Wealth means something different to everyone. Whatever you’re looking to do, expert advice could help you.
Through our partnership with Schroders Personal Wealth, we want to give more of our customers access to financial and investment expertise, to help you choose what your financial future looks like.
If you have at least £100,000 in sole annual income, or £100,000 spread across sole or joint savings, investments and personal pensions, they could help you.
Fees/Charges will apply if you take out a product or service.
What is wealth management?
Wealth management is a service built around your needs, with advice tailored to your current situation and future hopes. You can choose ongoing financial advice or opt to receive a one-off service to review your current financial approach in this volatile and challenging economic environment.
How can wealth management help you:
Boost your wealth
Make sure your money is working as hard as you are. Investing your savings could be a way to generate income in the long term. Research shows that getting the right advice could increase your wealth by £47,000 over a decade1.
Schroders Personal Wealth can look at the best ways for you to do this at a level of risk you’re comfortable with. Your investments will be managed by an expert fund manager. They’ll balance your money in a diverse portfolio, including products such as ISAs, General Investment Accounts, bonds and SIPPs.
The value of investments and any income generated from them can go down as well as up and are not guaranteed. You may not get back the amount originally invested.
Planning for retirement
It’s never too early to start thinking about retirement. 44% of retired people rely on the state pension as their main source of income2 . Smart planning can help you enjoy this stage of your life.
Your wealth adviser will help you create a pension plan to suit your needs, so you can reach your retirement goals. Even if things in your life change, Schroders Personal Wealth can adapt your plan to make sure it stays on track.
Inheritance tax help
Forward planning can help make sure it’s your loved ones who benefit most in your will. Your estate could be subject to 40% inheritance tax, over the £325,000 threshold.
Schroders Personal Wealth could help find ways to reduce the amount of inheritance tax they might pay and pass on more of your assets to loved ones or beneficiaries.
Tax treatment depends on individual circumstances and may be subject to change in the future.
Protecting yourself and your family
Financial protection has never been so important.
Your personal financial plan should include making sure you’re protected if you were to become seriously ill or injured, lose your income, or even your life. 50% of customers with protection insurance say they choose to take it out for peace of mind.
Schroders Personal Wealth can help you navigate your options with the aim of ensuring you get the right protection for your individual needs and cover what’s important to you. And we don’t take commission for getting you and your family protected so you’ll only pay the amount it costs for the insurer to cover you.
3 simple steps towards tailored financial advice
Silvia Johnson, Schroders Personal Wealth Adviser
“We’ll take the time to understand your personal goals and financial requirements before creating your financial plan. With ongoing advice, once your plan is in place, we’ll be with you every step of the way to achieve your vision for the future.”
Watch this short video to see how Schroders Personal Wealth can work with you towards your financial goals.
Important legal information
Schroders Personal Wealth is a trading name for Scottish Widows Schroder Personal Wealth Limited.
Halifax is a division of Bank of Scotland plc. Bank of Scotland plc, Registered in Scotland No. SC327000. Registered Office: The Mound, Edinburgh, EH1 1YZ. Bank of Scotland plc is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under registration number 169628.
Eligible investments are protected by the Financial Services Compensation scheme (FSCS). We are covered by the Financial Ombudsman Service.