t: 028 3752 2455 | e: firstname.lastname@example.org
Charles Derby Financial Services (NI) Ltd
Helping individuals with their financial planning.
The value of pensions and investments and the income they produce can fall as well as rise. You may get back less than you invested.
Financial Advice you can trust
We provide services to help you improve your financial plans. We aim to deliver information, advice and solutions which are clear and easy to understand. We will help you throughout your lifetime and pride ourselves on our long standing client relationships. With Charles Derby Financial Services NI Ltd, your plans will be kept under review so you can rest assured in the knowledge that expert assistance is always on hand.
For further information please contact us on 028 3752 2455.
Keeping your pension planning on track
The reasons we conduct reviews for our clients are highlighted below. If you are not a client of ours already, the following questions may help you to decide whether you should get us to review your own pension plans.
- Am I paying too much in charges?
- Is the level of risk in my pension funds right for me?
- Do my plans reflect my current circumstances?
- Am I getting the maximum tax breaks?
- Do I know how my past and current pensions all work?
- How impressed am I with my provider’s service?
- Am I on track for the retirement income I want?
There are essentially two reasons we are committed to ongoing reviews for our clients: to take account of changes in their own circumstances and aims, and, to ensure that any market developments are assessed.
Changing circumstances, aims and needs
We all go through changes in life and what was right at one time may no longer be suitable at a later date. Changes in our work, home life and health can all have a bearing. By keeping your pension in focus and conducting regular reviews, we aim to keep your pension planning on track, whatever the changes.
One of the most common issues is keeping under review how much you save into your pension. It is often the case that when starting out, it is not possible to pay in as much as we would ideally like (to get back the level of pension we want). As time goes on, affordability may change and often this relates to higher earnings out-pacing changes in outgoings, allowing more to be paid in.
It is important to keep in mind that if your earnings are growing, your target retirement income may also be going up (when compared to the initial target set when you started your pension savings). So, it is vital that your target income is kept under review, and, that what you pay in regularly is kept up to date.
There may also be occasional ‘windfalls’, such as bonuses and inheritances, which may allow a catch up to be done by injecting extra savings into your pension as lump sums. These lump sum payments get the same tax breaks as regular savings, so they are an excellent way to boost your pension savings.
How your pension savings are invested has a massive affect on the value of your funds or total ‘pot’. We will have guided you at the outset to match your investments to your attitude to risk and objectives. Over time, these may change. For example, when approaching retirement, many people favour reducing the risk exposure in their pension savings. This reduces the potential investment returns, but, it means the value of the underlying funds is more stable, so giving more certainty in the run-up to retirement.
When starting out with your pension savings, the joy of actually taking the benefits may seem a long way off. For the smart ones who get underway early, it truly can be a very long time. But, as time goes on, preparing for retirement will become a bigger and bigger priority. And, the goal posts can sometimes move or need to be moved…
For example, state pension ages are rising (moving the goal posts) and for many of us, working lifetimes are getting longer by necessity. There are also more flexible solutions than used to apply, so, retirement no longer needs to be seen as single event in time – you may prefer to retire gradually.
By conducting regular reviews with our clients, we make sure that any changing needs or plans for how and when you want to take your pension benefits are taken into account.
Changes in legislation and product innovations can bring fresh benefits to new pension savers. Through our commitment to ongoing reviews for our clients, we make sure that any such benefits are also known and made available on an ongoing basis.
Over recent years, the changes in legislation have included major changes in tax relief and pension structures. These changes have generally speaking been welcome and have extended choice when saving and when taking benefits.
Product providers strive to continuously improve and the UK pensions marketplace is very competitive. Again, by doing regular reviews for our clients, we can ensure that new developments are considered and utilised where appropriate.
Tax treatment varies according to individual circumstances and is subject to change.
for total peace of mind
There are two key aspects:
- The products (the wrappers or ‘pots’ that you hold your investments in)
- The assets (the underlying investment holdings)
The two should not be confused! For example, Unit Trusts are not in themselves ‘risky’ investment products. Unit Trusts can be cautiously invested, and if so, they are suitable for cautious investors. They can equally be invested in highly speculative asset classes, in which case they are only suitable for speculative investors, comfortable with potentially very high volatility.
For advice that takes account of your circumstances from advisers who can clearly explain the most suitable investment products and assets, please contact us.
- Unit Trusts
- Investment Trusts
- Open Ended Investment Companies (OEICs)
- Investment Bonds
- Offshore Investment Bonds
- Venture Capital Trusts*
*Venture Capital Trusts and Enterprise Investment Schemes invest in assets that are high risk and can be difficult to sell such as shares in unlisted companies. The value of the investment and the income from it can fall as well as rise and investors may not get back what they originally invested, even taking into account the tax benefits.
for total peace of mind
Your home may be repossessed if you do not keep up repayments on your mortgage.
The Financial Conduct Authority do not regulate on Buy to Let mortgages.
Mortgages are complex and do involve a lot of paperwork and third party liaison. Our advisers research and arrange mortgages for all walks of life. With access to a huge range of providers and with unique deals available from time to time, we always aim to provide the most suitable deal for all our clients, regardless of their circumstances.
Our mortgage services provide a complete package, encompassing; all research, paperwork and processing. We are experienced in dealing with other professionals, such as conveyancing solicitors, to ensure that all aspects are coordinated for you. This means that we become your sole point of contact for the entire transaction.
- First Time Buyer
- Moving Home
- Buy to Let
for total peace of mind
Our aim is to help you establish the most suitable level of insurance protection and our advisers will help you protect those who depend upon you against the most serious risks that you face, specifically to your life and your health.
- Life Insurance
- Critical Illness Insurance
- Income Protection Insurance*
- Mortgage Payment Protection Insurance*
- Permanent Disability Benefit Insurance
- Death Benefit Insurance
*There are other products available designed to protect you against loss of income. For impartial information about insurance, please visit the website at www.moneyadviceservice.org.uk
for total peace of mind
We provide comprehensive advice to individual clients on the following matters:
- Holistic Financial Planning
- Retirement Planning
- Investment Planning
- Regular Savings
- Estate Planning*
- Medical and Healthcare Insurance
Holistic financial planning begins with a preliminary financial advisory process that includes an initial fact finding stage. This initial stage of the process is geared towards assessing a clients likes and dislikes, general opinions, goals both short and long term. Also during this initial fact finding stage, information such as a clients risk tolerance is also gathered and filed for analysis. Then after the necessary preliminary information has been gathered, it’s on to the next phase.
This secondary stage would be the strategy recommendation stage, where all of the data gathered is used to formulate an inclusive and objective strategy which takes everything into account. In this stage the clients objectives and goals are prepared and laid out with a focus on creating wealth, taxation plans, estate planning and of course risk.
The final phase of the holistic financial planning process involves the monitoring/review process. As previously indicated, this is a continuous and ongoing function which benchmarks the applied overall plan outcomes and performance levels, factored against the clients perceived goals and objectives.
This ongoing process includes periodic portfolio value assessment reports, portfolio review meetings and strategy sessions and of course the end of year pre-taxation strategy and planning sessions. We ensure our holistic advice for clients is geared towards growth, security and peace of mind.
*The Financial Conduct Authority does not regulate on Estate Planning and Tax Planning.
- Sean Harris
- Simon Sheldon
- Stuart Adamson - Mortgage & Protection Adviser
- Jacqueline Butler - Financial Planning Adviser
- Paul Lagan - Mortgage & Protection Adviser
- Thad Hughes - Financial Planning Adviser
- James Armstrong - Protection Adviser
Our Client Promise
for total peace of mind
Charles Derby Financial Services NI Ltd advisers all share and adhere to our company standards, training and compliance requirements and our client promise. We aim to be one of the leaders in our field and welcome feedback on our services and advisers to help us improve.
We will always put your interests first.
- Always try to be helpful, clear, easy to deal with, courteous and prompt.
- Get to know you and your aims. Before any recommendations, your adviser will carry out a thorough fact find to ensure that any advice provided and solutions proposed are tailored to your needs and goals.
- Do everything possible to ensure that all our clients receive high quality financial advice, and where suited, the most appropriate products to meet their specific needs.
- Explain all charges and fees. In line with the requirements of our regulator, The Financial Conduct Authority, we will provide full illustrations and disclosure prior to any product implementation.
- Arrange regular review meetings. Our review meetings aim to ensure that any changes in clients’ circumstances, aims and any changes in the marketplace, such as new products and funds can be taken into account on an ongoing basis.
- Protect your data and only use it to provide our services. We do not and will not sell any client data to any other company or third party.
- Ask our clients to give us feedback on our services to help us improve what we do. Generally, we provide easy to complete online surveys, sent via email links.
Telephone: 028 3752 2455
If you are unhappy with our service
If you have a complaint about your adviser, or any financial advice you have received from your adviser, please contact us:
Newcastle Upon Tyne
Tel: 0191 241 0700
You can find more information by visiting the Quilter Financial Planning website https://www.quilterfinancialplanning.co.uk/contacts/
If you cannot settle your complaint with us, you may be entitled to refer it to the Financial Ombudsman Service (www.financial-ombudsman.org.uk)
At Charles Derby Financial Services (NI) Ltd we respect your privacy and the confidentiality of your personal information.
Who We Are
Charles Derby Financial Services (NI) Limited is an appointed representative of Quilter Financial Services Limited and Quilter Mortgage PlanningLimited who are part of the Quilter Group of companies. For further details on the companies in our group, please click here: https://www.quilter.com/about-us/our-brands/
What Data Do We Collect and Why
We collect personal information about you when you use our website, contact us about products and services, visit a financial adviser or carry out transactions with us. We collect information that is necessary for the provision of financial advice and administration of the products or services you are seeking, and for legal and regulatory purposes. We also collect and use your personal information where necessary to improve our services, our business processes, and to communicate with you. For the provision of advice we need to collect sensitive information, such as information about your health. To do this, we will ask for your consent.
We will always keep your data safe and secure, and where we share your data with other businesses to fulfil the purposes above we make sure they follow our instructions and keep your data secure. We will never sell your data, and we will not send you communications about unrelated services without your consent.
Find out More
Our Privacy Notice, please click here, holds much more information about how we collect, use and share your personal information. There is also information about the rights you have over your personal data, and how to contact us if you have any questions. Please click here, or write to:
The Office of Data Protection
Quilter Financial Planning Ltd
Telephone: 0161 488 3559