Being at the helm in such a busy, challenging role can be stressful. Many Executives and Directors can’t find the time to manage their finances.
We work closely with executive teams to help improve the knowledge and education around pensions and financial planning – in turn helping you empower senior staff and improving staff retention. With a sound understanding of your choices around NHS Pensions, you will be able to approach retirement with flexibility, and improve your tax efficiency for a sound financial future.
How we help NHS Directors and Executives
Navigating the complexities of financial planning can be particularly challenging for medical professionals, who must balance demanding careers with the need to secure their financial future. From maximising NHS pension benefits and retirement planning to tax-efficient profit extraction and strategic investing, we provide tailored financial advice designed to meet the unique needs of those in the medical sector.
- Maximising NHS Pension Benefits
A good review of your NHS Pension benefits is essential – including the following:
• Navigating pay increments
• Pay awards (CEA or National)
• Salary sacrifice & bank
• Identifying NHS Pension errors
• Minimising tax payments on your Annual Allowance - Retirement Planning
By calculating the amount of annual income you will need to sustain your lifestyle into retirement, we will help you build a fund to match your aspirations. - Investing
Whether you are looking to grow your investments, or secure a regular income from them –we’ll work together to shape a personalised investment strategy around your needs and lifestyle. - Protection
We’ll help you choose the life insurance, critical illness, or income protection solutions that offer the best protection for you and your family. - Inheritance Tax & Estate Planning
You are no doubt searching for the most effective ways to look after your loved ones. Our experts can help make sure your assets benefit your loved ones, rather than HMRC. - Long Term Care Planning
Paying for care can be a huge financial burden that may last for several years. We’ll help you understand the options and guide you through the process of putting suitable measures in place. - Tax Efficient Profit Extraction
You should be extracting profits from your limited company in the most tax efficient way. With our advice you can get on top of this. - Cash Management
We help you manage the day-to-day finances of your practice or limited company. - Referral to Specialists
In partnership with carefully-selected experts, we help ensure all of your financial, tax and legal affairs are in order.
The value of an investment with St. James’s Place will be directly linked to the performance of the funds selected and may fall as well as rise. You may get back less than the amount invested.