IDFM Financial Planning

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How do I ensure I achieve
all my personal objectives?

Financial Planning

Most people are struggling to keep on top of their personal financial affairs due to the pressures of modern day life.

Inevitably shortcomings in the personal financial planning occur often with very serious consequences.

IDFM (City) Ltd aims to alleviate this problem by employing our ‘Personal Financial Planning Programme’.

The ‘Personal Financial Planning Programme’ aims to assist you to achieve your objectives.

How do I protect myself and my family
against the unforeseen?

Retirement Planning Programme

Retirement Planning aims to ensure that you have enough money to sustain or improve your lifestyle at a time of your choosing.

IDFM take an innovative, unique and holistic approach to ‘Retirement Planning’.
Using interactive ‘Lifetime Cashflow Modeling’ software we can clearly illustrate how your ‘Retirement Planning’ works.
Using ‘what if’ scenarios we can model other possible outcomes.
We build lifetime relationships with our clients.
We are committed to delivering impartial ‘Retirement Planning’ advice by operating a transparent fee-based charging structure.

Typical solutions include the following:

We believe our approach to ‘Retirement Planning’ could be of immense benefit for you and your family so please contact us to arrange a Discovery Meeting with a Planner.

Options at Retirement

'Equity Release' includes home reversion plans and lifetime mortgages. To understand the features and risks, ask for a personalised illustration. For Equity release we act as introducers only,

'For Drawdown and other alternative retirement options we act as introducers only.'

Options at retirement aims to ensure that you have enough money to sustain or improve your lifestyle at retirement.

IDFM take an innovative, unique and holistic approach to 'Options at Retirement'.
Using interactive 'Lifetime Cashflow Modeling' software we can clearly illustrate how your 'Retirement Planning' works.
Using 'what if' scenarios we can model other possible outcomes.
We build lifetime relationships with our clients.

We are committed to delivering impartial 'Retirement Planning' advice by operating a transparent fee-based charging structure.

Typical solutions include the following:

We believe our approach to 'Retirement Planning' could be of immense benefit for you and your family so please contact us to arrange a Discovery Meeting with a Planner.

Protection Programme

The following aspects of your protection strategy will be covered:

Life cover

Life Cover	Level Term	Decreasing Term	Family Income Benefit	Whole of Life
Insuring the basics
Is it designed to cover a mortgage?	Interest only mortgage	Repayment mortgage
What is the maximum age you can hold a plan to?	Normally 70	Normally 70	Normally 70	No limit. The plan ends when you die
Is it designed to provide a lump sum for loved ones?			No Pays an income till the end of the plan
Is it designed to provide an income for loved ones?
Does the amount of cover stay the same during the plan?		It decreases over the term of the plan broadly in line with your mortgage	Unless you choose to increase it at outset	Unless you choose to increase it at outset
Can you increase the amount of cover during the plan?				Under some circumstances
Is the cover for a fixed term?	You decide the term of cover	You decide the term of cover	You decide the term of cover	Cover lasts for the rest of your life
Does the plan have a cash-in value?				There may be a cash in value under certain circumstances

Critical illness cover

Do I really need Critical Illness Cover?

What if it did happen to you? Imagine if you were critically ill and unable to work for a long time…… could you manage financially?

If you have critical illness cover, it means that the policy could provide a cash sum to help you and your family financially if you were be diagnosed with one of the specified critical illnesses.

Why do you need critical illness cover?

Critical illnesses are more common than people tend to believe and can affect anyone at any time. A number of critical illnesses are being diagnosed at a younger age.
Approximately 89,000 people under the age of 65 will have a heart attack in the UK this year. Up to half of these people won’t return to work.1
The most common cause of cancer for men aged between 20-39 is testicular.2
Around 125 women are diagnosed with breast cancer every day in the UK.3

1  Source: British Heart Foundation 2005
2  Source: Cancer Research UK August 2010
3  Source: Cancer Research UK March 2010

Income protection

Income protection may be more important than you think. With income protection in place, you'll have peace of mind knowing that we can help you cope financially if you can't work due to illness or accidental injury. Mortgage payments and household bills ... your family will be grateful if income protection is in place to help take care of these costs.

You may not think income protection is for you, but to find out - why not ask yourself a couple of simple questions?

Do I really need Income Protection?

Your outgoings will not stop just because your income does. If you were sick or accidentally injured tomorrow, and couldn't work, how would you cope with the bills that arrive next week?

Income Protection helps you protect your financial commitments, and the monthly payments are tax-free under current tax rules.

Why should I protect against something that may not happen?

It's important to plan for the unexpected. Imagine being involved in an accident, or suffering a long period of illness that prevents you going to work. According to the Department of Work and Pensions, over 2.6 million people were claiming incapacity benefits as at February 2010 - your need for income protection may be greater than you think.

With a mortgage or rent to pay, monthly outgoings (such as loans or credit cards), and family responsibilities like childcare ... income protection can help give you the peace of mind that you still have money to help pay for these things, even if you can't work through illness or accidental injury.

What does Income Protection Cover

An Income Protection plan covers you for illness and accidental injury. Right now, this may seem like a remote possibility, particularly if you're young and relatively healthy. But consider a simple fact, related to a 'common' problem:

The Chartered Institute for Professional Development's 2009 survey showed that, after common colds, stress and musculoskeletal conditions (neck strains and back pain) were the biggest causes of long term absence from work2.

Source: Department of Work and Pensions. Reproduced under the terms of the Click-Use Licence.

2 Source: CIPD Absence Survey Report 2009.

Please contact IDFM on 0845 2706160 for further information on ‘income protection’ or email peter@idfmcity.com.

Private medical insurance

Private Medical Insurance may be more important than you think. Private health insurance gives you the reassurance of knowing that, should the need arise; you and your family will get prompt access to private medical treatment.

You may not think income protection is for you, but to find out - why not ask yourself a couple of simple questions?

Do I really need Income Protection?

Buying private health insurance (also known as private medical insurance) is a way of getting prompt access to treatment and more choice.

According to the Association of British Insurers, some 7,335,000 people had some form of private health cover in April 2008. The main benefits are:

Prompt access to treatment.
A wide choice of hospitals and specialists to suit your needs.
Plans to suit your circumstances.

Why should I protect against something that may not happen?

It's important to plan for the unexpected. Imagine being involved in an accident, or suffering a long period of illness that prevents you going to work. Private Medical Insurance can provide prompt access to private medical treatment.

Please contact IDFM on 0845 2706160 for further information on 'private medical insurannce' or email peter@idfmcity.com.

Review of current personal arrangements and shortfall analysis for :
Employer benefits analysis
Identify shortfalls in current arrangements
Recommend solutions to meet shortfalls

Investment Portfolio Programme

The Portfolio Construction Service

Using a scientific risk profiling methodology
Design of suitable asset allocation
Portfolio design and construction

The Portfolio Advice Service

Online access to portfolio valuations (if applicable)
Portfolio monitoring
Re-weighting of asset allocation to benchmark
Written portfolio valuations on request

Inheritance Tax & Estate Planning Programme

How do I ensure my family benefits from my estate
and not the taxman?

In some cases people leave more money to the taxman then their own children receive.

Our ‘Inheritance Tax & Estate Planning Programme’ covers the following:

Detailed review of your overall financial situation taking into account personal tax position and how this affects for example the overall investment return that may be achieved.
Assessment of inheritance tax liability.
Comprehensive financial planning.
Investment portfolio management.
Strategies to mitigate inheritance tax liability.

The Professionals Service Programme