Future Start Independent Financial Planning
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Future Start Independent Financial Planning specialises in helping people who have reached a point in their lives where they want to take stock of their finances in preparation for retirement and beyond. This involves using a range of strategies designed to reduce INHERITANCE TAX, INCOME TAX or CAPITAL GAINS TAX, make the most of their RETIREMENT SAVINGS, build their RETIREMENT PLANS and invest in an ETHICAL WAY.
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1 customer review
Paul Goldfinch
Jonathan was very helpful and precise with the service being offered. Went through everything in fine detail and provided lots of information. Checked all details thoroughly and always double checked my answers. Made me double check before clicking to next page. More...
Eric McLoughlin
I have been very satisfied with the service that I have received so far. Jonathan listens well, and he is clearly very passionate and knowledgeable about what he does.
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What do you love most about your job?
The most fulfilling part of my job is most definitely the interaction with my clients. For me, it is so interesting meeting people from all walks of life whether established in their career, running their own company, enjoying their retirement and hearing about what they did in the past or those starting out in their career. Working with people both initially to formulate a strategy and then ongoing to make sure it is achieved is hugely fulfilling. I think finances and security are one of the most important things in a persons life and helping them to have and maintain this through way of a robust financial planning strategy is both interesting and exciting .
What inspired you to start your own business?
I formed Future Start to change the way I offered financial advice to my clients. I wanted to offer solutions that clients could trust, solutions that were unbiased towards any one provider or product. I previously worked for banks and then an advice network . The advice network and banks enabled me to offer a very narrow range of solutions which were simply not enough to meet the varying needs of the people that I saw. Being fully independent, Future Start has no bias towards any one provider or product. The thing that dictates the providers that I recommend is my clients.
Why should our clients choose you?
Clients of Future Start know that they are working with an adviser that they can trust. I have built long relationships with many of the clients that I work with over a number of years. We document all of our recommendations in personalised and structured reports. We work with and recommend leading providers to give comfort and peace of mind to clients. We have a structured approach to planning, working at a pace that clients feel comfortable with and providing updates as we progress. We are open and honest with our recommendations and often use a forecast to show clients the direction in which their financial journey is heading, the impact of our advice and the likely result of planning if it is seen through to the end. Finally, unlike some bigger organisations, we do not see our clients as a number, we see our clients as individuals and by having a flexible way of working can adjust the way we work to cater for individual requirements.
Can you provide your services online or remotely? If so, please add details.
We do provide our services remotely, so that our clients can enjoy our award winning advice from the comfort of their own home.
What changes have you made to keep your customers safe from Covid-19?
We have invested in technology that allows all meetings to be conducted securely online. However, where clients prefer to meet at our offices, we have one way systems in place, hand sanitiser in every meeting room and well spaced out meeting rooms to enable social distancing.
Financial Planning
Financial planning is offered as part of our full service or stand alone for those who prefer to manage their own investments.
Financial Planning is about understanding our clients goals and timeframes, plotting this in a timeline and identifying what actions need to be taken in order to achieve their goals. Such as; how much should they be investing, what rate of investment return do I need to achieve my goals, what happens to my goals if I cannot work, what inheritance tax liability does my estate have.
These are just examples. Financial Planning helps you see the bigger picture.
Inheritance Tax Planning
Professional integrated inheritance tax planning.
Typically, due on estates of UK domiciled people worth in excess of:
£325,000 for single/divorced people (no children)
£500,000 for single/divorced people (with children)
£650,000 for married/civil partnership people (no children)
£1,000,000 for married/civil partnership people (with children)
Example: Married with children
Main residence: £850,000, savings/investments £1,000,000. Total estate: £1,850,000
Inheritance tax: £340,000
Larger estates, those who have their own business can be and will be more complex.
With Future Start's combined Estate Planning and Inheritance Tax Planning, we help people eradicate or reduce their estates liability and protect assets for the next generation.
(Figures correct as of Feb 2021. These thresholds can vary for non-homeowners and/or those with estates in excess of £2million)
Estate Planning
Our Estate Planning service incorporates the use of Asset Protection Wills to offer our clients and their families protection against potential unwanted future claimants.
• Bloodline protection, which protects your estate for your children should your spouse remarry following your death.
• Ring-fencing your assets should you die, and your spouse should subsequently need to go into a care home.
• Protecting your share of the estate should you die, and your spouse were subject to creditor claims or bankruptcy.
• The potential to reduce inheritance tax.
• Can offer protection against divorce ensuring your estate stays in your family’s bloodline should your children inherit and subsequently divorce.
• If your beneficiaries were to be subject to creditor claims or bankruptcy, their inheritance would be ringfenced and protected.
• Your beneficiaries inheritance could be protected against future care costs should they themselves need care.
• Protection against further or generational inheritance tax. Holding the assets in the Trust ensures that they do not add to the Beneficiaries’ estates and impact on their own Inheritance Tax.
• In addition, our asset protection wills can also ensure you put in place provision for vulnerable or disabled beneficiaries.
• Where a beneficiary may have a poor track record of managing money, our asset protection wills can enable you to put provisions in place to deal with this.
Our Estate Planning is the perfect wealth preservation and transfer service for your family.
Investment Advice
We assess our clients attitude towards risk and help them understand investments.
We build portfolio's to suitable to a clients' goals, time frames and risk tolerance.
Within our offering, we have portfolio's that offer an ethical approach to investing aligning our clients values to their investments.
The investments we offer are from leading investment managers and we only offer investments that are regulated by the Financial Conduct Authority or in some cases, an overseas equivalent. We do not offer unregulated investment products.
Pension Advice
We offer advice to people within 20 years of retirement, looking to accumulate wealth in a tax efficient manner.
We help our clients understand how much they need to be saving to achieve their targets and achieve their long-term objectives.
We can assess your existing pension plans to ensure that they remain best place to meet your goals and objectives.
Final Salary Pension Transfers/Defined Benefit Pension Transfers
Through our trusted partners, we can offer our clients access to advice on final salary/career average/defined benefits pension transfers.
Wills & Lasting Power of Attorney
We offer Asset Protection Wills and both parts of the Lasting Power of Attorney.
We manage the process of setting up your will and LPA's from start to finish.
We offer packages or the items individually.
We also offer a range lifetime trusts.
