WHAT WE OFFER
Our advisers have significant experience in a range of areas, and are able to provide bespoke specialist advice on everything from mortgages to pensions.
While there are many places to turn to for financial advice, an Independent Financial Adviser (IFA) is able to offer you unbiased advice on financial products across the entire market.
We know how time consuming it can be to establish exactly which mortgage is right for you. Our financial advisers can help you select the best mortgage available, and help with the paperwork that comes with it.
When it comes to more complicated financial matters such as investments or pensions, a financial adviser who knows the ins and outs can point you in the right direction.
SAVINGS & INVESTMENTS
There are many different types of savings and investments, each with different structures and tax implications. We can discuss your aims and objectives and recommend the most suitable ways to achieve your goals.
Taxation can be very complicated. The rules, reliefs and allowances often change, meaning it is important to stay on top of the current laws to ensure you're managing your finances in a tax-efficient way.
PENSIONS & RETIREMENT
As pension specialists, we can provide advice on areas of pensions which other advisers simply aren't qualified to advise in. We can help you decide how much you should be putting in your pension as well as ensuring that your pension contributions are tax efficient.
Unfortunately, estate planning is not just for the retired or the wealthy. We can help arrage your estate appropriately so that it is distributed in line with your wishes.
Equity release describes a range of products that allow you to release the cash tied up in your home without moving. Niche are regulated by the FCA to advise and sell equity release products.
Hopefully you will never need to make a claim against your insurance. However, if the time comes, you want to be absolutely sure that the insurance you have is right for you. Here at Niche, we can help decide what type and level of insurance is suitable based on your current situation.
LONG TERM CARE
Providing long term care can sometimes be a serious financial burden on those who need care and their relatives. We work closely with care providers and solicitors to provide specialist advice on care fees and funding long term care.
SERVICES TO OTHER IFAs
We are a firm of Chartered Financial Planners with a team of highly knowledgeable advice givers. With this in mind, we have the capacity to increase our business and look after a larger "bank" of clients without reducing the quality of our service.
Why do I need a will?
Your will lets you decide what happens to your money, property and possessions after your death, by assigning beneficiaries and guardians so that your money goes where you want and your children are looked after.
Can I write a will myself?
Yes you can, but we strongly recommend taking advice before you do, as simple mistakes could prove costly in the long run since your will could be challenged or disregarded altogether. A badly made will could also land your relatives with legal fees running into thousands of pounds – dwarfing the cheap fees charged by IFA’s/Solicitors to draw up the will correctly.
What happens if I do not have a will?
It is a common misconception that if you die intestate – in other words without making any will – then your closest relatives will decide how assets are split. This is not the case. There are rigid rules as to who inherits when you die without a will, and in some cases this will simply mean the Crown receives everything.
Likewise many unmarried couples, who have cohabited for years, may assume there is no need for a will as they are common law husband and wife. No such terms exist in estate law – and a partner can be disinherited by children, siblings, or even an uncle and aunt unless you have made adequate provision for them in a will.
If you don't have a spouse then your estate will be shared between your children. If there is no spouse and no children then the estate will go to the parents first, then any siblings, then grandparents, then uncles and aunts. If none of these relatives survive you and you haven't made a will, you entire estate will go to the Crown.
How can you help?
We at Niche have a lot of experience in writing Last Will and Testaments. If a client requires a new will to be written, we can usually take the instructions at the same time as completing the financial review, which for most people will add about 10 minutes to the overall meeting time.
Important - Will writing is NOT an FSA regulated activity