Our Services
At Trigpoint Financial Planning, we are dedicated to helping our clients achieve their financial goals. Whether you are planning for retirement, managing your wealth, or seeking tax-efficient investing options, we are here to provide personalised and comprehensive financial planning services tailored to your needs.
Cash Flow Planning
Personal cash flow planning involves tracking your income and expenses to ensure you are in control of your finances and can manage your money effectively.
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It helps you to clearly understand where your money comes from, where it goes, and demonstrates how the choices you make effect your ability to meet your financial goals. It also illustrates how more efficient allocation can improve your position.
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Through experience we have found that most clients find it helpful to see a visual representation of how their cash flow will be working, which is why we use graphs like the example below to talk you through what you can expect.
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The graph shown is for illustrative purposes only.
Why is Cash Flow Planning Important?
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Financial Stability: Ensures you have enough money to cover your expenses and avoid debt.
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Goal Achievement: Helps you save for major life goals such as buying a house or retirement.
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Emergency Fund: Ensures you have a financial cushion for unexpected expenses.
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Reduced Stress: Knowing you have control over your finances reduces money-related stress and anxiety.
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By understanding and managing your cash flow, you can gain clarity and understanding over your financial situation. Through this process you are able to take control of your future and recognise the choices available to you.
With greater financial stability you are more likely to reach your goals and enjoy peace of mind.
Start today by assessing your current financial situation, setting goals, and creating a plan that works for you.
Financial Investment Advice
Investing is a powerful tool for growing your wealth and achieving financial objectives. Whether you're saving for retirement, a major purchase, or just looking to increase your financial security, investing wisely is crucial.
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Diversification
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By spreading investments across various assets, sectors, and geographies, we can create a balanced and resilient portfolio.
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​The chart shown is for illustrative purposes only.
Attitude to risk and time horizon​
When it comes to investing, two critical factors that significantly influence your investment strategy are your attitude to risk and your investment time horizon.
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Attitude to risk is influenced by various factors, including your financial situation, investment goals, and psychological comfort with uncertainty.
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Your investment time horizon is the length of time you expect to hold an investment before needing to access the funds.
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Understanding these factors can help us create a portfolio that aligns with your financial goals and personal comfort levels. Regular reviews and adjustments to the strategy help to ensure your investments continue to align with your changing financial situation and market conditions.​
Tax Efficient Investing and Estate Planning
Tax-efficient investing and estate planning are essential strategies for maximising your wealth and ensuring your assets are managed and transferred according to your wishes.
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Examples of services we provide to clients include:
Utilise Tax-Advantaged Accounts
​​Individual Savings Accounts (ISAs):
Contributions up to the annual limit are exempt from income tax and capital gains tax.
Options include:
Cash ISAs, Stocks and Shares ISAs, and Lifetime ISAs.
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Pensions:
Contributions to personal or workplace pensions receive tax relief, and investment growth within the pension is tax-free.
Inheritance Tax Planning
​​​Gifts and Transfers:
​​Make use of annual gift allowances and potentially exempt transfers (PETs) to reduce the size of your taxable estate.
Charitable Contributions
​​​Gift Aid
​​​Donations to registered charities can be made tax-efficiently through Gift Aid, allowing charities to claim back tax on donations.
Pensions and Retirement Planning
​For most people planning for retirement is fundamental to ensure a comfortable and financially secure future. Understanding the different types of pensions, and the tax relief available, helps us advise you how to effectively plan for this stage of life.
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We have longstanding expertise in advising you in a wide range of pension and retirement planning.
Comprehensive Retirement Planning
We provide tailored retirement plans based on your individual circumstances, financial goals, and risk tolerance.
Key services include:
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Initial Assessment: Evaluating your current financial situation, including income, expenses, assets, liabilities, and existing pension arrangements.
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Goal Setting: Helping you define your retirement goals, such as desired retirement age, lifestyle, and anticipated expenses.
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Strategy Development: Creating a detailed plan to achieve your retirement goals, including savings targets, investment strategies, and risk management.
Pension Planning and Management
We also offer expert advice on various pension schemes and help you manage your pension funds effectively:
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Pension Scheme Selection: Advising on the most suitable pension schemes, including personal pensions, workplace pensions, and self-invested personal pensions (SIPPs).
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Contribution Strategies: Recommending optimal contribution levels to maximise tax relief and employer contributions.
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Consolidation: Assisting with the consolidation of multiple pension pots to simplify management and reduce fees.
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Pension Transfers: Evaluating the benefits and risks of transferring pensions.
Income Planning
We develop a strategy for drawing income from your pension and other retirement assets:
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Withdrawal Strategies: Creating a sustainable withdrawal plan to ensure your retirement savings last throughout your lifetime.
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Annuities and Drawdown: Advising on the use of annuities and income drawdown options to provide a steady income stream.
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Tax Planning: Structuring withdrawals to minimise income tax and utilise tax-free allowances effectively.
Estate Planning
We help you keep track of important information, so you can have peace of mind your loved ones are looked after:
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Beneficiary Designations: Ensuring that pension and life insurance beneficiary designations are up-to-date and aligned with your estate plan.
Regular Reviews and Adjustments
We provide ongoing support to keep your retirement plan on track:
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Annual Reviews: Conducting regular reviews of your retirement plan to assess progress and make necessary adjustments.
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Market and Policy Updates: Keeping you informed of changes in market conditions, tax laws, and pension regulations that may impact your retirement strategy.
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Life Changes: Adapting your retirement plan to reflect significant life events, such as marriage, divorce, health changes, or inheritance
By understanding the various pension options, starting early, maximising contributions, and making informed investment choices, we can help you to build a fund sufficient to sustain your desired income in retirement.
