Our customers...
Some of the 1,000+ local families and businesses we have helped over the last 20 years… Here they have their say…
Looking to consolidate their retirement planning as directors of their own limited company – LR/PR moved away from a transactional advice IFA practice to an ‘ongoing relationship’ with Kingsland. Following a Lifetime Cashflow study and review of goals, investments were simplified and consolidated more tax efficiently, together with on-line access – before, a planned withdrawal of capital to fund a successful relocation to the coast…
With their home on the market with a view to moving into a retirement apartment NW/CW were seeking an adviser to simplify their financial arrangements and make sure that they were doing the best for their family. Kingsland completed another Lifetime Cashflow looking specifically at lifetime gifts and IHT efficient investments. When NW passed away, we were there with continued support to CW – guiding her through ISA allowances, adjusting her IHT position and also providing advice to the next generation of the family…
Mr E had a number of existing pensions and had used his own understanding of the rules on pension contributions to make lump sum contributions in the past. Unfortunately, a misunderstanding of the rules had led to a potential significant overfunding position. Using our extensive pensions and Tax expertise, we were quickly able to identify the issue, urgently correct the payments in time – and save Mr E a very substantial tax charge!
PF/TF are successful business owners and had historically disregarded pensions, with the view that ‘the business WAS the pension’… Kingsland explained how pensions can be accessed and the impact on death benefits if they aren’t used during PF’s lifetime – together with the income tax relief available on contributions. As a result PF/TF decided to make a significant lump sum contribution, benefiting not only from a corporation tax saving – but also building a tax efficient fund for the future, that is separate to the business…
Mr and Mrs J are a young couple, like many we see – with a new baby, a mortgage – but no life insurance, and no protection against serious or long-term illness, where one of them may not be able to work… We helped them to understand the potential financial impact should this situation arise – and put in place secure plans to make sure their mortgage would be repaid and the healthy partner / survivor would be financially secure.
Mrs A was widowed shortly before retirement and found herself having to plan for the future without her husband – who had ‘always been the one who looked after the money…’ She came to us seeking advice and help on what to do with the assets she now had and how best to plan for her own retirement. With no previous experience or knowledge of such financial plans, we again helped Mrs A ( through our x4 C’s methodologies ) to guide her through understanding her financial position and take the necessary steps to take to secure her future. Our ongoing planning meetings now help to give her continuing confidence and ‘peace of mind’ for the future.
Mr and Mrs D have been KWM clients for a number of years, with planning focused on future retirement plans – including pension investments and the ultimate sale of a business. Our leading-edge ‘lifetime cashflow forecasting’ was used to help determine the minimum sale price that needed to be achieved for the business. Following the sale, we then modified the plan to give them peace of mind and financial security – keeping everything flexible and minimising taxes. Especially income tax and inheritance tax – ensuring that the long-term focus, is now on passing onto the next generation… And our regular planning meetings and updated cashflow forecasts keep everything on track for them!
Mrs M was sadly and suddenly widowed at a young age, with two small children. Luckily Mr M had previously done his financial planning well and had many robust arrangements in place – but Mrs M was still left to deal with many issues, that she had no prior experience of… At KWM our core team of female professionals stepped forward with our x4 C’s methodology to help guide her through what still needed to be done – meaning that, at least, money is one less thing to worry about, going forward…