Your Business is Your Future

Business financial planning is about more cashflow projections and balance sheets, employee benefits and pension schemes. It is about making sure you are taking every opportunity to be in the best position to achieve your business goals, protect your business, maximise your tax reliefs and provide for your retirement. We at MyLife Financial are her to help you every step of the way.

Business Owners:

As a business owner, you achieved your success by taking a very hands on approach to running your business. Maintaining full control over your business gives you peace of mind as well as a lot of headaches and sleepless nights but at the end of the day nobody cares about your business more than you.

Inevitably your business and personal life become inseparable We provide a comprehensive approach that takes account of your circumstances. Our tailored service means that you can plan for the future in the knowledge that you and your business are looked after.

Company Directors, Executives and Professionals:

Successful companies build healthy profitable balance sheets, so the directors and partners need to decided need to decided what to do with the accumulated assets

We can help you answer these questions, and advise on a range of benefits available for those who wish to maximise their pension contributions and tax relief.

Shareholder/Partnership Protection

Would you maintain full control over your company?

What is Shareholder Protection?

Shareholder or Partnership Protection is a life insurance plan taken out on the life of each director or partner of a company. A company may take out a shareholder protection plan at any stage during its business lifetime. The company will pay a premium based on the level of cover required and a given value of each director’s shareholding within the business. Should the unexpected death of a director happen the company’s Shareholder Protection plan will pay out a lump sum. This lump sum can be used to buy back the deceased directors’ shareholding from their next of kin.

Benefits of Shareholder Protection

• The company directors know they will be able to keep control of their business.
• No need for remaining directors to raise personal funds.
• The deceased directors next of kin is not obliged to become involved in the business.
• The remaining directors know they will have business stability and continuity.
• Shareholder Protection Insurance can also provide for serious illness cover.

Key Person Insurance

A key person is an employee or director whose expertise, knowledge and contacts are vital to the continued success of the business. Keyperson insurance assists the survival of the company on the death of a key employee by compensating the company for any anticipated losses.
Keyperson insurance can be taken out at any time.
Premiums are paid on a regular basis, based on the cover required. If anything happens the key person the policy will provide a lump sum to the company for any financial loss incurred as a result.

To Discuss safeguarding your retirement with a pension, get in touch!

About

MyLife Financial was founded by Matt Conlon to provide unbiased and professional financial advice in all areas of financial planning. We specialise in protection advice for families, individuals and businesses alike. We strive to cut through the jargon that is often associated with financial planning advice to offer our customers clear and concise financial advice in the areas of Life Insurance, Income Protection, Pensions and Savings and Investments.
At MyLIfe Financial our customers are our business. We are also completely flexible in how you wish to interact with us. Perhaps you wish to conduct your business online, over the phone or face-to-face; whatever your preference is, we can cater for it.
Contact us today for a new experience with your personal or business financial planning needs.

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