our services

WE PROVIDE BESPOKE FINANCIAL ADVICE TAILORED TO YOUR INDIVIDUAL NEEDS.

We cannot stress enough the importance of financial planning to maximise and protect your money.

WE PROVIDE BESPOKE FINANCIAL ADVICE TAILORED TO YOUR INDIVIDUAL NEEDS.

We cannot stress enough the importance of financial planning to maximise and protect your money.

MORTGAGES

INVESTING YOUR MONEY

CORPORATE ADVICE

PROTECTION

INHERITANCE TAX

TAX PLANNING

PENSION AND RETIREMENT

BESPOKE HNW ADVICE

TRUSTS

Mortgage Advice

We are here to help you purchase that dream home.

Mortgages can be complicated, we are here to help! We provide whole of market mortgage advice doing the research and securing you the right product for you. We can even help clients who are self employed or who have adverse credit.

Mortgage Advice
Buying a property in the UK can be difficult, problematic and incredibly stressful. It is vital to obtain expert advice and to find a financial adviser who specialises in mortgages. We provide comprehensive mortgage advice for clients around the UK and can advise people in all situations: from people who have the perfect credit score, to people with CCJ’s and missed payments.

Common questions people ask before deciding to buy a house:

Our extensive knowledge collected over the past 15 years can help you with all these enquiries so please contact us for a free initial consultation; we are happy to help.

Eligibility – You may not consider yourself eligible for a mortgage application or you choose not to apply because of bad credit or CCJ’s.
We can help answer the following questions:

  • Can you get a mortgage on benefits?
  • Mortgages for self employed?
  • What is a good credit score uk?

Types of Mortgages
There are many different types of mortgage so whatever your needs and circumstances we can help find you the perfect mortgage to suit you;
Frequently asked questions from previous clients:

  • Saving for a mortgage – how much am I going to need for my deposit?
  • Gifting money for house deposit – I wish to gift a sum to my children for
    their first deposit, how much can I gift them?
  • Buying a new build – there is a new development being built near me,
    what is involved with new build properties?

In order to answer these questions, we will conduct a comprehensive “fact find” with you so that we can advise you fully as to your best options given your personal circumstances.


First Time Buyer
Buying your first home is possibly the biggest purchase you will ever likely make. It is a huge milestone in anyone’s life and we are here to help you through the journey. We offer clear and straightforward advice to help you understand the purchasing process from beginning to end. We will always make sure that your mortgage is affordable for you and can help with budgeting plans to ensure you can adapt to living in your first home. We will always ensure you get the most appropriate mortgage for your own personal circumstances. Purchasing you first home is a big part of your life, just give us a ring to see if we can help, we do not charge frees up front and offer a no obligation service, therefore if we can’t help it won’t cost you a penny to enquire.

Re-Mortgaging
If your current deal is coming to an end on your mortgage, it is very important to seek a new deal, especially in today’s economic climate. Not only will you be paying more to your existing lender if you do nothing, but with all the current uncertainty about the future of the economy, you may be at risk of paying even more should interest rates rise.We can help find the most suitable new deal for you from the whole of the market, and also make sure you receive the appropriate advice to ensure your mortgage remains appropriate for your own personal circumstances. If you don’t remortgage your home at the end of your agreed rate, you will automatically move onto the lenders Standard Variable Rate. which is usually much more expensive. Being proactive about Re-Mortgaging can save serious money over the long term.

Buy-To-Let
Whether you’re a professional landlord or looking to buy your first investment property, we can help find the right deal for you. We can offer various mortgages from standard residential, commercial letting and HMO’s, and we also have many lenders that we can use who have no minimum income requirements. We can also help to ensure that your investment property provides returns in the most tax efficient way for you. Commercial mortgages are available by referral to a master broker only.

Further Advance
If moving home is not for you but you would like to improve or extend your current property, we can help you borrow more from your existing lender. It’s not just home improvements that may lead you need to borrow more against your existing property though. We can also help if you need to borrow more for other reasons, such as to purchase a second property, consolidate unsecured debts to help reduce your outgoings, and many other reasons.

Think carefully before securing debt against your home, your home may be repossessed if you do not keep up repayments on your mortgage.

The Financial Conduct Authority do not regulate buy to let and commercial mortgages.

Protection

Family, Finance, Future… Protecting you and your family.

A comprehensive range of insurance policies to protect you and your family in the event of sickness or death. This is a good way to make sure your family stay financially secure if something happened to your main source of income.

We are all familiar with insurances to protect our homes, possessions and even our cars, but the type of financial protection that may benefit you the most is to insure yourself. Having life insurance is the most common type of personal protection, however there are many different forms we can offer which can assist you in times of hardship.

Life Insurance
The most frequently asked question we get asked is “do I need life insurance?”. The simple answer is yes. The average life insurance cost uk is minimal compared to other monthly expenses but the benefits of having a life policy in place is huge. The purpose of life cover is to make a tax-free payment when you pass away. This payment can be made almost immediately after death and can help bereaved family members in making necessary arrangements. The most common type of life cover is taken out to cover debt (such as a mortgage), but there are various forms of life insurance available, all with different applications. Some may pay out on a regular basis to cover childcare costs and others may pay out a lump sum to help mitigate an Inheritance tax liability.

A common mistake made by many people is that they don’t write their life cover into trust, which can mean that when the policy pays out, it is paid into the estate rather than a specific beneficiary, which can cause delays in getting the money to the person who really needs it, or even create an Inheritance tax liability! At RWB Wealth
we can help you find the most appropriate solution for you, including placing any polices into the appropriate trust.


Critical Illness Cover
We are frequently asked – “What is critical illness cover and should I have it?” If you were to become seriously unwell or involved in a life-changing accident and were unable to work again, this can sometimes have a greater impact on you and your family than loss of life. This is because you are no longer able to work and therefore provide an income for you and your family, but you would still have living expenses. Furthermore, there may be additional costs involved in modifying your home. This is the situation where Critical Illness Cover aims to provide you with the financial security needed at such a difficult time, again either via a lump sum taxfree payment or regular tax-free payments.


Income Protection
Most of us are entitled to sick pay from our employer. The amount we can be entitled to and for how long can vary considerably from employer to employer. The affect is felt strongest by the self-employed who do not have any sick pay at all. If you were off on long term sick for any reason then there may be a shortfall in your income after your sick pay finishes, which can quickly put a large financial strain on your household. An Income Protection policy is designed work around your sick pay to ensure you have a long-term income in place to help pay your bills, should the need arise.
Common questions:

  • How much is life insurance?
  • Life insurance for mortgage – is this worth it?
  • Decreasing term life insurance – who is this for and is it worth it?

 

Pension and Retirement

We will help you achieve the retirement you have worked for.

We offer a full pension review service together with comprehensive retirement planning so you can retire with the lifestyle that you choose. It is never too early to start retirement planning; the sooner the better. We can even help if you are near or have already reached retirement.

It doesn’t matter if you are 40 years away from retirement, retiring tomorrow, or already parked in your lounger with your slipper-clad feet propped on the footstool…we can help you. We offer a full pension review service to provide comprehensive guidance on what your needs are and what you specifically want for your retirement.

Retirement Planning
For most people, state pension is not going to be enough to support their standard of living when they come to retire. Even if you have a private or a company pension too, this still may not be enough to provide a suitable standard of living in retirement. This is where we can help. As part of our comprehensive pension review service we can provide pension forecasting, which can help you to understand how much income
you would be likely to need at retirement. We can then help you understand whether you need to contribute any more towards your retirement plans to help you reach your income goals, and the most appropriate way of doing it.


Reaching retirement and confused about your options?
With the recent changes in pension rules many people are unsure of what option would be best for them at retirement. At RWB Wealth we can look at your current circumstances and discuss your retirement needs in depth. From here we can provide advice on how best to access your pension, whether it be taking a lump sum, purchasing an annuity (swapping your pension pot for an income for life), or moving your pension into drawdown, as well as other potential options.


Children’s Pensions
Our full pension review service even includes your children and their future needs. Children receive tax relief on pensions, this means on an annual basis you can investment £2880 into the pension and the government will contribute tax relief at 20% net, this means a total of £3,600 will be invested (more can be invested but tax relief is only available up to this amount). Investing in the early years, even from birth, means that with over 65 years of compound growth your child/grandchild could have a substantial pension pot to be able to enjoy their retirement; and don’t forget, anyone can pay into a child’s pension not just their parents.


Pension Needs
It is never too early to start contributing towards a pension. In fact, the earlier you start paying into a pension the less you will need to contribute on a monthly basis to ensure you have sufficient funds to have a happy retirement. At RWB Wealth we offer a free initial consultation to discuss your pension needs, so why not contact us today and see how we can help.


Family Separation/Divorce
If the unthinkable happens and sadly your family separates it is vital that you obtain financial advice on the impact of your future retirement plans. The issue of pensions can become a contentious issue within divorce proceedings so it is vital that you conduct a full pension review to ascertain and protect your pension(s). We can advise you on how to protect your pension in a divorce uk and offer a full pension review service to assist you.

Investing your money

We will make your money work for you.

A comprehensive range of investments to make your money work hard for you. This can include ISA’s, OEIC’s, Bond’s and other investments, which may be suitable. Don’t let the value of your money be eroded by inflation; give us a call for a free consultation.

As financial advisers we cannot stress enough the importance of financial planning and finding the best financial advisers Cardiff has to offer. If you want to build your wealth or protect your existing wealth for the long term, you should consider investing some of your money (we always recommend keeping enough cash available to cover any potential emergencies). Investing your money will allow you to invest in certain vehicles that have the potential to earn better rates of return than money held as cash. This can be an important consideration because money held in cash can be eroded by inflation, which can significantly reduce the buying power ofyour money over time.

Another important factor to consider is that certain investment vehicles carry tax advantages. For example, money invested into an ISA will grow free from capital gains tax and income tax. By holding your money in cash, you are missing out on opportunities to increase your financial strength. We understand that investments carry risk that often discourages people from considering investing their money. However, there are many different investment options available, all of which carry differing amounts of volatility, from low to high-risk.

At RWB Wealth our commitment to you is to ensure that our advice is totally tailored to your individual needs and life goals, and we will always ensure you fully understand any advice we give, and the associated risks.

Common Question:

Please see our FAQ’s page for more info.

Inheritance Tax

Family, Finance, Future… Protecting your legacy.

After allowances, inheritance tax is currently at 40% for the UK. We provide
solutions and products that can significantly maximise tax efficiency and decrease the amount of tax to be paid.

The only two things that are certain in life are death and taxes, and unfortunately, Inheritance tax covers both.

Did you know that after all useable allowances, Inheritance Tax is charged at 40% (36% if a certain amount of your estate is left to charity)?  When you pass away, if your estate is worth over £325,000, the excess above this may be liable to an Inheritance tax charge (you may also qualify for additional Property Relief, known as the residence nil rate band). The inheritance tax threshold has not changed since 2010/11 and there are no plans on changing it any time soon. This means that due to inflation, the real threshold has been coming down and so more and more people are now being caught by the “death tax”.
Most of the Inheritance Tax collected does not come from the landed gentry but is coming more and more from the average person who never realised they were going to be caught by it.
I’m sure you will agree that after paying tax for most of your life, the last thing youwant is to pay even more tax when you pass away, rather than leaving it to your loved ones. Future tax liability can be discussed at length and be a part of your long term financial plan. We cannot emphasise more strongly the importance of financial planning for now and in the future and how crucial it is to secure expert financial advisers Cardiff to explain the complete financial planning process.
At RWB Wealth we can fully assess your circumstances and if you have a potential Inheritance Tax liability, we can recommend various solutions to help reduce or even remove any liability. This means all of your wealth can be passed on to your loved ones.

 

Bespoke HNW Advice

High Net Worth.

At RWB Wealth we offer a comprehensive, discrete and tailored solution to high net worth clients. We can help with tax planning and discretionary fund management to provide you with an investment strategy bespoke to your individual needs and circumstances. Our private banking services offer a more exclusive subset of
wealth management.

 

Corporate Advice

Providing advice for businesses big and small.

We provide tax efficient and financial planning uk for Businesses. The size of your firm is irrelevant; most companies will have some financial need. Whether or not itis for pensions, or it is to provide you with an income if you can’t work.

Business Advice
Whether you have many employees or are self-employed, we can help ensure you and your business are appropriately protected against the unforeseen. Your business may be highly dependent upon a single person and their loss could cause your business to struggle, or even force it to close. If you have a large business with several employees, you may need to provide a group policy for your employees in case of illness. We can also help ensure your business is taking advantage of any potential tax incentives available to you via certain protection policies.

At RWB Wealth you will be allocated a personal financial advisor who will advise you of all the costs associated with your needs and products. Costs are determined by the complexity of the investment and the time taken to complete the task/product. RWB Wealth will explain the importance of financial planning and will always provide the most tax efficient strategy for your business.

Tax Planning

We provide a comprehensive range of solutions to provide the most tax efficient outcomes to your investment, income and business. This includes but is not limited to: Income Tax, Capital Gains Tax, Inheritance tax and more.

Tax can be complicated, especially if you are in a higher rate tax band. There is not one simple solution to reduce tax; therefore advice is completely tailored for each individual. Get in touch to see how we can help you.

Income Tax
If you are employed, Income Tax is paid when you receive your salary and the amount you pay depends on how much you earn. Certain employee benefits can affect the amount you will need to pay and so can offer tax advantages especially in the case of company cars and pension contributions.

All employers are now expected to offer their employees a workplace pension and as pension contributions are deducted before Income Tax is applied, increasing your pension contributions can be especially beneficial for higher rate tax-payers.

Capital Gains Tax
When you sell an asset for a higher value than you paid, you are charged tax on the profit you make. The main reasons you may be expected to pay Capital Gains Tax are if you are selling a property other than your main residence, if you have made money on selling shares or if you are selling certain possessions.

There are a few ways to reduce the amount of Capital Gains Tax you may owe:

  • Utilise your Capital Gains Tax allowance.
  • Offset previous losses against current gains.
  • Transferring assets to your spouse

Capital Gains Tax
The only two things that are certain in life are death and taxes and Inheritance tax is both. When you die, if your estate is worth over £325,000, your estate may be charged an Inheritance tax. This limit has not changed since 2010/11 and there are no plans on changing it any time soon. This means due to inflation, the real cost has been coming down and so more and more people are now being caught by the “death tax”.

Most of the Inheritance Tax collected does not come from the landed gentry but from the average person who never realised they were caught by it. We can fully assess your circumstances and recommend various solutions if you are liable to pay Inheritance Tax on your estate. You may be asking: How much does a financial advisor cost? At RWB Wealth you will be allocated a personal financial advisor who will advise you of all the costs associated with your needs and products. Costs are determined by the complexity of the matter and the time taken to complete it. RWB Wealth will explain the importance of financial planning and will advise on what is best for you at all times.

 

Trusts

A trust is a legal deed that ensures an asset placed inside it is treated in a specific way for taxation and access purposes.

It is created when a person (known as the settlor) passes an asset to another person/persons (the trustee/trustees) to hold for the benefit of a third person/ persons (the beneficiary/ beneficiaries). By using a trust, the asset placed stays outside your estate (certain timescales apply depending on what asset is placed into the trust). This benefits you because:

  • It helps to reduce any potential inheritance tax liability.
  • The money/asset goes quickly to the right person because it is outside of your
    estate and so avoids any probate delays.
  • If you do not have a will the State decides who benefits from your estate, and because a trust places the asset outside of your estate, this cannot happen.
  • The money is not available to any of your creditors who only have access to your estate.

We strongly urge all our clients to consider this option, especially for most life cover policies.

WILLS

Leaving a Will is the only way you can be sure the right person will inherit your estate. Don’t assume that all of your estate will automatically pass onto your spouse, because in many circumstances this is not the case.

If you do not have a Will, intestacy laws, which vary between countries (including Scotland) will dictate who inherits your estate. This can take a long time to resolve. Key considerations that influence the law’s decision on who inherits your estate if you don’t leave a valid Will are:

  • The value of your estate.
  • Whether you have children.
  • If you are married.

Leaving a Will ensures that children or dependants are looked after in accordance with your wishes.
Although we don’t offer a Will writing service at RWB Wealth, we strongly recommend everyone has an up to date Will.

The Financial Conduct Authority do not regulate trusts and wills.
Will writing is not part of the Quilter Financial Planning offering.

JUST ASK US…

We’re here to help you with any of your questions. If you’d like to contact us or have a query, please fill in the form below and we’ll get back to you.

 

CONTACT US

Have any questions? Want to know a little more? Just give us a message and we will let you know if we can help.

 

 T: 02921 990115 

E: [email protected]

 

 RWB Wealth Ltd
 Sophia House
 28 Cathedral Road
 Cardiff
 CF11 9LJ

© Copyright 2020 RWB Wealth - RWB Wealth Limited is an appointed representative of Quilter Financial Services Limited and Quilter Mortgage Planning Limited which are authorised and regulated by the Financial Conduct Authority. Quilter Financial Planning Limited and Quilter Mortgage Planning Limited are entered on the FCA register (https://register.fca.org.uk/) under references 440703 and 440718. The guidance and/or advice contained within this website is subject to the UK Regulatory Regime and is therefore targeted at consumers in the UK.
RWB Wealth Ltd is registered in England and Wales, Company Number: 11978941. Registered Address: RWB Wealth Ltd, Sophia House, 28 Cathedral Road, Cardiff, CF11 9LJ

Site by Treganna Design

JUST ASK US…

We’re here to help you with any of your questions. If you’d like to contact us or have a query, please fill in the form below and we’ll get back to you. 

CONTACT US

T: 02921 990115 
E: [email protected]

RWB Wealth Ltd
Sophia House
28 Cathedral Road
Cardiff
CF11 9LJ

© Copyright 2020 RWB Wealth - RWB Wealth Limited is an appointed representative of Quilter Financial Services Limited and Quilter Mortgage Planning Limited which are authorised and regulated by the Financial Conduct Authority. Quilter Financial Planning Limited and Quilter Mortgage Planning Limited are entered on the FCA register (https://register.fca.org.uk/) under references 440703 and 440718. The guidance and/or advice contained within this website is subject to the UK Regulatory Regime and is therefore targeted at consumers in the UK.
RWB Wealth Ltd is registered in England and Wales, Company Number: 11978941. Registered Address: RWB Wealth Ltd, Sophia House, 28 Cathedral Road, Cardiff, CF11 9LJ

Site by Treganna Design