To advise a contractor, you must understand the contractor and the contracting market. We work with a number of firms, carefully selected by St. James's Place, whose sole interest is contractors and therefore we feel we are uniquely aware of your needs compared with the average adviser in the market.
Your marketplace is under regular pressure from changes in legislation, IR35 and the HMRC. We know your financial needs and goals will change in line with legislation or market forces.
We understand the contractor mindset and the advice we provide is bespoke to you. Our ongoing reviews ensure your financial plan evolves as your personal requirements or the world around you changes.
Step 1: We sit down with you to understand your needs, goals and personal/professional situation
Step 2: Together we agree your priorities and I then investigate the best way to achieve your requirements
Step 3: The next stage is presenting the advice to you where you agree if you would like to proceed. The advice is covered by the St. James's Place guarantee.
Step 4: Regular reviews are as important as the initial advice to ensure the plan grows/develops/evolves as you and/or your family do.
To achieve the above, we require some time together, after all, the financial plan is built around you! Once it is in place you can focus on your career, your family and your goals, whilst we help make sure your finances remain on track for the future. Giving you peace of mind.
The advice we provide is holistic and can support you across all of your financial requirements from mortgages to savings to pensions to protection to inheritance tax planning.
The value of an investment with St. James's Place will be directly linked to the performance of the funds you select and the value can therefore go down as well as up. You may get back less than you invested.
The levels and bases of taxation and reliefs from taxation can change at any time. The value of any tax relief depends on individual circumstances.
Your home may be repossessed if you do not keep up repayments on your mortgage.
Trusts are not regulated by the Financial Conduct Authority.
You work hard for your money. This can lead to you being time poor. Add in that you have to do so much more than an average employee – negotiate contracts, raise invoices, manage your tax affairs, etc – leaving you limited time to manage your own personal finances.