We Offer Private Client Services

Private Client Services

D2 Financial Services provides independent financial advice tailored to your individual needs and objectives to allow you to achieve your goals.

Any advice is based on an understanding of your circumstances, investment objectives, concerns, and plans for the future.

It is important to remember, needs and goals can change over time and with key life events such as retirement, changing jobs or a change to your personal circumstances, all of which will affect the health of your finances. We will review your arrangements regularly to make sure your investment strategy and advice service is always in line with your needs.

We provide advice in all areas of financial planning including pensions, investments, life cover, health insurance and tax planning.

Specialist Defined Benefit Pension Transfer Advice

The past few years have brought with them many changes in pension legislation, particularly in terms of how you are able to access income from your pension.

This pension freedom has opened up many different options to more people, particularly as they approach retirement, and seeking financial advice at this time has never been more important.

The option to give you more control over how and when you take money from your pension might seem like attractive. However, if you are in a private sector defined benefit pension scheme or a funded public sector scheme, sometimes known as a final salary scheme, you will have guaranteed pension benefits which are likely to offer you more security in retirement, compared to flexibly accessing benefits from a pension fund under your control.

Before taking any benefits from your pension you need to be clear about the consequences of any actions you take, particularly if you are considering a transfer out of a secure defined benefit pension scheme, as a transfer could mean you are worse off in the longer term.

Obtaining good quality financial advice on such an important matter is vital. At D2 Financial Solutions we have experienced Pension Transfer Specialists who have many years experience and are qualified to provide financial advice in this complex area of financial planning.

We will work with you to ensure that you are fully informed, comparing the relative merits of your existing defined benefit scheme compared to a personal pension arrangement. We will assess your overall financial position, discuss your goals and provide you with advice as to the most appropriate outcome based on your circumstances and objectives and, where appropriate, recommend a suitable investment strategy tailored to your attitude to risk.

Once you have engaged with D2 Financial Solutions for pension advice, any recommendation will be confirmed to you in writing, once we have completed our analysis.

We will discuss our recommendations with you and explain the outcome and reasoning behind this.

If a transfer of your defined benefit pension is recommended, only when you are completely satisfied with the advice and comfortable with the risks involved, will we proceed with any application process.

We will always offer a regular review service for any pension transfer to ensure our advice remains appropriate both now and in the future.

Pensions – Saving for Retirement

Planning for retirement can appear a daunting task with so many options available. However, it is fair to say that pensions remain one of the most tax-efficient methods of saving for later years.

Our advice is based upon a thorough understanding of your current financial situation coupled with your ambitions and retirement goals.

We will guide you through the planning process and deliver an easy to understand, affordable solution which we will regularly review with you to ensure you remain on track for the retirement you aspire to.

D2 can offer support to pensions clients in the following areas of pension planning:

  • SIPP
  • SSAS
  • Personal Pension
  • Group Personal Pension
  • Occupational Pension Scheme

Pensions – Income when you Retire

You’ve worked and saved hard and can now look forward to enjoying the fruits or your labour but how do you make sure you’re making the right choices at retirement?

There are various options available to you when it comes to accessing your benefits, whether this be buying an annuity income for life, accessing your pension fund directly via income drawdown or how best to arrange your income from a tax planning point of view.

We will guide you through the various options available to you and work with you to design a retirement plan tailored to your needs; from searching the whole of market for the best rates to more complex drawdown advice, we will work with you to get the best value from your pension funds.

Investments

In the current low interest rate environment, getting a real return on your money means taking a medium to longer term view.

If you plan to access your money in the next 5 years, then a cash deposit-based account is likely to be the best home for this money.

However, if your saving horizon is beyond 5 years the impact of inflation over the years will reduce the buying power of your savings in real terms. You may wish to explore alternative investment options, perhaps consider investing in real assets such as the stock market or commercial property.

This does not come without risk, however, and before making any investments you should always take financial advice to ensure any investment is suitable and appropriate to your own specific needs and attitude to risk. This type of investment can go down as well as up and is not suitable for everyone.

If you would like to explore the opportunity to make a real return on your investment capital, please do get in touch.

Tax Planning

Morgan Stanley: "You must pay taxes. But there's no law that says you gotta leave a tip."

Tax planning is a complex area covering a number of different tax regimes. However, the good news is there are ways of legally mitigating tax from simply making use of your annual ISA allowance to more complex Inheritance Tax strategies.

If you would like to discuss your own situation to explore the opportunities that exist to reduce your tax liability, please do get in touch.

Protection

Protecting both yourself and your family is high on the list of most people’s priorities and, at D2 Financial Solutions we can provide advice on the following areas:

  • Life Cover
  • Critical Illness Cover
  • Income Protection
  • Private Medical Insurance

Life Cover

"You can’t put a value on a human life, but my wife’s life insurance company made a pretty fair offer." Unknown Author

Life insurance is there to protect those you value. Whether you want to ensure your mortgage is repaid, provide an income for your family on your death, or prefund a future inheritance tax bill we can make sure you get the best possible cover at a competitive price.

As independent financial advisors we scour the market for the best rates on the most appropriate type of cover to suit your specific needs.

Critical Illness Cover

Advances in medical science mean that many previously fatal illnesses are now curable. Great news, except treatment and rehabilitation can often mean being unable to work for an extended period of time which can have serious financial implications.

Critical illness cover can provide a lump sum to help solve some of the financial issues which result, such as covering the cost of medical expenses, home modifications or repaying the mortgage to reduce the financial strain. 

Worrying about money is not conducive to recovery and a tax-free lump sum could make the world of difference to you during a difficult period...

Private Medical Insurance

The NHS is a national institution but with an ever increasing and aging population it is under enormous pressure and obtaining the right diagnosis and treatment can take time.

The current waiting times standards are:

  • 18 weeks Referral to Treatment Standard
  • 12 weeks for new outpatient appointments
  • 6 weeks for the eight key diagnostic tests and investigations

Waiting for news, bad or good, is often worse than the news itself. Private Medical insurance will let you get an early diagnosis giving you the peace of mind that there is nothing wrong or letting you get the treatment underway.

Income Protection (Insurance for your finances)

Most of us insure our house, our car, our possessions, but how many of us insure the person who pays for all these things?

Income protection is designed to provide you with a tax-free income if you are unable to work through accident or ill health.

You choose how long before the benefits start to pay out and for how long they continue to be paid if you are unable to work.

As independent financial advisors we can scour the market to obtain the best price to insure your most valuable asset – you.