Client Story -Simon & Lauren
Age: 40 & 38
A bit about S&L: Simon has worked hard, progressing to Chief Finance Officer for a city firm. He has a passion for life and so plays hard too, enjoying cycling and spending time with his family and friends at the weekend. With 3 growing children, Lauren’s initial focus was on bringing up the family and running everyone’s busy diaries of activities and logistical juggling. As the children are growing, Lauren is enjoying using her skills in various voluntary roles, making a significant impact to her local community.
Trigger Point for Contacting Us: Despite earning well, Simon and Lauren were living hand-to-mouth, using bonus payments for large home projects. They knew they could do more and also wanted to start saving for their childrens’ futures, but didn’t know what or how to do this in the best way.
How we Helped: Reviewing their current position, we were able to identify when and how they could direct their income to start building savings pots for the children. Furthermore, due to Simon’s high income, we created some planning around his tax position, reducing this effectively and redirecting funds that were not being utilised to their fullest extent for their future. They had some significant gaps in their protection, which meant that if Simon passed away prematurely, the family would likely have had to give up their family home and change their lifestyle significantly. Modelling this empowered Simon and Lauren to make an informed decision about the level of protection they felt comfortable with as a family to protect their futures should the unexpected happen.
Client Outcome: Following our work, Simon and Lauren had complete peace of mind that their family was well protected and that they were now on track to achieve their goals, making their finances work as hard as possible for them.
* To protect the privacy of our clients, images, names and some financial details have been changed.