Financial Freedom starts at Wallstone

At Wallstone, we truly believe that Personal Financial Planning can help you meet your life goals through the proper management of your finances. Life goals may include purchasing a house, saving for university education, planning for retirement or financial independence.

A Financial Plan can help you work out where you are now, what you need in the future and what you must do to reach your goals. In essence a Financial Plan is a ‘Financial Road Map’ which sets out where you want to get to and how best to get there from your current location.

Personal Financial Planning provides direction and meaning to your financial decisions. It allows you to understand how each financial decision you make affects other areas of your finances. By viewing each financial decision as part of the overall plan, you can consider its short and long term effects on your life goals. You can also adapt more easily to life changes and feel more secure that your goals are on track.

The process adopted at Wallstone involves gathering relevant personal and financial information, setting life goals and identifying their financial cost, examining your current financial situation and developing a strategy or plan for how you can meet your goals given your current and future plans.

At Wallstone, we use Financial Planning Software to enable you visualise future cashflow requirements based on your key lifetime goals.

We can help you to answer the BIG questions that interest you most:

Questions like…

• How much do I need to earn, save or sell my business for in order to give me what I want out of life?
• When, precisely, can I afford to stop doing the things that have become a drag…and start to do the things I really enjoy?
• What do I have to do to ensure I NEVER run out of money?
• Exactly what level of investment return do I need to achieve my objectives?

A true Financial Plan is however always a ‘Work In Progress’ as it is constantly changing as our lives change. Hence, a review of the Personal Financial Plan is carried out periodically to monitor your progress towards your goals and to review your situation and adjust the recommendations, if needed, as your changes occur.

See 'Your Financial Bucket ' video

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At Wallstone, we adopt a sensible and a straightforward approach to saving and investing and believe in four key principles;

1. Diversification is key;
2. Risk and return are related;
3. Capital markets work;
4. Costs Matter;

We listen to what each individual is trying to achieve and recommend a suitable portfolio aligned to their goals and objectives.

We can provide you with access to fund managers from around the globe or can organise passive portfolios for those who want to have a more direct input into managing their wealth. For further information, feel free to browse our Investment Process and Philosophy document below or check out our Pension Model Portfolios designed to deliver returns consistent with your attitude to investment risk and return.

Not exactly the most exciting topic in the world, but nonetheless, it's either 'Urgent' or 'Important', depending on what stage in life you are at! At Wallstone, we specialise in helping clients take back control of their retirement arrangements and provide solutions unique to them.

Did you know that you can invest your pension funds directly in commercial or residential property, public or private equity or even gold is at a fraction of cost of a traditional insured arrangement? All this in a tax exempt environment.

We offer a clear, flexible and transparent solution that puts you in control, providing online access to your account and up-to-the-minute portfolio valuations at a very competitive cost. So if you are a small business owner thinking about the future or a highflying professional taking about retiring, you need to talk to us. We will help to answer the big questions like;

Will I be all right?

Can I afford to?

How much is enough?

Wallstone – taking the Pain out of Pensions!

Life Cover

Term assurance provides low cost life and/or serious illness cover for a fixed premium over a specified term of years. The cost and the sum assured remain fixed for the entire term.  At the end of the term the policy simply lapses. Your premiums have produced no monetary return, but they have provided peace of mind both for you and your dependents. There are two main types:

• Level Term
  In this case the sum insured remains the same for the term of the policy.
• Convertible Term
  This provides the same basic insurance cover as level term assurance, but with an option to convert the policy into another type at a later stage without having to undergo a medical examination or additional proof of good health at that time. The extra cost for convertible term compared with level term is typically about 5-10% depending on age and smoking status.

A guide to life insurance cover

Serious Illness

Also known as Critical Illness Cover or Specified Illness Cover it provides a Lump Sum in the event of Critical Illness. A critical illness policy normally pays out a tax free lump sum on the diagnosis of certain specified critical illnesses. Most policies will pay out following the diagnosis of heart disease, stroke, renal failure, cancer, paralysis, major organ transplant and coronary artery bypass surgery as well as a range of other conditions. The financial consequences of suffering a major life changing illness can be very substantial. The one-off payment from this type of policy is designed to help you cope with these costs which will typically include the need to adapt your home or car and/or undertake training for a different occupation.

A guide to serious illness cover

Income Protection

Income Protection is different from Redundancy cover, a s it covers you against an accident or ill health, rather than against losing your job and distinct from Critical Illness as it pays you an income rather than a lump sum.

The amount of benefit that is paid out from an income protection plan is set when the policy is taken out. Benefit can also be called cover or sum assured. There is a maximum benefit which will vary from one insurer to another but is normally around 75% of gross income. The benefit is normally paid monthly to the policyholder after a set deferment period and is not taxable. This type of policy is pure protection insurance so there is no cash in value at any time.

A guide to income protection