Independent Financial Advisors 

Hitting age 55 opens doors in the financial planning world. At present it means you can access your pension and, typically, it is the minimum age at which you will be considered for equity release.

Since the introduction of pension flexibility, many people see their pension as their first port of call to release a lump sum for many different reasons including paying of an interest only mortgage at or near retirement age. But is that the right thing to do?

The answer to this question is inevitably different for everyone as our circumstances differ. However, looking at the bigger picture can sometimes show that perhaps using an equity release or lifetime mortgage product could be a better alternative. This decision is not to be taken lightly. However, using equity release can be favourable to some as it can help with inheritance tax planning. This, coupled with the fact that death benefits from a pension are typically outside of your estate for inheritance tax purposes, can unexpectedly give a double saving.

Financial planning should always be about looking at the bigger picture and not assuming there is a one size fits all solution. turpin barker armstrong would welcome the opportunity to discuss with you your needs and objectives and prepare a plan to try and meet them all.

Give us a call to book in a free initial appointment - call 020 8661 7878 or email advice@turpinba.co.uk 

#equityrelease #lifetimemortgage #flexiaccessdrawdown #interestonlymortgage

Covid 19 has turned the year 2020 upside down, it has forced us all to make so many changes and reassess our lives.

Being on furlough provided me with the opportunity to catch up with myself and be with my family. Over the last few years, life has always been so hectic, we never really spend quality time with each other. As much as I worried that I may not have a job at the end of lockdown, I tried to make the most of the precious time I had been given and can only really take positives from my situation.

The only negative I would say is that I spent a great deal more time in the kitchen ! But my kids have remained healthy throughout with fruit breaks and lots of different cooked meals we normally wouldn’t have. Our favourite new dish has been Turkey Enchiladas !

Home-schooling the kids has been an extremely challenging task as they are both different ages, my 11year old is pretty self-sufficient and gets on with things but my 4 year old has the attention span of a goldfish ! Nevertheless, I managed to teach him the entire alphabet, he can now count to 30 and do basic addition! Pretty pleased with my efforts I must say! Both are starting new schools in September, so I definitely felt some pressure to make sure they are as prepared as possible for what’s to come.

TV was not so interesting over lockdown however my husband and I binge watched ‘Kingdom’ on Netflix and I really enjoyed ‘The Secret She Keeps’ on BBC 1, catch it on IPlayer if you get the chance. We had lots of movie nights with the children, we even made pretend cinema tickets as we couldn’t do the real thing.

Although going out and about was restricted during lockdown, we went on our daily walks as a family and discovered places we never knew existed around our local area.

No gym meant lots of home workouts! It all started off with speed walking around the garden, then Joe Wickes with the kids and a bit of yoga here and there with my husband. But then I pushed myself a bit further and started couch to 5k! My husband eventually managed to get hold of some weights and we now have our own mini gym.

Being back in the office has been a welcomed change to the chaos of home. I was certainly nervous about returning to work as it had been so long. However, after the first couple of hours it was as though I had never been away. tba has made it as safe as possible for us to return to work not only in the office but by allowing us to work from home on alternate weeks. I just sit with my back to all the toys and the laundry which never seems to go away…

Most people take out an insurance policy to cover home contents, a pet, a car or even their mobile phone BUT what about you?

Have you recently checked your own personal policies?

Don't run the risk of being inadequately covered, or even sometimes paying over the odds for the wrong type of protection cover.

tba Wealth Management are independent, whole of market, financial planners.

Call Martin Card today on 020 8661 7878 to discuss any of the following protection covers:

• Relevant Life
• Life Assurance
• Critical Illness
• Mortgage Protection
• Income Protection

tba Wealth Management also offer expert pension advice, investment and savings advice, retirement and later life planning together with equity release.

Call or email us today