Wealth Management

Tyne Vale Wealth Management is a an ongoing process that can take care of all your financial planning and investment management needs, tailored to your specific requirements and delivered by a dedicated team of professionals. Whether you are investing for income or simply want to protect and preserve your wealth, we provide advice and tailored recommendations to help you to achieve your financial goals and objectives.

We will carry out a thorough appraisal of your circumstances and objectives. Once we have a clear idea of your financial plan we will construct a suitable portfolio and create a bespoke review programme.

Other aspects of financial planning covered by our service include:

• Assessment of expenditure, future capital commitments and tailoring of your portfolio to achieve the required cash flow
  
• Tax optimisation including ongoing capital gains tax (CGT) planning
  
• Tax equalisation between spouses where advantageous
  
• Identification of your risk tolerance and capacity for loss including continual reassessment
  
• Estate planning and inheritance tax (IHT) mitigation
  
• Planning for the possible cost of care in later life
  

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Risk Warnings The value of investments and income from them can go down. You may not get back the original amount invested.

Tax treatment is based on individual circumstances and may be subject to change in the future. The Financial Conduct Authority does not regulate tax planning.

Retirement Planning

We can help you with your retirement plan, give you the guidance you need to get there, and help you monitor your plan in retirement. Tyne Vale can give you peace of mind that your retirement plan will help you achieve your goals.

We can guide you through your retirement plan and help you consider:

• The age you may want to retire at
• Working out how much income you might need to live a comfortable life, or the life you want in retirement
• Building confidence in the steps you need to take to make sure your money will not run out before you die
• Reviewing existing retirement plans and identify savings gaps
• Understanding the different options available to you regarding retirement
• Maximising your savings and taking full advantage of your own tax allowances
• Protecting or reducing the risk in the investments you have built up as you approach retirement.

If you are aged over 55 (rising to 57 from 2028) you can normally access your personal pension pot in a number of different ways under the Pensions Freedom regime. Whether you plan to fully retire, cut back your hours or carry on working for longer, you can tailor how and when you use pension to suit your needs.

There’s a lot to weigh up when working out which options may be best for you. Tyne Vale are here to help!

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Risk Warnings A Pension is a long term investment the fund value may fluctuate and can go down.

Your eventual income may depend upon the size of the fund at retirement, future interest rates and tax legislation.

Long Term Care Planning

With significant advancements in medical science of the past few decades life expectancies have dramatically increased. Whilst we may get more time to do the things we want to do, the latter years may often be in poor health.

The cost of providing long term care can be astronomical depending on the level of care required and for how long it is needed. Many believe that the cost of their care will be borne by the State, but this is not always the case. Depending on your own situation you may have to pay some of the cost or all of it.

Most of us would hope to leave something to our families after we’ve gone. Without careful planning your hard earned assets could be swallowed up by the cost of your care later in life, leaving little or nothing to pass on.

Long term care advice can only be provided by advisers with a specific long term care qualification. Our adviser Nick Hull is suitably qualified in this area.

Protection Planning

Do you have policies in place that can cover you and your family in the event of illness or death?

The main purpose of having suitable protection in place is to safeguard your future and your loved ones, should the worst happen. This involves understanding your personal circumstances, and the potential impact of unexpected life changes.

At Tyne Vale, we believe that Protection Planning is about preparing for the unforeseeable. By being fully prepared and protected in advance, you will greatly reduce the impact of such traumas on you and your loved ones.

When it comes to effective Protection Planning, we guide you with a clear pathway using our financial planning framework to minimise the impact of unexpected events on both you and those closest to you. This may involve a product or simply restructuring the protection you already have in place, but most importantly, we will help you gain a full understanding of any risks that may affect you in the future.

Tax & Estate Planning

Paying tax is a part of life and it is likely that we will all be subject to tax in one form or another throughout our lifetime.

• Income tax is levied on most forms of income at a rate of either 20%, 40% or 45% depending on your circumstances.
  
• Capital Gains Tax is chargeable on gains arising from the sale of certain assets such as shares or property at a rate of either 18% or 28% depending on your circumstances.
  
• Inheritance Tax is charged on your estate on death and certain lifetime transfers if you exceed your nil rate band and is payable at a flat rate of 40%.
  

Have you ever considered that you may be paying too much tax? The effective use of certain annual allowances and/ or financial products may help you to reduce your tax liabilities now and in the future.

Taxation is a complicated area so why not let Tyne Vale help you to navigate the tax maze!

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Risk Warnings Tax treatment is based on individual circumstances and may be subject to change in the future. Information is based on our current understanding of taxation legislation and regulations.

Any levels and bases of, and reliefs from taxation, are subject to change.

The Financial Conduct Authority does not regulate tax planning.

Mortgages & Equity Release

Getting a mortgage can sometimes be a daunting and complicated process. There are often a number of hoops to jump through before a lender will offer you the mortgage you want. Tyne Vale are here to help!

As we're independent, we can offer you access to a wide range of mortgage lenders from across the market. Our mortgage service is tailored to your requirements to find a mortgage that works for you.

We can help you whether you are buying your first property, moving up the housing ladder, investing in a buy-to-let, or even looking to release equity in your property.

We will guide you through the entire process from application to completion, answering any questions you may have along the way and resolving any queries the lender may have so that you can get the mortgage you want as quickly as possible.

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Risk Warnings A mortgage is a loan secured against your home or property. Your home or property may be repossessed if you do not keep up repayments on your mortgage or any other debt secured on it.

The Financial Conduct Authority does not regulate most forms of buy to let mortgage.

Equity release may require a lifetime mortgage or home reversion plan. To understand the features and risks, ask for a personalised illustration.