Askaig Newington - Financial Planning

Planning for individuals and families

Financial planning lays out a comprehensive view of your current and future finances, by considering your short-, medium-, and long-term financial goals.

A comprehensive financial plan from Askaig Newington will review the six key areas of financial planning, giving you clarity over your current situation, and laying out the steps required to achieve your goals.

Retirement Planning

Retirement is one of the major milestones in life, and amassing the assets and income streams needed to support your standard of living in retirement is extremely important.

Our financial planners will help you understand your current provision, and identify the steps to take to ensure you remain on track.

Savings & Investment Planning

Whether you're seeking income or long-term capital growth, it's important to ensure that your savings and investments are structured in a tax-efficient way, and that your exposure to risk is both controlled, and suitable for your objectives.

Our planners will work with you to ensure your savings and investments meet your needs.

Risk & Protection Planning

Protecting your family's financial future is a critical element of financial planning. It can be the difference between a comfortable life for your loved ones, and living in drastically reduced circumstances.

Our planners will assess how premature death, critical illness, and long-term illness may affect your financial planning goals.

Tax Planning

For most individuals, tax is likely to be your greatest lifetime expense. Controlling your exposure to tax is one of the most important aspects of a successful financial plan, and can drastically increase your lifetime investment returns.

Our planners will help to ensure that your finances are structured for a tax-efficient outcome.

Estate Planning

A robust financial plan will allow you to understand, and potentially mitigate, the inheritance tax liability that will fall on your family after your death.

Our financial planners will identify what measures may be available to reduce your IHT bill by using the reliefs and allowances at your disposal.

Mortgage Planning

When creating a lifetime financial plan, it's important to understand the extent of your mortgage and other liabilities, and when and how these will be repaid

Working in collaboration with our mortgage advisers, your financial planner will assess your situation and help to ensure your debt is structured efficiently.

All information It is based upon our current understanding of current legislation and HMRC guidance. While we believe this interpretation to be correct, it cannot be guaranteed that such information is accurate as of the date it is received or that it will continue to be accurate in the future. Thresholds, percentage rates and tax legislation may change in Finance Acts and bases of, and reliefs from, taxation are subject to change and their value depends on an individual’s personal circumstances.

The Financial Conduct Authority does not regulate Tax Advice.

A pension is a long-term investment not normally accessible until 55 (57 from April 2028).

Investments carry risk. The value of your investments (and income from them) can go down as well as up, and you may get back less than you invested. Past performance is not a reliable indicator of future results. Investments should be considered over the longer term and should fit in with your overall attitude to risk and financial circumstances.

Life Assurance plans typically have no cash in value at any time and cover will cease at the end of term. If premiums stop, then cover will lapse. You should review the level of cover required on a regular basis to ensure that it keeps in line with your earnings, otherwise, cover may be less than you need. If any relevant information provided, when applying, is not disclosed accurately and honestly, this could result in any cover offered becoming invalid and / or may result in the non-payment of any future claims.