McLean’s Financial Services

The expectation of greater reward
Your investment goals and the question of time should determine your investment plan. Generally, the longer it is before you need your money, the greater the amount of risk you are able to take in the expectation of greater reward.
You don’t want to find yourself having to sell just when the [...]

Government measures intended to lessen the effects
The government is attempting to limit the effects of the credit crisis on the British economy through the part-privatisation of some of the UK’s ailing banks. It hopes that by guaranteeing loans and securing the future of UK banks, it can stem the flow of cash out of the [...]

Forced to turn to bank of sons and daughters to fund long term care
The generation who have relied on ‘The Bank of Mum and Dad’ may unwittingly become ‘The Bank of Sons and Daughters.’ As parents fail to save for long-term care fees, children may be forced to forgo their inheritance to pay for care [...]

Nothing ventured, nothing gained
Established to encourage investment in vibrant smaller companies, Venture Capital Trusts (VCT) are usually large funds (£10m to £50m), which means they are able to spread their investments over a number of companies, typically 30 to 50 per trust.

VCT investment rules
Companies chosen must be quoted on the London Stock Exchange
These companies must [...]

£500bn underwritten and guaranteed by the Treasury
The Prime Minister, Gordon Brown, announced on 8 October 2008 that he would make available hundreds of billions of pounds to underwrite banking debts that would be underwritten and guaranteed by the Treasury.
This unprecedented action was taken in an attempt to underpin the financial markets, prevent a complete collapse [...]

Protecting the business against financial loss requires prior planning
In most organisations, it is possible to identify certain individuals whose contribution is particularly important. Their loss could result in the loss of profits, which could ultimately lead to the business not being able to service or repay outstanding loans, or may lead to plans being curtailed [...]

A knock-on effect for credit markets and the wider world economy
As financial institutions globally announce varying degrees of difficulties and losses caused by toxic assets and bad debts held on their balance sheets and with the share prices of some of the UK’s largest banks falling to unprecedented levels, the word ‘subprime’ has become synonymous [...]

Could you retain control of your business?
When you run a business typically your main focus is directed towards the day-to-day operations and trading position, but have you ever considered the impact of a shareholder dieing or becoming seriously ill?
Shareholder or Partnership Protection is available to people who are in business with others in a limited [...]

Reducing the effects of the credit crisis on the UK economy
By taking the action of bailing out the banks, the government is attempting to reduce the effects of the credit crisis on the UK economy. The government also wants to stop cash flowing out of the UK to other countries, many which have guaranteed the [...]

Tax-efficient wrappers provide a wide variety of options
Many of us depend on our pension for our future security and financial well-being. After our homes, a pension is likely to be our largest single amount of invested capital. As the population as a whole is living longer and has more elaborate plans for retirement than ever [...]