Case study: a recent final salary pension transfer enquiry

The value of financial planning advice often manifests itself in what clients don’t do as a result. By getting to really understand a client’s circumstances and priorities we are able to help them make decisions that may not be those they expected to make, but which are in their best interests and they will feel

Time for a financial planning spring-clean

The new tax year, which began on 6th April, has reset a number of tax allowances. This means that, whether or not you used them to their full in 2017/18, you can once again begin to take advantage of them for 2018/19. The start of the new tax year is also a good time to

Prest reports record first quarter and announces recruitment plans

Prest Financial Planning has reported a record first quarter, adding more than £15 million to its funds under management. March 2018 was also its strongest-ever month for new funds under management, accounting for £7.7 million of the total. Chartered Financial Planning firm Prest now manages approximately £350 million in client assets, £50 million of which

Managing Cashflow in Retirement

The financial services sector has an obsession with investment performance tables, charges, fees and regulatory compliance. Amid this noise it can be easy for us to forget what clients of good financial planning firms really value: in my experience it is none of the above! At Prest our clients tell us that the things they

How to contribute more than your annual allowance to a pension

The government places two main limits on the amount you can save into a pension scheme. One is the lifetime allowance for total fund size, which in 2017/18 stands at £1 million, and the other is the annual allowance. The annual allowance, at its current level, limits the amount that you, or anybody else on