5 reasons to check in with your Globe advisor this World Hello Day

Category: News

21 November 2020, marks the 48th annual World Hello Day. The day aims to demonstrate the importance of personal communication for preserving peace by challenging people across the world to participate simply by greeting ten others.

Why not make Globe IFA one of those greetings?

There are many reasons to seek expert financial advice – from big life events to worries about the future and for help achieving your goals – and it all starts with a simple ‘hello’.

Here are five signs it might be time to speak to your Globe advisor.

1. You have dependants and you worry they’re not protected

If you have dependents that rely on your income, you’ll want to be sure that they are protected should the unexpected happen. If your income helps towards mortgage payments or school fees, for example, what happens if that income is lost – either through accident, illness, or death?

Get in touch and we can talk you through a range of different protection products from Critical Illness cover to Life Insurance.

We can help you explore the protection you have elsewhere and then fill the gaps to ensure you and your family are fully covered, giving you peace of mind.

2. Your money is doing nothing in the bank

Savers have been having a hard time of it since the 2008 financial crisis. But the Bank of England Base rate cuts in March of this year might mean that now is the time to speak to us.

With rates low, it’s likely your savings won’t be keeping pace with inflation and that means your money is effectively losing value in real terms.

Now might be a good time to consider investing or rebalancing an existing portfolio. We can help put a plan in place that ensures your money is working hard for you, giving you the best chance of reaching your financial goals.

3. You’ve experienced a big life event

We recommend reviews at least annually as the best way to ensure your financial plans are on track. But it’s worth speaking to us if you’ve had a big life event too.

Births, marriages, and deaths could all see your plans change, in the short, medium, and long term. Starting a family might mean a change in your attitude to risk or a desire to start investing. A death might mean you need help understanding the complexities of Inheritance Tax and estate planning.

You might have had a sudden windfall.

Whether you’ve won the lottery, received an unexpected inheritance, or had a bonus or a promotion at work, if you have received a large sum of money, it may well be time to start thinking about financial advice.

You might be looking to spend it, invest it, or use it toward your retirement. As the sums of money increase, so too do the tax implications, the complexity of calculations, and the potential for losses if the fund is poorly managed.

Whatever it is you choose to do with your money, we can help you navigate the Lifetime Allowance, the pensions taper, and taxation rules, to ensure that however you choose to enjoy it, your choice is tax-efficient and right for you.  

4. You’re thinking about retirement

You’ve built your retirement fund up over your entire working life, but if you haven’t received advice recently, why not allow us to check in on your pension for you?

If your retirement is still some way off, we can help to ensure it stays on track, giving you peace of mind – or a recovery plan – while providing you with the tools you need to meet your goals.

If you’re approaching retirement, you’ll soon have some big decisions to make. They are decisions that will affect the rest of your life. We can help you work through your options, matching your fund pension choice to your aspirations.

And the hard work doesn’t stop there. Successfully managing your income in retirement ensures you can live the lifestyle you want for the rest of your life.

With a long-term plan in place, you’ll also have peace of mind that your loved ones will be looked after once you’re gone.

We can help with Inheritance Tax and estate planning too, so get in touch now.

5. Money matters are affecting your emotions

Royal London recently conducted a report looking at the link between receiving regular financial advice and your emotional wellbeing.

It found that advised clients felt more in control of their finances, had more confidence in their decisions, and greater overall peace of mind regarding their future.

If you’d like to benefit from our years of professional experience and expertise, get in touch now for pension or investment advice.

Get in touch

We can provide the expert financial advice you need, so if you’d like to discuss any aspect of your finances, get in touch. Please email hello@globeifa.co.uk or call 020 8891 0711.