arrived and even though business sentiment and outlook has improved the New
Year still presents many challenges for businesses and families.
Quintas Wealth Management we are focusing on a number of key areas in our
meetings with clients. These include:
there ways of improving business or personal monthly cash flow through analysis
of income and outgoings? For example we
have had a significant number of clients who were able to arrange their
existing protection policies and avail of cheaper cover without diluting the
amount of cover involved. We have also encouraged
clients to see if there are other ways of meeting the premiums payable on existing
policies either by getting their business to pay for it or using their existing
pension funds to do so and avail of tax relief in the process.
Pension Plan Review: Quintas Wealth Management has built
a dynamic and comprehensive system designed to arrange fund selection and
performance and assist in the construction of optimum fund portfolios taking
account of an individual’s age, attitude to investment risk and retirement
objectives. We feel that proactive
management of existing funds and careful selection of where new pension
contributions are invested can add significantly to the growth prospects for people’s
Mortgage Review: Many clients over the last number of years have
taken out mortgages on investment properties.
In most instances these mortgages were set up on an interest only basis
with an accompanying mortgage protection policy which was intended to clear the
mortgage in full if the property owner died.
We have found that in carrying out reviews on client portfolios that
whilst over the years since acquiring the property interest payments have been
paid on the loan, little or no capital payments have been made. In the interim however the mortgage protection
policy has had a decreasing sum assured such that if in the unfortunate
instance of the property owner dying his or her estate would be left to deal
with a significant gap between the life cover payable under the mortgage
protection policy and the outstanding loan on the property. This can place a totally unexpected burden on
the deceased family and have huge financial implications. A thorough review and clear planning can
protect against and avoid this potentially devastating scenario.
For more information
on any of these discussion points, please contact Quintas Wealth Management on
0214641400 or email email@example.com
To view Nicks bio please click here.
Quintas Wealth Management is regulated by the Central Bank of Ireland.