Brighter’s Financial
INFORMATION HUB
Click on any of these commonly asked questions
below to receive more advice
Can you help me understand the
costs of financial advice?
For investments and pensions up to £50,000 we charge 4% of the amount invested. This fee decreases with the higher amount of investment. We charge competitive rates of no more than 1% of fund values for on-going servicing of your plan.
How can I invest the money that I have inherited in the most tax efficient way?
This will all depend on your needs. We may suggest you top up an existing pension if you are close to retirement or we may choose an appropriate investment for your needs. Whatever we do, we will look at your goals and your attitude to risk. This is vital to get investments right and it is where we are skilled in the area of financial planning.
How best should I manage my pension in retirement?
We carry out a process of cash-low modelling to help our clients understand how much income they can expect to receive in retirement. If you are close to retirement it is important to understand how much you can spend to help your money last.
I don’t have much of a deposit for my first home, does this matter?
Many lenders use the mortgage guarantee scheme which is a Government initiative to help borrowers borrow and lenders lend. This is makes it more likely that you will be able to get a mortgage with just 5% deposit.
What advice can you give me about planning my later years, including a will and possibly LPA’s?
We would urge anyone who is a business owner or who has dependants to take out a will. LPA’s are advised if it is not clear who may make decisions on behalf of the person should they lose mental capacity. Each situation is different from the next , but we can put you in touch with our wills partner if you would like any more information.
I need to re-mortgage my home can you help with this?
We have more people returning to us for a re-mortgage month on month. We believe this is due to our dedication to your mortgage needs, kind attention to detail and a willingness to always go the extra mile. Independence as a mortgage broker helps us to do this.
I haven’t got a pension yet but would like to consider one. How much do I need?
Average monthly expenditure is around £2,000 a month in retirement but everyone is different. The simple answer is the earlier you start with what you can afford the better. Leaving it too late will mean greater contributions that you may not have, further down the line.
I don’t have much life insurance, do I need it and what are the best terms?
We would always recommend some form of life insurance or critical illness cover and would review what you already have to make sure it is right for you. We also help you reduce your outgoings by reviewing the cover you are currently paying for to help you with current expenditure.
I have a workplace pension and think it will be enough for me, how can I find out if it is?
We can look at the pension you have and guide you on the returns you can expect from it. It could be that the workplace pension is sufficient for your needs and we would advise you to leave it there; or we could suggest you pay in more to this pension or consider an additional form of investment.
I want to retire in a few years time, how do I know if I have enough money to live off?
At least 5 years from retirement, checking to see what income you need and what you have to live off is vitally important. You want your money to last so speak to us to help you do this!
I want to retire in a few years time, how do I know if I have enough money to live off?
For investments and pensions up to £50,000 we charge 4% of the amount invested. This fee decreases with the higher amount of investment. We charge competitive rates of no more than 1% of fund values for on-going servicing of your plan.
How can I invest the money that I have inherited in the most tax efficient way?
This will all depend on your needs. We may suggest you top up an existing pension if you are close to retirement or we may choose an appropriate investment for your needs. Whatever we do, we will look at your goals and your attitude to risk. This is vital to get investments right and it is where we are skilled in the area of financial planning.
How best should I manage my pension in retirement?
We carry out a process of cash-low modelling to help our clients understand how much income they can expect to receive in retirement. If you are close to retirement it is important to understand how much you can spend to help your money last.
I don’t have much of a deposit for my first home, does this matter?
Many lenders use the mortgage guarantee scheme which is a Government initiative to help borrowers borrow and lenders lend. This is makes it more likely that you will be able to get a mortgage with just 5% deposit.
What advice can you give me about planning my later years, including a will and possibly LPA’s?
We would urge anyone who is a business owner or who has dependants to take out a will. LPA’s are advised if it is not clear who may make decisions on behalf of the person should they lose mental capacity. Each situation is different from the next , but we can put you in touch with our wills partner if you would like any more information.
I need to re-mortgage my home can you help with this?
We have more people returning to us for a re-mortgage month on month. We believe this is due to our dedication to your mortgage needs, kind attention to detail and a willingness to always go the extra mile. Independence as a mortgage broker helps us to do this.
I haven’t got a pension yet but would like to consider one. How much do I need?
Average monthly expenditure is around £2,000 a month in retirement but everyone is different. The simple answer is the earlier you start with what you can afford the better. Leaving it too late will mean greater contributions that you may not have, further down the line.
I don’t have much life insurance, do I need it and what are the best terms?
We would always recommend some form of life insurance or critical illness cover and would review what you already have to make sure it is right for you. We also help you reduce your outgoings by reviewing the cover you are currently paying for to help you with current expenditure.
I have a workplace pension and think it will be enough for me, how can I find out if it is?
We can look at the pension you have and guide you on the returns you can expect from it. It could be that the workplace pension is sufficient for your needs and we would advise you to leave it there; or we could suggest you pay in more to this pension or consider an additional form of investment.
I want to retire in a few years time, how do I know if I have enough money to live off?
At least 5 years from retirement, checking to see what income you need and what you have to live off is vitally important. You want your money to last so speak to us to help you do this!
Have a specific question? Need some direct help?
We are happy to provide initial guidance at no cost to you.
Just get in touch.
