James Robson and Gemma Stanbridge

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James Robson and Gemma Stanbridge
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Financial planning.Taking control of your
money

• Why plan?
• When to start?
• What should you do?

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Why Plan.So you can enjoy the finer things in
life

ME Sport
MY OWN INSURANCES AND SAVINGS
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Savings 25 of households have 0 savings 25
have between 0 and 1,500 !
Debt Our country is worth 5 trillion
(5,000,000,000,000) Personal debt is currently
1.2 trillion 2000 Average Student Debt 3,500
2007 Average Student Debt 16,500 !
Marriage Property ( maintenance ) Children 1
income / Childcare / School Holidays Cars The
bigger things in life !
State Old Age Pension is 87.02 p.w. Av. total
pensioner income 265 p.m.
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When to Start.(every little helps!)
ASAP. Compound interest. Let your money work for
you.

Opportunity cost of not saving Person A 22 125
/ month. At 65 435,519 Person B 32 125 / month.
At 65 204,250 Person B loss 221,269 Its time
in the market not timing in the market
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When to Start.
22
27
32
65
65
65
125
125
125
7
7
7
425,519
204,250
296,348
129,171
221,269
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• Make the decision to start now.
• Get organised, list monthly incomings and
  outgoings.
• Start budgeting. Allocate money towards financial
  planning.

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• Make the decision to start now.
• Get organised, list monthly incomings and
  outgoings.
• Start budgeting. Allocate money towards financial
  planning.

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Create Spreadsheet
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Short TermTimescale up to 5 years

• Ensure enough money for here and now.
• Emergency cash fund, Holidays, Tax.
• Ideally in a tax efficient and high interest
  environment.
• 3 x monthly income.

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Medium Term Moving forward.what
next?Timescale 5 15 years.

• Putting money away so later on you are not in the
  position you are in now.
• Start monthly amount into a tax efficient
  environment.
• Building a portfolio.
• TRAIT. Term, Risk, Income, Accessibility, Tax.
• Diversifying your portfolio, risk
  performance.

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Diversification

• Life Settlements
• Private Portfolio Management
• Stock broking
• Land
• Investment Bonds
• Commodities
• Off-Plan Property
• Insurances
• SIPP
• Identified Land
• Property funds
• Hotel rooms
• Wills
• Wine
• Capital Allowance Schemes
• Trust Fund Planning
• ISA

• Discretionary Fund Management
• Off-shore investments
• Debt Management
• VCT
• Wind Farms
• Livestock
• Forestry
• Collectable Funds
• AIM
• Emerging markets
• Pension
• Fine Art
• Commercial property
• Unit trusts
• Currency trading
• Mortgages
• Financing

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Long Term/RetirementFunding your retirement.

• State pension 87.30.
• How much would you like to live on.
• Key to retirement planning Start now!
• Types of retirement planning
• Pension, Property, Cash
• Advantages of a pension
• Work Scheme, Stakeholder, personal, Sipp.

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Long Term/RetirementFunding your retirement.

• Advantages of a pension Tax Relief.

Government Contribution
Your Contribution

• Types of pension.
• Occupational Scheme Final salary / money
  purchase
• Stakeholder Pension
• Personal Pension
• Sipp

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Conclusion

• Key to financial planning
• Time.
• Proactive.
• Address different areas.
• Seek independent specialist advice.

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Questions

• Over to you.