About our services
At McLean’s Insurance and Financial we offer independent and impartial advice using our knowledge and experience of over 30 years in financial services. One of our many aims is to identify the need and requirements of our clients and to provide personal advice matched to their aspirations and circumstances. The charges for our services is not an issue as we offer client oriented options.
Inheritance Tax Considerations:
- Personal Allowance for 2008/2009 of £312,000 before any tax liability;
- Various gifts are exempt from this tax;
- Potential Exempt Transfers are allowed whereas gifts drop out of the estate after seven years;
- Gifts out of normal expenditure provide tax planning opportunities.
Income Protection:
- Benefits provided up to 50, 55, 60 & 65 years of age;
- Benefit income not taxed;
- Benefits can be deferred 1,3,12 or 24 months;
- Benefits paid on the inability to work due to accident and sickness.
Life Assurance Opportunities:
- Protection for the family;
- Tax planning opportunities;
- Policies can be single or joint life
- Good savings opportunity for regular premiums and lump sums.
Pension Considerations:
- Income Tax Relief on contributions;
- Tax Free Cash on retirement;
- Guaranteed income at retirement;
- Early retirement can be taken at age 50
