Smith & Williamson

As life expectancy increases, you need to be sure you are financially prepared not only for your retirement, but also for any care you might need in later life. Tax is likely to represent the biggest financial outlay over the course of your lifetime, yet many of us are simply too busy to dedicate the time required to ensure our tax affairs are in order and we're not paying more than is due.

We've been looking after the financial affairs of private individuals and their families for over a century. We provide an unusually broad prospective to wealth management, bringing together three core sets of skills - those of the investment manager, the financial planner and the tax expert.

Whether you're part of a family business, a professional sports person, an entrepreneur or looking for support for yourself or your family, we will work closely with you to understand your financial goals and ambitions, helping you to plan, build and grow your wealth.As life expectancy increases, you need to be sure you are financially prepared not only for your retirement, but also for any care you might need in later life.

The key to a successful financial future, as with many things in life, is planning. Aligning your needs, your values and your goals with your finances, can give you peace of mind that you're on track to achieve your goals and achieve financial independence.

Our financial planning team can work with you to make informed choices about your short-term goals and longer-term needs, helping to answer questions you might have on issues such as how much you need to retire; tax efficient investing; pensions (tapered annual allowance and lifetime allowance planning), inheritance tax planning as well as paying for care fees in later life.

Constant changes to tax legislation, more onerous reporting requirements and increased risk of investigation mean it's more important than ever that your tax affairs are in order down to the very last detail. Tax is likely to represent the biggest financial outlay over the course of your lifetime, yet many of us are simply too busy to dedicate the time required to ensure our tax affairs are in order and we're not paying more than is due.

Major changes to pension legislation over recent years mean more choice when it comes to retirement. However, a wider range of options brings greater complexity, making it more important than ever to get the advice that's right for you before, at and during your retirement. As life expectancy increases, planning for a retirement that could last a third of your lifetime raises a number of important questions.