Testimonials

 

It's easy to forget to look after your own finances when you are busy running your own business..... Kim and Steve Harvey

We have been a client of Baker Davies since they began in 1999. This has to be testament to their service alone. When running your own business you usually forget about looking after your personal financial situation. This is very much so in our case. The team has looked after us with our investments, pensions and mortgages over the years. Tony Davies and Peter Kingswell-Farr always have our best interests at heart when borrowing or investing changes are called for. With them looking after us personally, we have been able to focus on the running of our business. We would not hesitate in recommending them and their team for your financial needs.

Kim and Steve Harvey
www.harveyelectrical.co.uk

 

Helping business clients grow their business, and build security for the future - Taskforce Contracts

Taskforce Contracts is an expanding successful business, owned by the directors who each play a key role in the business. When Peter first met them, they were a start-up company, looking for financial planning guidance. Pete says, "In 2007 the directors were paying around £30,000 pa to a nice landlord for their business premises, had little pension provision or insurance to protect the directors or business if one of them became unable to work. The directors wanted to ensure they would be financially rewarded for their hard work."

Over a series of corporate development business strategy meetings, Pete really got to understand the business and the directors' goals.

He helped them buy their business premises through Self Invested
Personal Pensions so that approximately. £30,000 per year now goes to line their
own pockets through their pensions - rather than a third party landlord.

Peter has arranged Key Person, Shareholder Protection and income
replacement insurance to tax efficiently protect the directors and their families.

He has helped many of the employees with financial planning
services and set up the company stakeholder pension scheme.

Brian Cooley - Director, says,

"The great thing about Peter Farr is that he took the time to really listen and understand what our aspirations and priorities were. This meant that the guidance and perceptive questioning really helped us to refine our aims and implement our decisions in a confident and assured way. I would advise anybody who is serious about taking charge of their financial destiny to get Peter and his company on side."

 

Business owner getting control of his pension funds and improving returns

Anthony Barnes-Smith is a successful businessman

His accountant many years ago, advised him to pay as much as he could afford into pension plans. Anthony did this continually for over 30 years and as a result he had numerous different plans with various insurance companies but until he met Simon, had nobody to advise him properly. The total value of his pension policies was over £400,000 but there was no overall plan.

The Problem The majority of the pension plans were old-style policies with pension companies who were either not even trading or had been taken over. Nearly 50% of his total Pension Fund was invested in one of the worst performing Managed Funds and much of the remainder was held in With-Profits funds where the bonus rate was as low as zero. Anthony was completely unaware of any of this. He was mainly fed up with receiving so much paperwork and not understanding any of it!

Also he was not aware of his options regarding how to draw the benefits at retirement.

The Solution: Simon got to know Anthony's wishes and plans for the future. All the pension policies were moved into a Self-Invested Personal Pension to give greater choice of funds to invest in thus providing greater potential for investment returns. Also it meant that Anthony would have all the flexible retirement options available to him including the facility to draw an income from the fund without the need to buy an Annuity or phase in his retirement by taking the benefits as and when he requires them. These options provide him with complete flexibility both now and in the future.

What Anthony said
"In a nutshell I feel more in control. I like having the facility to watch my funds grow, there is easy access and it's more manageable."

 

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Further Testimonials

My husband died in an accident - Simon looked after me with such integrity Read More

Property investments, returning to the UK and developing an overall strategy to build wealth and security Read More

Helping us make decisions about early retirement and ongoing monitoring of our investments Read More

It's easy to forget to look after your own finances when you are busy running your own business..... Read More

Business owner getting control of his pension funds and improving returns Read More

Structuring our portfolio for retirement, inheritance tax planning then dealing with changes on my own Read More

Helping business clients grow their business, and build security for the future. Read More