PKF Financial Planning Limited are authorised and regulated by the Financial Services Authority PKF Financial Planning Limited Financial Planning in uncertain times Peter Brewill Senior Financial Planning Consultant

PKF Financial Planning Limited Type the proposal name here Who are PKF Financial Planning Ltd ? Independent Financial Advisers Separately regulated under the FSA Wholly owned by PKF (UK) LLP National Firm One of the leading accountancy based IFAs

PKF Financial Planning Limited Type the proposal name here Financial Life Cycle

PKF Financial Planning Limited Type the proposal name here Financial Life cycle Building up assets Protecting those assets Funding for education Paying off liabilities Enjoying your assets Gifting those Assets (IHT)

PKF Financial Planning Limited Type the proposal name here How Do We Help Our Clients? Review Existing Financial Arrangements Create Structured and Bespoke Financial Plans Give Tailored Solutions and Advice

PKF Financial Planning Limited Type the proposal name here How Do We Help Our Clients? Unbiased Financial Recommendations sourced from Whole of Market Including – –Tax efficient investment –Retirement planning –Cost effective financial protection –Estate Planning From the cradle to the grave……and beyond!

PKF Financial Planning Limited Type the proposal name here Building Up Assets Tax Efficiently

PKF Financial Planning Limited Type the proposal name here What you need to consider? Taking advice InvestmentsTaxation Budgeting/ Liabilities Wills

PKF Financial Planning Limited Type the proposal name here Investing through interesting times… DS UK GOVT BDS IDX FTSE ALL SHARE - TOT RETURN IND UK INTERBANK 3 MONTH - TOT RETURN IND UK RPI NADJ Source: DATASTREAM 28 April Black Monday Gulf War Black Wednesday Shock increase in US rates Big Bang in the City Asian currency crisis Credit crunch TMT valuations peak 9/11 LTCM + Russian Bonds Defaults War in Iraq 7 / 7 bombings

PKF Financial Planning Limited Type the proposal name here Can you predict the future? Source: Datastream and Morningstar (total return in Sterling) as at 02/01/2008.

PKF Financial Planning Limited Type the proposal name here Consider Asset Classes and Diversification Attitude to Risk Inflation

PKF Financial Planning Limited Type the proposal name here Asset Classes Cash Fixed Interest Equity Property Not an exhaustive list! Allocation between asset classes is key to investment risk and reward

PKF Financial Planning Limited Type the proposal name here Risk v Reward High Risk Medium Risk Low to Medium Risk Minimal Risk

PKF Financial Planning Limited Type the proposal name here Attitude to Risk LOWCash, Guarantees LOW TO MEDIUMProperty, Collectives MEDIUMBalanced Collectives MEDIUM TO HIGHUK Equity Collectives HIGHEquities, Specialist and Global Collectives

PKF Financial Planning Limited Type the proposal name here Effects of Inflation

PKF Financial Planning Limited Type the proposal name here Tax Efficient Investments

PKF Financial Planning Limited Type the proposal name here Funding Options Cash Existing Investment Restructuring Capital/Loan Recycling

PKF Financial Planning Limited Type the proposal name here The Benefit MAKE YOUR MONEY WORK HARDER SO YOU DON’T HAVE TOO!

PKF Financial Planning Limited Type the proposal name here TAX RELIEFS & FINANCIAL PLANNING

PKF Financial Planning Limited Type the proposal name here CONSIDER INCOME TAX RELIEFS ISAs - No Income Tax, no Capital Gains Tax PENSIONS - Income Tax Relief at highest Marginal Rate - Tax Efficient Fund Growth - From April 2006 New Rules and Higher Allowances EIS/VCT - Income Tax Relief Life Assurance Investments - Non declarable for income tax options

PKF Financial Planning Limited Type the proposal name here CONSIDER CAPITAL GAINS TAX Equities / Portfolio Management - Capital Gains Tax Management EIS - Capital Gains Tax Deferral VCT - No Capital Gains Tax on Sale ISAs - No Capital Gains Tax Life Assurance Investment - No Capital Gains Tax options Pensions - No Capital Gains Tax on Funds

PKF Financial Planning Limited Type the proposal name here CONSIDER INHERITANCE TAX AIM (Alternative Investment Market) - IHT Exemption after two years EIS - Business Property Qualifying IHT Exemptions Wills / Gifts - Use of Exemptions and Trusts to reduce tax liability

PKF Financial Planning Limited Type the proposal name here APPLIED SOLUTIONS

PKF Financial Planning Limited Type the proposal name here Individual Savings Accounts £7,200 per person, age 16 and over Cash or Equity Low Risk – High Risk Protection and Guaranteed Growth

PKF Financial Planning Limited Type the proposal name here Pension Funding Superannuation Allowances Stakeholder, Personal Pensions, SIPPs, AVCs Annual Allowances (100% earnings to maximum limits or £3,600 non working) Lifetime Allowances Tax Relief and Marginal Rates Non Workers and Children/Grandchildren

PKF Financial Planning Limited Type the proposal name here Enterprise Investment Schemes 100% CGT Deferral throughout lifetime of investment 20% Income Tax Relief on contribution (max £500k) 100% IHT Relief after two years Retain for three years Low Risk Protected Funds to High Risk Equities

PKF Financial Planning Limited Type the proposal name here Venture Capital Trusts 30% Income Tax Relief (maximum £200k) Retain for five years No Capital Gains Tax on disposal No income/dividend tax on dividend payments Low Risk to High Risk Investments

PKF Financial Planning Limited Type the proposal name here Alternative Investment Market (AIM) No IHT after two years if held until death Unlimited Contributions Protected Options Available Low Risk to High Risk

PKF Financial Planning Limited Type the proposal name here Structured Products Generally Tracking an Index Capital Protection Termed Arrangement of 5 to 6 Years ISA options available CGT or Income Tax liable Guaranteed Growth or Income Options

PKF Financial Planning Limited Type the proposal name here Life Assurance Investments Potentially Non Declarable for Income Tax Potentially Capital Gains Tax Free Diversification Options Fund Switching Flexibility Inheritance Tax Mitigating via Trusts Low to High Risk Options

PKF Financial Planning Limited Type the proposal name here Next Steps Consider your Aims and Objectives Consider your Funding Consider your appetite for Risk Call PKFFP for a free discussion of your Options Engage our Services Receive Bespoke Recommendation SAVE TAX and MAKE YOUR MONEY WORK HARDER

PKF Financial Planning Limited Type the proposal name here ANY QUESTIONS ?

PKF Financial Planning Limited Type the proposal name here This presentation is intended for general guidance only and is not a substitute for professional advice which takes account of individual specific circumstances. While this presentation highlights some of the opportunities for planning, it should be recognised that it is not a complete or exhaustive description of the opportunities or pitfalls which are personally applicable to your situation. The information provided is based on our current understanding of the relevant legislation and regulations which may be subject to alteration as a result of changes in legislation or practice. Past Performance is not necessarily a guide to future performance. The value of investments can go down as well as up. Levels and bases of and reliefs from taxation are subject to change. PKF Financial Planning Limited are authorised and regulated by the Financial Services Authority. Risk Warnings