Here at Regency Financial Planning · 2020-07-24 · through our elite team of professional advisers supported by a well-trained efficient administrative office team. We ensure that

Here at Regency Financial Planningwe believe in good old fashioned client centredadvice and service. We aim to give every oneof our clients an individually tailored service

to help meet their objectives.

At Regency we place our clients at the heart of the business. We believe that the best way to give personalised financial and investment advice is through our elite team of professional advisers supported by a well-trained efficient administrative office team.

We ensure that our clients receive consistent high quality advice helping them achieve their financial goals. We understand that regular client contact and financial reviews are the key to successful financial planning simply because the world does not stay the same. Your circumstances change. Taxation, regulation and laws change. Financial products change. Regency Financial Planning exists to guide and support you throughout your financial life and respond to these changes.

We work with our clients existing professional advisers and liaise with other specialists and experts, as required, to provide a cohesive wealth management solution. Our structured advice process is designed to help our clients make informed decisions and avoid costly errors.

Our philosophy is simple, to provide a highly personalised service with the aim of “earning the right” to be considered as your trusted financial adviser.

33

ABOUT ST. JAMES’S PLACE

4

St. James’s Place is established as one of the UK’s leading wealth management organisations. As a FTSE 100 company with in excess of £100 billion funds under management, this made St. James’s Place a clear choice for Regency Financial Planning to work with.

St. James’s Place specialise in meeting the financial needs of people who have created significant capital, or who earn higher incomes, and whose circumstances are therefore more complicated than most.

At the heart of the business is the St. James’s Place Partnership, which is the advisory channel for St. James’s Place Wealth Management. This brings together some of the most experienced, able, and highly-regarded professionals working in financial services today. Members of the St. James’s Place Partnership have on average 17 years’ experience in the industry and build long-term relationships founded on trust.

4

OUR DISTINCTIVE APPROACH TO INVESTMENT MANAGEMENT

Successful investment, whether it is in the form of pension provision, capital creation or income maintenance, is critical to your future well-being, but it is a field which presents a unique challenge as future performance is unpredictable.

Unlike most other financial services companies, St. James’s Place do not employ in-house fund managers because we believe that no single investment house has a monopoly of investment expertise. Instead, a number of respected external investment houses are carefully selected to look after our range of funds.

The cornerstone of this approach is the Investment Committee, which is advised by a number of independent external consultancies.

The Investment Committee has the responsibility of selecting, monitoring and changing external fund managers. The Committee meets quarterly to review performance and consider detailed reports from each external firm. If a change in the market place calls for the addition of another firm, the Committee will select one. If the Committee loses confidence in the ability of an existing firm of managers it will replace them, without any tax implications or charges to the client.

This approach provides the flexibility to respond to market conditions as they change and the certainty that St. James’s Place are employing the best fund managers.

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.

5








55








5








5

6

OUR WEALTH MANAGEMENT APPROACH

The wealth management service that we offer to our clients comprises of five stages;

1. Review Meetings (Initial and on-going) – This is a face-to-face meeting withoutobligation to you. We use the meeting to understand what is important to you.Our priority is to develop a deep understanding of your goals and objectivesto ensure we can offer you appropriate solutions that fit perfectly with yourfinancial requirements.

2. Analysis and Evaluation – Expert analysis and evaluation in order to identifyareas where we can assist you in achieving your goals or where we believe we canadd value to your existing arrangements. When undertaking this review we willalso take into consideration your attitude to risk and stated objectives.

3. Planning Meetings and Recommendations – Once we have completedour analysis and research we will meet with you to discuss our bespoke,recommended solutions, which will be designed to satisfy your personal financialobjectives. Some recommendations may address the current needs that havearisen through our research whilst others may aim to develop your existing plans. Either way, we will look to help you obtain the best possible returns on yourmoney. Recommendations are always confirmed in writing and supported bypersonalised illustrations and key facts documentation.

4. Implementation – Once you are happy with our recommendations ourexperienced administrative team will ensure they are efficiently implementedas agreed.

5. On-going review and client service charter – As future needs and objectiveschange over time we believe that a fundamental part of effective wealthmanagement is regular face-to-face reviews of your arrangements. Only in thisway can we ensure that our recommendations and advice remain ‘fit for purpose’. We work hard to understand the specific needs of each of our clients and todevelop a bespoke service charter as outlined overleaf.

66

OUR WEALTH MANAGEMENT APPROACH

The wealth management service that we offer to our clients comprises of five stages;

1. Review Meetings (Initial and on-going) – This is a face-to-face meeting withoutobligation to you. We use the meeting to understand what is important to you.Our priority is to develop a deep understanding of your goals and objectivesto ensure we can offer you appropriate solutions that fit perfectly with yourfinancial requirements.

2. Analysis and Evaluation – Expert analysis and evaluation in order to identifyareas where we can assist you in achieving your goals or where we believe we canadd value to your existing arrangements. When undertaking this review we willalso take into consideration your attitude to risk and stated objectives.

3. Planning Meetings and Recommendations – Once we have completedour analysis and research we will meet with you to discuss our bespoke,recommended solutions, which will be designed to satisfy your personal financialobjectives. Some recommendations may address the current needs that havearisen through our research whilst others may aim to develop your existing plans. Either way, we will look to help you obtain the best possible returns on yourmoney. Recommendations are always confirmed in writing and supported bypersonalised illustrations and key facts documentation.

4. Implementation – Once you are happy with our recommendations ourexperienced administrative team will ensure they are efficiently implementedas agreed.

5. On-going review and client service charter – As future needs and objectiveschange over time we believe that a fundamental part of effective wealthmanagement is regular face-to-face reviews of your arrangements. Only in thisway can we ensure that our recommendations and advice remain ‘fit for purpose’. We work hard to understand the specific needs of each of our clients and todevelop a bespoke service charter as outlined overleaf.

OUR ONGOING RELATIONSHIP WITH YOU

We commit to provide you with a tailored wealth management service, designed to meet your specific needs and deliver it through;

• Face-to-face reviews at regular intervals agreed at outset, managed by us.• Annual Wealth Account summary. • Quarterly Investor Magazine – a quarterly publication that includes features

and interviews with fund managers and clients (also available online).• Online account access via our website. To register for this service

please visit our website www.regencywealthltd.co.uk click on‘existing clients’ and register.

• Budget summary reports and tax focus cards.• Invitations to appropriate events and seminars, your suggestions

are always valuable and your guests are always welcome.• E-Briefing Service – email communications delivered directly to you

on a daily, weekly, monthly or quarterly basis. You select your personalareas of interest from a range of topics. To register please visitwww.regencywealthltd.co.uk

• Half yearly report from the Investment Committee.• Regular topical briefing notes.• My Documents service – to capture and consolidate all your financial details

in one document, for the benefit of your family and professional advisers.

The service charter provides the fundamental stepping stones to building a strong and enduring relationship with our clients.

HOW WE CAN HELP YOU

We advise on many aspects of wealth management, helping individuals of widely differing financial resources or life stages. This includes access to the exclusive range of St. James’s Place products, which offer many important benefits. Perhaps the most remarkable is our distinctive approach to investment management. We also able to assist businesses in the increasingly complex area of corporate financial planning.

We can offer you the benefit of a single relationship to meet all your financial needs and give you reassurance by planning for your long-term security. We will work closely with you to create a financial strategy personalised to the specific needs relevant to you, your family or your business.

Your home may be repossessed if you do not keep up repayments on your mortgage.

8

Trusts are not regulated by the Financial Conduct Authority.

EMPLOYEEBENEFITS

LONG-TERMCARE

LIFEASSURANCE

FINANCIALPROTECTIONAGAINST RISK

MANAGING CASH &

BORROWINGS

BUILDING & PRESERVING

CAPITAL

INVESTMENTS

PENSIONS & PENSION ANNUITIES

TRUST & ESTATE

PLANNING

CASHSAVINGS

MORTGAGES

HEALTHINSURANCE

PORTFOLIOMANAGEMENT

SPECIALISTBANKING &LENDING

SPECIALISTINSURANCE

8

INVESTMENT PLANNING APPROACH

Reliable wealth management advice and creating the right investment strategy are crucial elements in securing your future financial well-being. Whether you are looking to invest for income or growth, we can provide the quality advice, comprehensive investment solutions and ongoing service to help you achieve your financial goals. St. James’s Place’s carefully constructed, risk-rated portfolios enable you to spread your investments across a wide range of global asset types and choose fund managers with different investment styles to create a balanced and diversified investment solution.

This list below indicates the areas we are able to help with:• Investing for Income – With interest rates at historically low levels,

investors should consider alternative ways to invest for income.• Growth and Income Portfolios.• ISAs.• Junior ISA – Can help give youngsters a head start and an introduction to

the importance of saving.• Discretionary Fund Management – A range of complementary investment

solutions are available.• Investment Bonds – Investment Bonds offer access to a wide range of asset

classes, as well as a range of benefits designed for simplicity and tax efficiency.• Unit Trusts – Unit Trusts provide a range of solutions for medium to long-

term capital growth and income.• Offshore Investments – A range of offshore, tax-efficient investment solutions.

The value of an investment with St.James's Place will be directly linked to the performance of the funds selected and may fall as well as rise. You may get back less than the amount invested.

An investment in equities will not provide the security of capital associated with a deposit account with a bank or building society.

The levels and bases of taxation and reliefs from taxation can change at any time and are generally dependent on individual circumstances.

9












9












9












9 9

PLANNING FOR YOUR RETIREMENT

Regardless of the life stage you have arrived at, it is important to receive expert and professional advice on your pension plans and requirements. Whether you need to set up or review existing retirement planning strategies, for you or your employees, we have ways to help you make the most of your retirement opportunities.

• Aiming to maximise your Pension Fund – For high earners, thereare plenty of opportunities to fund pensions, despite thecurrent Lifetime Allowance of £1 million.

• Planning your Retirement – Helping you to plan for yourretirement is a large part of our business.

• Nearing Retirement – When approaching this life stage,the right type of advice can make a huge difference.

• Self-Invested Pension Plan – Self-Invested Pension Plans (SIPPs)give a much greater range of investment options than mosttraditional pension plans for more sophisticated investors.

• Employed – Planning your retirement with us puts you incontrol, so that you can be confident about your future pension.

• Employer – We work closely with employers to ensure theyunderstand the pension requirements for their business.

• Self-Employed – Expert and professional advice, which focuses onyour requirements, is extremely important when self-employed.

• Trustees – We understand the priorities and concerns that facetrustees and have a number of solutions that can help.

The value of an investment with St. James's Place will be directly linked to the performance of the funds selected and may fall as well as rise. You may get back less than the amount invested.

The levels and bases of taxation and reliefs from taxation can change at any time and are dependent on individual circumstances.

CREATING A TAX EFFICIENT FAMILY STRATEGY

We believe in using non contentious tax planning to help you maximise the return on your capital and minimise the impact of all the taxes on your wealth. We work with your professional advisers to help ensure your accountant, personal tax adviser and solicitor are all working together to develop a long-term plan that is tax efficient. There are many legitimate tax planning opportunities that are available to professional financial advisers, which we will advise you on and suggest suitable plans that meet your long-term objectives – this is where our skills really makes a difference to you and your family.

St. James’s Place due diligence process on investments and tax privilege investments is to the highest standard, which you would expect for a FTSE 100 company. We have a wealth of expertise in supporting and advising clients to help make the most of the tax privileged arrangements when:

Reducing the impact of capital gains tax Gifting surplus income and capital

Gifting to children and grandchildren

Charitable giving

Mitigating inheritance tax

Developing the family pension fund

Tax efficient trust investment strategies

Cascading wealth to the future generations

LEAVING A LEGACY

Many of our clients have surplus income or capital built up over a lifetime. They have achieved their main goal in life to help their children/grandchildren to be financially independent and are unsure what to do with surplus income or capital assets. This is where our Philanthropy service can be of real value. We can help set up your own charity that will make grants to the charity or charities of your choice, something that you feel strongly about.

There are additional tax benefits that you will enjoy - inheritance tax free assets, reclaiming income tax relief and for assets that are pregnant with gains you can transfer into your charity so that your charity benefits from the full value of the asset on sale.

We can also help you create a work environment where the staff can give from their salary into your charitable trust making everyone in the workplace feel part of a worthwhile cause. We will invest and manage the assets and you can play a passive or active role in your charity. Your legacy can continue benefitting good causes long after your passing.

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.

12

LEAVING A LEGACY

Many of our clients have surplus income or capital built up over a lifetime. They have achieved their main goal in life to help their children/grandchildren to be financially independent and are unsure what to do with surplus income or capital assets. This is where our Philanthropy service can be of real value. We can help set up your own charity that will make grants to the charity or charities of your choice, something that you feel strongly about.

There are additional tax benefits that you will enjoy - inheritance tax free assets, reclaiming income tax relief and for assets that are pregnant with gains you can transfer into your charity so that your charity benefits from the full value of the asset on sale.

We can also help you create a work environment where the staff can give from their salary into your charitable trust making everyone in the workplace feel part of a worthwhile cause. We will invest and manage the assets and you can play a passive or active role in your charity. Your legacy can continue benefitting good causes long after your passing.

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.

1212

Assurance is an essential aspect of a robust and sound financial planning. Whilst inadequate financial planning in other fields can prove to be an expensive mistake, a lack of foresight with respect to protection against risk, can have sudden and devastating consequences.

We assist you in determining and establishing both adequate levels of assurance and appropriate kinds of cover to protect you and your family against all the most serious risks that you face, specifically risks to your assets, income and financial obligations. Although the value of protecting against risk is most often considered in the context of individuals’ private circumstances, it has an equally important role to play in protecting companies’ interests, their shareholders and employees.

We offer specialist advice in this field, providing cover in the event of death or serious illness of key individuals, to fund necessary changes in the business or its ownership. We are well-prepared to deal with exceptional assurance needs, such as unusually high levels of life cover needed to protect estates from Inheritance Tax or to protect business assets.

PROTECTING YOUR WEALTH

Running a business today takes a great deal of hard work and commitment. The pressures of maintaining the pace in a competitive market mean that the future well-being of the business tends to take priority over the time spent on planning your own financial objectives. As well as the challenges you face in the day-to-day running of your business you will also need to consider:

• Creating financial independence from your business.• Ensuring cash assets in the business are invested with the

aim of maximising returns and tax efficiency.• Compliance with ever-changing employer legislation

e.g. Auto-Enrolment.• Establishing an effective exit or transition strategy. This may

include the referral to a service that is separate and distinct tothose offered by St. James's Place.

• Structuring your remuneration tax efficiently and cost effectively.• Arranging appropriate agreements and insurance with your fellow

shareholders to resolve disputes and maximise tax efficiency• Identifying and mitigating the liabilities that could be created

by the loss of the key person.

Rising to these challenges and continuing to run your business successfully isn't an easy task. That is why, by taking time to understand your business, we can help you meet your aims, so you can concentrate on what you do best - managing your business.

The value of an investment with St. James's Place will be directly linked to the performance of the funds selected and may fall as well as rise. You may get back less than the amount invested.

The levels and bases of taxation and reliefs from taxation can change at any time and are dependent on individual circumstances.

14

OUR SERVICE FOR CORPORATE CLIENTS

14












9

I I

11

YOUR PERSONAL GUARANTEE

St. James's Place guarantees the suitability of the advice given by members of the St. James's Place Partnership when recommending any of the wealth management products and services available from companies in the group, more details of which are set out on the Group's website at www.sjp.co.uk/products.

This quite simply gives you reassurance and peace of mind when planning your financial future.

� � I I

I I

Regency Financial Planning is a trading name of Regency Wealth Ltd and is an Appointed Representative of and represents only St. James's Place Wealth Management plc (which is authorised and regulated by the Financial Conduct Authority) for the purpose of advising solely on the

Group's wealth management products and services, more details of which are set out on the Group's website www.sjp.co.uk/products. The title Partner Practice’is the marketing term used to describe St. James's Place representatives.

12/18

Unit 6 Calder Close, Calder Park, Wakefield, West Yorkshire, WF4 3BA

T: 01924 666600 E: [email protected]