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Tel: 02476 447100

Email: info@futureperfectfs.co.uk


Income Protection claims

Posted by siteadmin on Tuesday 18th of February 2020

You might believe you’d be more likely to call on your income protection policy later in your working life, but data from protection insurer, The Exeter, show their average claimant was 40, and on certain products, just 33.

Income protection is designed to pay an income if you're unable to work as a result of an accident, illness, or, with some policies, unemployment. The benefit usually kicks in after what's called a deferred period and can last until you're able to return to work or you retire.

Cover for physical, and non-physical condit...

The insurance policy that could prove critical

Posted by siteadmin on Tuesday 4th of February 2020

Some people might be put off buying a critical illness policy because they believe it’s unlikely to pay out, despite the proportion of claims paid by insurers standing at just over 92%.

So why is there such a gap between perception and reality among consumers?

There have been well-publicised stories in the past where a policyholder has had a claim refused because their circumstances didn’t meet the insurer’s terms and conditions. But in reality, the number of critical illness claims declined are actually a tiny minority compared to the tot...

What does Brexit mean for you?

Posted by siteadmin on Tuesday 4th of February 2020

It’s clearly been a long and rocky road getting to this stage with the process costing two Prime Ministers their jobs and dividing families the length and breadth of the country. However, since Boris Johnson won a landslide victory in December’s election with a mandate to ‘get Brexit done’, the UK has been heading inexorably towards the EU exit door.

The final hurdle in the 1,317-day Brexit saga was safely cleared when the European Parliament rubber-stamped the Withdrawal Agreement at a historic session on 29 January. And the UK is now set ...

The factors influencing your pension choices

Posted by siteadmin on Monday 27th of January 2020

Planning the best way to draw your pension savings is not straightforward, after all, there’s no ‘one size fits all’ when it comes to retirement.

Life expectancy, the impact of inflation and the choices available at retirement (thanks to the 2015 Pension Freedoms) are all influencing factors in your decision making. You’ll also need to take into account not just your pension savings but any other investments or assets you might have.

Your pension choices
If you’re aged 55 or over and in a defined contribution pension plan from 6 April 2015...

Coming to the end of your interest-free equity loan period

Posted by siteadmin on Tuesday 14th of January 2020

The government launched its Help to Buy equity loan in April 2013 and since then 210,964 properties have been bought under the scheme.

First-time buyers and people moving to a new-build home worth up to £600,000 have benefited from the scheme, which provides an equity loan of up to 20% of the cost of the property interest free for the first five years. But what happens when you come to the end of the interest-free period?

Continue paying
If you haven’t paid your equity loan off by the end of the five-years, you’ll be charged 1.75% interest...

Practical ideas for downsizers

Posted by siteadmin on Monday 2nd of December 2019

Getting fed up of everyone coming around to yours for Christmas?

Or are you rattling round a large house because your kids have grown up and flown the nest?

Or perhaps you’ve found a lovely little property in a part of the country you’ve always wanted to live?

Whatever your reason for downsizing we’ve got some practical steps to help you make the most of the move...

Measure up

Whether you’re moving into a two-bed bungalow or a one-bed flat, you’ll still need to know how much less space you’ll have in your new home so that you can take y...

Considerations for First Time Buyers

Posted by siteadmin on Monday 25th of November 2019

Being a first-time buyer can be daunting. Not only are you about to make one of the biggest financial decisions in your life, but you’ll probably also have family members and friends offering their ideas on the right house, mortgage, lender conveyancer and even removal company for you.

We’ve put together some ideas to try and take away some of the stress and confusion and give you confidence to move through the home buying process as smoothly as possible.

Get the right advice
Of course we’re going to say that - it’s what we do! We’ll revie...

How will changing working patterns affect your pension?

Posted by siteadmin on Monday 11th of November 2019

The sooner you start saving, the healthier your pension pot is likely to be when you need to draw on it.

But what happens to your pension planning if your working hours reduce, or stop?

First things first

If you join a company you may be enrolled into their workplace pension scheme which, in most cases, your employer will also pay into. The self-employed, on the other hand, should set up a personal pension, which come in the form of a basic personal pension, stakeholder pension, or Self Invested Personal Pension (SIPP).

Workplace pension...

Investing for the next generation

Posted by siteadmin on Monday 4th of November 2019

In the early years this might translate into a surplus of toys or days out, but this stage eventually passes, and thoughts turn towards the future transition from child to adulthood and beyond.

This longer-term perspective raises the question of how best to provide financial support through, what could be an expensive transition and inevitably this leads to a variety of issues:

  • Are there particular needs which should be targeted or is it more important to have money available as and when your child needs it?
  • Which investments would be a...

Take Control of your investments

Posted by siteadmin on Monday 28th of October 2019

Getting a clear, concise view of your investment portfolio can be difficult and time-consuming. That’s why we use a secure, online system known as a platform.

A platform gives you secure, online access to your investment funds with a transparent, easy -to-understand charging structure. So rather than holding your ISAs, pensions and other investments in different places, you can view everything at a single glance.

Think of it as an online bank account for your investments which we can administer on your behalf.

A clear picture
As well as c...