Ms Lord and Ms Betts, who recently started up Magenta Financial Planning in Wales, have written about a recent case in which a longstanding client needed help with exit terms.
Ms Betts CFPTM Chartered MCSI explained it was a case that highlighted how completing a personalised lifetime cashflow for a client is not a one off exercise.
The case is outlined in full in a double page feature in the latest edition of Financial Planning Today magazine.
Chartered Financial Planner Ms Lord said Mark, 55, was a highly successful executive but was facing poor redundancy terms.
Over the years the duo produced for him, and his wife, Margaret, a lifetime cashflow forecast and met regularly to review this to reflect changes in their lifestyle and needs.
Ms Betts said: “It was all happening very quickly and he needed to know what questions to ask – or what to demand - by the next day! The initial offer wasn’t great, considering the years he had worked there.”
Ms Lord said: “Mark didn’t want to stop working – despite his lifetime cashflow forecast illustrating that he could afford to. He needed our help to ensure he got a good deal and that the options he chose were the most tax efficient and flexible for their future. He also needed to make sure that he understood the decisions and how these would impact on his and his wife’s short and long term financial position and happiness.”
Find out how the company helped to sort Mark’s finances by reading the full article HERE.
The new publication features exclusive content including contributions from leading figures in the worlds of Financial Planning and Paraplanning plus features and insights produced by experienced financial journalists in London.
Turn to page 31 and 32 for insights on how to improve usage of social media to find new clients, including input from American Financial Planner Michael Kitces, who has 33,000 Twitter followers.
Financial Planning Today's third issue highlights include:
• A Special Report on the great Cashflow Modelling debate, which has got the industry talking
• Columns from PFS chief executive Keith Richards, CISI head of Financial Planning Campbell Edgar and Paraplanner John Redmond
• Analysis of the 2017 investment prospects post the shock Trump US Presidential victory
• New Investment and DFM section with 180+ DFM providers listed plus DFM updates
• Plus, The Client Hunter, Planner Casebook, Inside My Business with Colin Lawson, Financial Planning and Paraplanning news and much more
Feedback on the new magazine has been excellent with well over 2,200 people reading the first two issues and the number rising steadily. There have been many positive comments about the quality of the magazine and the unique content.
Financial Planning Today Publisher and Editor Kevin O’Donnell said: “We're delighted to make available issue 3 to all website users and we hope the content will be invaluable.
“There is lots of insight, news and comment plus many business tips and ideas to help Financial Planners do an even better job and build on their professionalism.
"We have designed Financial Planning Today magazine to be an essential publication for all professional Financial Planners, Paraplanners and Wealth Managers and we'll be announcing some exciting developments for 2017 soon."
For editorial enquiries please contact: This email address is being protected from spambots. You need JavaScript enabled to view it..
For advertising enquiries, including recruitment advertising, please contact: This email address is being protected from spambots. You need JavaScript enabled to view it. or 01895 678629.
Our new 40-page magazine, is now live online and can be read HERE.