Oaklands Details

0121 355 4455
info@oaklandswealth.com
12A Duke Street
Sutton Coldfield
West Midlands
B72 1RJ

Oaklands Wealth Management Ltd

Maybe you do know the value of your pension pot right now?

But do you know how much income it is likely to provide in retirement?

As more and more of us shall rely on defined contribution pensions for income during retirement, rather than final salary schemes which provide a guaranteed income, this figure is crucial.

Now, expectations for retirement are very individual. Some want to maintain the house and lifestyle they already have, while others want a second home or to try a different life elsewhere.

Whatever your post work aspirations, it’s a good idea to have a pension figure to aim at which you are confident can give you the retirement income you require.

Research by the Pension and Lifetime Savings Association (PLSA) in 2018 found that 77 per cent of people saving into a pension don’t have a clear idea how much they need in retirement.

To bridge that knowledge gap, the PLSA created its Retirement Living Standards (RLS). These are based on the cost of a range of common goods and services, and aim to show what life in retirement would look like at three different income levels.

I’m not even going to give you those figures, as to me they are pretty meaningless. I don’t know about you but I hate being pigeonholed. We are all different, have a range of lifestyles and different ideas about how we’d like to spend that renaissance period after work.

One person’s interpretation of comfortable may feel constrained to another.

That’s why at Oaklands Wealth we never work on the basis of the PLSAs “minimum, moderate or comfortable standards” when looking at how much a client needs to live on.

We resort to the only safe way of knowing – detailed cashflow planning

Pension Cashflow Planning

Most folks are capable of whipping up a spreadsheet these days. A basic analysis of income and expenditure shows the amount left each month and year.

Though what a simple table won’t show is the effects of inflation, growth rates of your investments and what happens after ad hoc expenditure such as cars, children’s weddings, holiday homes etc, is taken into account.

And it won’t account for the tax situation on investments and personal income,

Nor will it model multiple WHAT IF scenarios:

What if there’s a stock market crash?
What if we buy that place in the sun in 5 years time?
What if our daughter gets married in the next 10 years?
What if inflation returns and eats away at our spending power?

You get the point . . .

That’s why we use a specialist cashflow modelling tool to create a personalised cashflow plan for you.

The cashflow plan builds a picture of your financial journey in graphical form, with all assumptions and inputs listed. It will calculate tax rates and help us achieve 3 objectives for you:

Our first objective is to ensure you never run out of money.

Our second objective is to ensure you can live the lifestyle you want.

And as we are optimistic, our third objective is plan your cashflow to age 100.

Does that sound like a better plan?

Call us now on 0121-355-4455 or email us at appointments@oaklandswealth.com to arrange for your cashflow discussion.

IMAGINE YOUR PENSION & SAVINGS 100% UNDER CONTROL…
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OUR INDEPENDENT FINANCIAL ADVISORS

Helen Blackburn IFA Pension Transfer Specialist
Nick Hampton Investment Advisor

THINKING OF MOVING FROM YOUR EXISTING ADVISOR?

It’s easy to move on from another advisor.
We’ll handle everything.

All that’s needed is for you to sign some letters of authorisation and we’ll do the rest.

None of your investments will be switched into new funds until you’ve agreed with our recommendations and you’re fully happy with any changes we propose.

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7 KEY FEATURES OF THE OAKLANDS WEALTH MANAGEMENT SERVICE

British Standard BS 8577 Awarded Service

12 Month Money Back Service Guarantee

Lifetime Cashflow Planning

Risk Adjusted Personal Investment Portfolio

ISO 222222 Certified Financial Advisors

Monthly Fund Analysis

2 Investment Portfolio Reviews Per Year

A WORD FROM OUR CLIENTS...

“After great dissatisfaction with the service of major high street banking group I approached Oaklands to manage my pension and investment portfolio. They have provided sound advice on pre- retirement planning and achieved a good return on our capital as well now in retirement. The service offered by Helen and the team at Oaklands is second to none.”

Peter Worral

A WORD FROM OUR CLIENTS...

“Upon leaving Rolls-Royce after 26 years, I wanted to transfer my pension into an investment fund but find anything investment related a ‘black art’. Helen reviewed my circumstances and risk profile to develop my portfolio. Every Oaklands’ team member I’ve seen is an established professional and I would recommend Helen and her team in a heartbeat.”

Ian Foster

A FRIEND FOR YOUR FINANCIAL JOURNEY...

THIS IS NOT A DIY SERVICE – WE TAKE FULL RESPONSIBILITY FOR SETTING UP YOUR PENSIONS AND SAVINGS. FOR LIFE.

No half measures. We don’t set it up then leave you all at sea. We manage your investments ongoing and hold ourselves accountable for steering you through your financial journey.

This phrase came from a client who said that’s exactly what we felt like to him, he said “you are like a friend or good neighbour who’s always got my best interests at heart.”

Whatever the reason you come to us we care. We really care. Like it’s our own money.

Tidying up bit and bobs of pensions and putting them neatly in a pot you have full control over.

Maybe transferring a final salary pension if your objectives are better met with your own pension.

Making sure you get all the tax efficiencies legally available to you to enhance your money.

Pointing the microscope on 3,000+ funds and finding the best ones to secure your retirement.

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