What is financial planning?

Comprehensive financial planning aims to give our clients objective assistance in organising their personal (or corporate) affairs in order to more easily achieve their financial and lifestyle goals.

A 'financial journey' generally needs to start with an income and expenditure analysis in order to establish current and future requirements for income and/or capital. This process is at the heart of every financial plan we produce as it provides our clients with the facts that they need to have in order to make important and informed choices with their money.

Should the financial planning process indicate that you might require products to satisfy your needs, this can lead to the recommendation of a specific contract or policy such as a pension, protection plan or investment portfolio. Initially, however, it will result in the production of a plan devised specifically for each client, focussing on strategy and goals.

Our Financial Planning process could help you to:

1. be financially better organised
2. reduce your tax liabilities
3. improve investment returns
4. better understand and manage financial risk
5. avoid running out of money
6. above all, help you achieve and maintain your desired lifestyle

We have factsheets that describe our services and investment proposition in more detail. For further information, please email info@peterguyltd.co.uk

How we are paid?

We operate our business on a fee-based structure so that clients know [up front] how much they are paying for the advice and services they receive. This transparent approach meets with our desire to treat all customers fairly as well as falling in line with our regulator’s desire for us to agree remuneration direct with our customers rather than via product providers. It is important to note that this approach does not mean that we receive all our income from charging fees as this can be generated from a mixture of sources. Some work will be based on project fees and some by regular retainers. We may also receive payment in the form of commission that comes from policies we set up for you. Where this is the case, commission can be used to offset some of the costs of our services.

Prior to providing you with details of the cost and extent of our services, we always insist on having an initial discussion [at our expense] to see if we can be of assistance to you and whether or not you will benefit from the services we offer.

Before engaging our services, you will be obliged to enter into a client agreement as this will form the basis by which we all agree to work. All charges will be outlined in this agreement so you will always know how much you are paying and what you are paying for.