Chartwell Financial Services Limited http://chartwellfs.com We are an independent, fee based, Financial Services firm based in Altrincham Cheshire but covering the whole of the UK. We provide bespoke financial planning solutions for small businesses, corporate and private clients. Being independent means we are not tied to any financial provider or specific products. We work 'with you - for you' and together, tailor solutions that meet your financial needs. Fri, 23 Mar 2012 11:13:30 +0000 http://snappages.com en Review and refresh your portfolio http://chartwellfs.com/blog/2012/03/23/review-and-refresh-your-portfolio http://chartwellfs.com/blog/2012/03/23/review-and-refresh-your-portfolio Fri, 23 Mar 2012 11:13:30 +0000 Richard Clarke http://chartwellfs.com/blog/2012/03/23/review-and-refresh-your-portfolio
]]> Chartwell Financial Synergy - Spring 2012 http://chartwellfs.com/blog/2012/02/23/chartwell-financial-synergy-spring-2012 http://chartwellfs.com/blog/2012/02/23/chartwell-financial-synergy-spring-2012 Thu, 23 Feb 2012 11:52:00 +0000 Jonathan Fisher http://chartwellfs.com/blog/2012/02/23/chartwell-financial-synergy-spring-2012 We distribute our newsletter twice a year, to keep you abreast of financial markets, legislative changes and any other relevant news or developments that we think may be of interest.

The newsletter is available on our website, where you can view it or download a copy to keep. If you know of anyone else who may like a copy of our [...]]]> We distribute our newsletter twice a year, to keep you abreast of financial markets, legislative changes and any other relevant news or developments that we think may be of interest.

The newsletter is available on our website, where you can view it or download a copy to keep. If you know of anyone else who may like a copy of our newsletter, then just complete their details under the ‘subscribe tab’ on our website. Likewise, if there are any items you would like us to cover in future issues, or if you have any comments to make regarding the content of the Newsletter, we would be delighted to hear from you.

Topics covered include;
  • Getting to grips with inflation
  • The tax year-end approaches
  • The pension revolution continues
  • Investing for growth
  • Company car tax changes
  • Autumn statement surprises
  • Time to revisit commercial property?
  • Partnership and shareholder protection
  • Driving up your savings
  • Daring to say the B word

Please click here to download our newsletter

]]> Providing low cost life cover for the Armed Forces and MOD Professionals http://chartwellfs.com/blog/2012/01/31/providing-low-cost-life-cover-for-the-armed-forces-and-mod-professionals http://chartwellfs.com/blog/2012/01/31/providing-low-cost-life-cover-for-the-armed-forces-and-mod-professionals Tue, 31 Jan 2012 16:49:00 +0000 Jonathan Fisher http://chartwellfs.com/blog/2012/01/31/providing-low-cost-life-cover-for-the-armed-forces-and-mod-professionals
Most insurers cap cover at £250,000 and apply premium loadings of up to 1000% making cover both inadequate and in many cases [...]]]>
Most insurers cap cover at £250,000 and apply premium loadings of up to 1000% making cover both inadequate and in many cases unaffordable.

Through access to preferential underwriting Chartwell Financial Services may provide the answer.

Please click here to read more

]]> Volatile Stockmarkets http://chartwellfs.com/blog/2012/01/18/volatile-stockmarkets http://chartwellfs.com/blog/2012/01/18/volatile-stockmarkets Wed, 18 Jan 2012 16:49:00 +0000 Richard Clarke http://chartwellfs.com/blog/2012/01/18/volatile-stockmarkets When was the last time you heard from your investment adviser?

Has your adviser gone quiet since the “credit crunch” in 2008? If so, it may be in your interest to take a closer look at where your money is invested

What is your adviser’s role and what is their responsibility when managing your [...]]]> When was the last time you heard from your investment adviser?

Has your adviser gone quiet since the “credit crunch” in 2008? If so, it may be in your interest to take a closer look at where your money is invested

What is your adviser’s role and what is their responsibility when managing your portfolio?

Has more than 12 months passed since your adviser last reviewed your investments?

Please click here to read our latest bulletin

]]> Chartwell Financial Synergy http://chartwellfs.com/blog/2011/10/27/chartwell-financial-synergy http://chartwellfs.com/blog/2011/10/27/chartwell-financial-synergy Thu, 27 Oct 2011 10:34:00 +0000 Simon Daniels http://chartwellfs.com/blog/2011/10/27/chartwell-financial-synergy
Topics covered include;
• Pension planning for [...]]]>
Topics covered include;
• Pension planning for 2012/13
• Meeting the cost of care in old age
• Securing your income
• Financial year-ends
• Foreign FTSE & Investing in Europe
• The cost of education
• Have you heard of NEST?

Please click here to read more or download our newsletter:

]]> The National Employment Savings Trust or NEST http://chartwellfs.com/blog/2011/10/14/the-national-employment-savings-trust-or-nest http://chartwellfs.com/blog/2011/10/14/the-national-employment-savings-trust-or-nest Fri, 14 Oct 2011 20:27:00 +0000 Richard Clarke http://chartwellfs.com/blog/2011/10/14/the-national-employment-savings-trust-or-nest
UK employers will be required to automatically enrol employees into a “qualifying pension scheme”, with a minimum contribution of 3% pa for [...]]]>
UK employers will be required to automatically enrol employees into a “qualifying pension scheme”, with a minimum contribution of 3% pa for employers.

If this affects your business Click here to read on....

]]> Let the taxman help pay for your life insurance. http://chartwellfs.com/blog/2011/09/01/let-the-taxman-help-pay-for-your-life-insurance http://chartwellfs.com/blog/2011/09/01/let-the-taxman-help-pay-for-your-life-insurance Thu, 01 Sep 2011 15:40:00 +0000 Jonathan Fisher http://chartwellfs.com/blog/2011/09/01/let-the-taxman-help-pay-for-your-life-insurance Click here to download a PDF version of this Article




If you’re a company director and you have life assurance in place to protect your family, you could be paying more tax than you need to.

Relevant life policies are a way of providing death in service benefits on an individual basis no matter how small your business is.

What are the benefits?

  • Although the company pays the premiums, they are not normally assessable to income tax on the employee as a benefit in kind. This can be a significant Saving, particularly for a higher rate taxpayer.

  • Unlike a registered group scheme, the benefit will not form part of the employee’s annual or lifetime pension allowance.

  • These payments may be treated as an allowable expense for the employer in calculating their tax liability, as long as the local inspector of taxes is satisfied they qualify under the ‘wholly and exclusively’ rules.


In most cases the benefits are paid free of inheritance tax – provided the benefits are payable through a discretionary trust.

Protection insurance can’t stop the unthinkable happening, but it can make dealing with the consequences easier.
Without adequate business protection you could end up risking everything you’ve worked so hard to achieve



What are the advantages of using a discretionary trust?

  • There are restrictions in the legislation as to who benefits can be paid to. The use of the trust is the most practical way of ensuring these requirements are met. The beneficiaries who could be included are usually family members and dependants.

  • Having benefits paid through a trust ensures they cannot be taxed as part of the company’s trading income, nor do they form part of the company’s assets.

  • The trust is discretionary, allowing trustees to be flexible in who they pay benefits to. However the employee can advise the trustees of his or her intentions by completing a nomination form. Although this is not legally binding on the trustees, it helps to guide them. The trustees will normally be the directors of the company.

  • Using a trust also ensures that in most circumstances benefits are paid free of both income tax and inheritance tax.

How do I take out a relevant life policy?

Contact your Chartwell financial adviser who will discuss the tax advantages and suitability with you in more depth and arrange for the appropriate documentation to be completed.

If you have any questions about anything you have read here, please contact:

Jon Fisher
Chartwell Financial Services Ltd
Lindley Court
Scott Drive
Altrincham
Cheshire
WA15 8AB

T 0161 929 3500
E info@chartwellfs.com
W www.chartwellfs.com



Important note
The information in this bulletin is based on our understanding of tax law and practice at the date of publication, which may be affected by future changes and individual circumstances. It is issued as general information and is not intended to be advice to any specific person named or otherwise.

If the information refers to a specific product, it may be based on the contents issued by the provider.

Before taking or refraining from any action regarding the contents of this publication you are recommended to seek professional advice. The Financial services Authority (FSA) does not regulate tax advice therefore tax advice is outside of the protection rules of the Financial Services and Markets Act & the Financial Services Compensation Scheme.

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