten a proportion of your wealth, poorly-identified risks can destroy it all.
Risk aversion starts with asking oneself a few questions such as:
A HELP TO BUY EQUITY LOAN IS A LOAN SECURED AGAINST YOUR HOME.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.
Who is the scheme designed for?
A Help to Buy: Equity Loan could be appropriate if you feel confident that you can successfully manage a mortgage, yet you are unable to find an affordable property, or you are having trouble finding the large deposit that so many lenders require today.
This notice sets out the basis on which any personal data we collect from you, or that you provide to us, will be processed by us. Please read the following carefully to understand our views and practices regarding your personal data and how we will treat it.
This privacy notice explains:
Who we are;
Your rights;
What personal information we collect;
How we use your personal information;
Who we share your information with and why;
How we keep your information secure;
How to manage your marketing consents; and
How to contact us.
In this document, “We” and “Us” and refers to Knight Parker Wealth Management LLP, Quilter Financial Planning and its subsidiary companies.
Who we are
At Knight Parker Wealth Management LLP we respect your privacy and the confidentiality of your personal information.
Knight Parker Wealth Management LLP is an appointed representative of Quilter Financial Services Limited and Quilter Mortgage Planning Limited
At Knight Parker Wealth Management LLP, we respect your privacy and the confidentiality of your personal information.
Who are we?
Knight Parker Wealth Management LLP is an appointed representative of Quilter Financial Services Limited and Quilter Mortgage Planning Limited who are part of the Quilter Group of companies.
For further details on the companies in our group, please click here.
At Positive Solutions we respect your privacy and the confidentiality of your personal information.
WHO ARE WE?
Positive Solutions is a trading style of Quilter Financial Planning Solutions Limited, which is authorised and regulated by the Financial Conduct Authority. Quilter Financial Planning Solutions Limited is part of Quilter Financial Planning, which is part of the Quilter Group of Companies.
For further details on the companies in our group, please visit.
This Privacy Notice explains:
Who we are
What personal information we collect
How we use your personal information
Who we share your information with and why
How we keep your information secure
Your rights
How to contact us
Positive Solutions provide financial planning solutions and advice through experienced and qualified advisers based in the UK.
This is cover that pays out on death. Some plans pay upon earlier confirmation of a terminal illness where the prognosis is death within 12 months. It can pay out as a lump sum, or as income for the remainder of the policy term.
Cover can last for a set term called Term Assurance, or can last throughout life, called Whole of Life.
The amount of cover can remain the same or increase / decrease annually. Level term assurance stays the same throughout. Decreasing cover is sometimes used to cover a reducing debt, such as a repayment mortgage and usually assumes a given interest rate. Provided your mortgage rates don’t exceed that rate, then the cover should reduce at around the same rate as the mortgage. The amount you pay is called the premium. It can either be guaranteed not to change, or it can be reviewable.
Reviewable cover normally changes based on the claims experience of the life assurance company.
The plan will cease at the end of the term. If premiums are not maintained, then cover will lapse.
There are events we can all face that have the potential to wreck lives and families. It’s a difficult issue to think about, but imagine the impact on you and your family should the main earner in your household die or become seriously ill. It may not happen to you – we hope it doesn’t – but it might.
While there is no insurance that can prevent these things from happening, you can protect yourself and your family financially by making money available, should something unexpected happen.
This money can be the difference between keeping and losing your home, and maintaining your family’s lifestyle.
Quilter Financial Planning 