Seagreen Services for Individuals

In the 2023 Budget, changes were announced to what is known as the ‘lifetime allowance’. This is the maximum pension pot you are able to have before paying extra tax charges. Especially if you have a mix of final salary and money purchase pensions, it can be difficult to get to grips with what the rules are and specifically how they affect you.

There are also limits on how much can be put into your pension each year – known as the ‘annual allowance’. This limit varies and if it is exceeded you may end up paying tax on some of the pension contribution. Some people are affected by both lifetime and annual allowance issues.

Seagreen can go through all of this with you to dispel some of the myths and help you to make decisions about the best way of providing for your retirement.

Seagreen can help you to understand where you stand financially now and in the future. You may have pensions, investments and cash as well as liabilities such as a mortgage. We can provide a report for you to help you make the most of your hard-earned money. If you need further advice, such as making investments, we can introduce you to a highly-qualified financial adviser.

As a nation we are under-insured. That means that many people have not made sufficient provision to provide money should they die or be unable to work. Often the reason is that the cost of living is very high and people do not have the spare income to take out insurances.

We can help you to understand the need for protection and how it fits into your overall financial plan. If you would like figures for life cover for example, we can introduce you to a highly-qualified financial adviser.

We can also discuss the needs for wills, trusts and powers of attorney and if appropriate introduce you to a specialist legal adviser.

Retiring is a big deal and most people only do it once. There are many financial and wellbeing issues to consider. We have dealt with hundreds of people that have retired and although no two people are the same, we have a wealth of experience which enables us to help you to prepare for retirement. This is not just understanding how much pension and lump sum you are entitled to but other considerations such as discussing how retirement makes you feel and how you intend to spend your time in retirement.

Unfortunately there are people out there who would like to steal your money. Although it is not possible to cover every eventuality, Seagreen can provide you with a framework of what to look out for and how to keep your finances as safe as possible. If you have been offered an investment opportunity you can ask Seagreen to look at this for you and give you our unbiased opinion.

Please bear in mind that many investments are not scams, but even legitimate investments may not be suitable for you because they could be higher risk than you are willing or able to tolerate.

From pensions to ISAs, unit trusts to bonds, we can explain to you what the different kinds of investment products are and whether they may or may not be appropriate for you to consider. When putting your money into any of these you also need to think about the level of investment risk – from cash to stocks and shares. Seagreen can help you to understand what the different products are, outline whether they may be suitable for you and discuss the different levels of investment risk that can be taken.

If you did want to consider investing in any products we can introduce you to a highly-qualified financial adviser.