Channel Title: Edmund Bailey Channel Description: Chartered Financial Planner with over 15 years experience in financial services. Home is Berkshire with my wife and daughter having lived and worked in London for a number of years. DISCLAIMER: All of my views are my own, and not representative of any company. Any personal opinions, ideas, and tips represented on this channel should not be seen as financial advice or a recommendation to take any specific course of action. <video> You NEED to know these 3 ways to take FLEXI ACCESS DRAWDOWN! Description: *You NEED to know these 3 ways to take FLEXI ACCESS DRAWDOWN!* If you're looking to work with a Financial Planner for financial advice and determine if we would be a good fit for you, contact us today: *Website:* https://featherstonepartners.co.uk/ *LinkedIn:* https://www.linkedin.com/in/edmund-bailey-chartered-financial-planner-549124151/ *Please note:* The information provided is based on the current understanding of the relevant legislation and regulations and may be subject to alteration as a result of changes in legislation or practice. Also it may not reflect the options available under a specific product which may not be as wide as legislations and regulations allow. All references to taxation are based on my understanding of current taxation law and practice and may be affected by future changes in legislation and the individual circumstances. This channel is for information and education purposes only. Any information or guidance given does not act as financial advice. Please consult a financial adviser if you are unsure in anyway. Keep in mind that the value of your investments can go down as well as up, so you could get back less than you invest. My aim is to provide education and guidance to help individuals understand pensions, investments and protection. #pension #retirementplanning #financialplanninguk </video> <video> Make your own Compound Interest Calculator, Real and Nominal rates of return on Excel. Description: Make your own Compound Interest Calculator, Real and Nominal rates of return on Excel. If you're looking to work with a Financial Planner for financial advice and would like to determine if we would be a good fit for you, contact us today: *Website:* https://featherstonepartners.co.uk/ *LinkedIn:* https://www.linkedin.com/in/edmund-bailey-chartered-financial-planner-549124151/ Spreadsheet used in demonstration added to Dropbox below (for reference only): https://www.dropbox.com/t/8DJnxBR14VEsp7LF *Please note:* The information provided is based on the current understanding of the relevant legislation and regulations and may be subject to alteration as a result of changes in legislation or practice. Also it may not reflect the options available under a specific product which may not be as wide as legislations and regulations allow. All references to taxation are based on my understanding of current taxation law and practice and may be affected by future changes in legislation and the individual circumstances. This channel is for information and education purposes only. Any information or guidance given does not act as financial advice. Please consult a financial adviser if you are unsure in anyway. Keep in mind that the value of your investments can go down as well as up, so you could get back less than you invest. #pension #retirementplanning #financialplanninguk </video> <video> Average UK Net Worth by Age? pensions, property, physical wealth and financial assets Description: *Average financial NET WORTH breakdown by age and by household of the UK!* If you're looking to work with a Financial Planner for financial advice and determine if we would be a good fit for you, contact us today: *Website:* https://featherstonepartners.co.uk/ *LinkedIn:* https://www.linkedin.com/in/edmund-bailey-chartered-financial-planner-549124151/ We look at the median and average net worth, breaking it down to private pension wealth, property wealth, financial assets and physical assets of the UK. Its incredibly difficult to know whether what we are saving or have saved is sufficient when it comes to both our personal savings and our retirement planning and we often cant help ourselves in thinking about what our peers or colleagues are doing. Although its vital that you focus on your own position and your own objectives when it comes to yours and you family’s life it is interesting to see what the average and median savings and net worth is across the UK. We’ll be using the statistics from the ONS’ Wealth and Assets Survey and tables by Nimblefins to identify what the total household savings is, what the savings rate is and the what the average and median household and individual wealth is by age in the UK. It paints an interesting picture and one that we can easily see where we are personally in relation to these numbers. It should be seen for what it is as this is UK wide and therefore the standard of living and required assets will vary depending on where you are in the country and your very own specific situation. PLSA Retirement Living Standards: https://www.retirementlivingstandards.org.uk/details ONS Website: https://www.ons.gov.uk/ Money Helper Website: https://www.moneyhelper.org.uk/en Nimblefins Website: https://www.nimblefins.co.uk/ *Please note:* The information provided is based on the current understanding of the relevant legislation and regulations and may be subject to alteration as a result of changes in legislation or practice. Also it may not reflect the options available under a specific product which may not be as wide as legislations and regulations allow. All references to taxation are based on my understanding of current taxation law and practice and may be affected by future changes in legislation and the individual circumstances. This channel is for information and education purposes only. Any information or guidance given does not act as financial advice. Please consult a financial adviser if you are unsure in anyway. Keep in mind that the value of your investments can go down as well as up, so you could get back less than you invest. My aim is to provide education and guidance to help individuals understand pensions, investments and protection. #ukpensions #retirementplanning #uknetworth </video> <video> Pt.2 Underpayment of the UK State Pension, Lamborghini's & more! Pensions with Sir Steve Webb Description: Chartered Financial Planner based in the UK. Contact: edmund@featherstonepartners.co.uk Or book an initial call via: https://featherstonepartners.co.uk/about-us/ PART TWO of a pensions chat with Sir Steve Webb! Underpayment of the UK State Pension, Lamborghini's for OAPs, auto enrolment & more... ⭐Underpayments calculator and information on the LCP website: www.lcp.uk.com/underpaid 0:00 - Underpayment of the UK State Pension 5:17 - Engaging with your retirement planning 8:24 - Pension freedoms 9:24 - Mid life MOT's 10:34 - Auto enrolment 12:24 - Are people being too cautious with their pension investments? 12:59 - If someone wants to buy a Lamborghini, let them! 14:19 - Short of the full flat rate? Voluntary basis? 🗒 Please note: The information provided is based on the current understanding of the relevant legislation and regulations and may be subject to alteration as a result of changes in legislation or practice. Also it may not reflect the options available under a specific product which may not be as wide as legislations and regulations allow. All references to taxation are based on my understanding of current taxation law and practice and may be affected by future changes in legislation and the individual circumstances. This channel is for information and education purposes only. Any information or guidance given does not act as financial advice. Please consult a financial adviser if you are unsure in anyway. Keep in mind that the value of your investments can go down as well as up, so you could get back less than you invest. ⭐ My aim is to provide education and guidance to help individuals understand pensions, investments and protection. #ukstatepension #pensionuk #sirstevewebb </video> <video> Make your own retirement income cashflow model, stress test and capacity for loss on Excel. Description: Make your own retirement income cashflow model, stress test and capacity for loss on Excel. If you're looking to work with a Financial Planner for financial advice and determine if we would be a good fit for you, contact us today: *Website:* https://featherstonepartners.co.uk/ *LinkedIn:* https://www.linkedin.com/in/edmund-bailey-chartered-financial-planner-549124151/ Spreadsheet used in demonstration added to Dropbox below: https://www.dropbox.com/t/3u528ztkRVFNBPQE *Please note:* The information provided is based on the current understanding of the relevant legislation and regulations and may be subject to alteration as a result of changes in legislation or practice. Also it may not reflect the options available under a specific product which may not be as wide as legislations and regulations allow. All references to taxation are based on my understanding of current taxation law and practice and may be affected by future changes in legislation and the individual circumstances. This channel is for information and education purposes only. Any information or guidance given does not act as financial advice. Please consult a financial adviser if you are unsure in anyway. Keep in mind that the value of your investments can go down as well as up, so you could get back less than you invest. #pension #retirementplanning #financialplanninguk </video> <video> UK STATE PENSION RISE & What's next according to the OBR projections? Description: UK STATE PENSION RISE & What's next according to the data released from the Office for Budget Responsibility (OBR)? The Government has confirmed that for the tax year 2023-24 the 'Triple Lock' will be reinstated. OBR Link: https://obr.uk/ Britain’s pensioners face a financial ‘rollercoaster’ in the next few years according to calculations by LCP partner Sir Steve Webb, based on the latest forecasts from the Office for Budget Responsibility. This April state pensions will rise by just 3.1% – less than half the rate of inflation – and the Spring Statement measures offered little help for most pensioners. But by April 2023 the pension rise is forecast to be 7.5% - the biggest ever cash rise in the state pension. And by April 2024 the rate of the new state pension will go through the £200 per week barrier. LCP link: https://www.lcp.uk.com/ 🗒 Please note: The information provided is based on the current understanding of the relevant legislation and regulations and may be subject to alteration as a result of changes in legislation or practice. Also it may not reflect the options available under a specific product which may not be as wide as legislations and regulations allow. All references to taxation are based on my understanding of current taxation law and practice and may be affected by future changes in legislation and the individual circumstances. This channel is for information and education purposes only. Any information or guidance given does not act as financial advice. Please consult a financial adviser if you are unsure in anyway. Keep in mind that the value of your investments can go down as well as up, so you could get back less than you invest. ⭐ My aim is to provide education and guidance to help individuals understand pensions, investments and protection. #pension #retirementplanning #financialfreedom </video> <video> Drawdown or Annuity which is Best - Retirement Planning UK Description: *Book a call:* https://calendly.com/featherstonepartners/15min?utm_source=&month=2024-06 *Website:* https://featherstonepartners.co.uk/ *Enquiries:* edmund@featherstonepartners.co.uk Drawdown or annuity which is Best - Retirement Planning UK We have a comparison of drawdown versus annuity and the pros and cons of each. This probably can be best summarised by saying that we are pitting guarantees and security versus flexibility and superior death benefits, but we’ll delve a bit deeper into both. And to be clear the two products aren’t mutually exclusive and where I see it working well is a combination of both annuity and drawdown together and both products bringing something different to the table. Also as previously mentioned in my other videos there is the ability to take fixed term annuities which sits between both annuity and drawdown and can be a good bridge between those products. However, for this video I’m keeping it super simple and we’ll just focus on annuity and drawdown. https://featherstonepartners.co.uk/ Link to the Government Money Helper Website: https://www.moneyhelper.org.uk/en# 🗒 Please note: The information provided is based on the current understanding of the relevant legislation and regulations and may be subject to alteration as a result of changes in legislation or practice. Also it may not reflect the options available under a specific product which may not be as wide as legislations and regulations allow. All references to taxation are based on my understanding of current taxation law and practice and may be affected by future changes in legislation and the individual circumstances. This channel is for information and education purposes only. Any information or guidance given does not act as financial advice. Please consult a financial adviser if you are unsure in anyway. Keep in mind that the value of your investments can go down as well as up, so you could get back less than you invest. ⭐ My aim is to provide education and guidance to help individuals understand pensions, investments and protection. #pension #retirementplanning #financialplanninguk </video> <video> How much retirement income from £100,000 after tax free cash? Description: How much retirement income can you get from £100,000 after the tax free cash has been taken. If you're looking to work with a Financial Planner for financial advice and determine if we would be a good fit for you, contact us today: *LinkedIn:* https://www.linkedin.com/in/edmund-bailey-chartered-financial-planner-549124151/ *Website:* https://featherstonepartners.co.uk/ Please note: The information provided is based on the current understanding of the relevant legislation and regulations and may be subject to alteration as a result of changes in legislation or practice. Also it may not reflect the options available under a specific product which may not be as wide as legislations and regulations allow. All references to taxation are based on my understanding of current taxation law and practice and may be affected by future changes in legislation and the individual circumstances. This channel is for information and education purposes only. Any information or guidance given does not act as financial advice. Please consult a financial adviser if you are unsure in anyway. Keep in mind that the value of your investments can go down as well as up, so you could get back less than you invest. My aim is to provide education and guidance to help individuals understand pensions, investments and protection. #pension #retirementplanning #financialplanninguk </video> <video> How TAX FREE CASH works? And 3 EXAMPLES of how it can be taken from your PERSONAL PENSION! Description: Chartered Financial Planner based in the UK. Contact: edmund@featherstonepartners.co.uk Or book an initial call via: https://featherstonepartners.co.uk/about-us/ How TAX FREE CASH works? And 3 EXAMPLES of how it can be taken from your PERSONAL PENSION. Just to try and show the practical ide of how TAX FREE CASH works with 3 examples of how you can take it from your PERSONAL PENSION. Also, I show an example of how the tax bands work in relation to your taxable pension income. Link to the Government Money Helper Website: https://www.moneyhelper.org.uk/en# 🗒 Please note: The information provided is based on the current understanding of the relevant legislation and regulations and may be subject to alteration as a result of changes in legislation or practice. Also it may not reflect the options available under a specific product which may not be as wide as legislations and regulations allow. All references to taxation are based on my understanding of current taxation law and practice and may be affected by future changes in legislation and the individual circumstances. This channel is for information and education purposes only. Any information or guidance given does not act as financial advice. Please consult a financial adviser if you are unsure in anyway. Keep in mind that the value of your investments can go down as well as up, so you could get back less than you invest. ⭐ My aim is to provide education and guidance to help individuals understand pensions, investments and protection. #ukpensions #retirementplanning #taxfreecash </video> <video> We need to talk about your Tax Free Cash and Income Tax! Impact of Inflation, Fiscal Drag. Description: We need to talk about your Tax Free Cash and Income Tax! Impact of Inflation, Fiscal Drag. If you're looking to work with a Financial Planner for financial advice and determine if we would be a good fit for you, contact us today: *Website:* https://featherstonepartners.co.uk/ *LinkedIn:* https://www.linkedin.com/in/edmund-bailey-chartered-financial-planner-549124151/ *Please note:* The information provided is based on the current understanding of the relevant legislation and regulations and may be subject to alteration as a result of changes in legislation or practice. Also it may not reflect the options available under a specific product which may not be as wide as legislations and regulations allow. All references to taxation are based on my understanding of current taxation law and practice and may be affected by future changes in legislation and the individual circumstances. This channel is for information and education purposes only. Any information or guidance given does not act as financial advice. Please consult a financial adviser if you are unsure in anyway. Keep in mind that the value of your investments can go down as well as up, so you could get back less than you invest. My aim is to provide education and guidance to help individuals understand pensions, investments and protection. #pension #retirementplanning #financialplanninguk </video> <video> **2022** How much retirement income from £100,000 after tax free cash? Description: Chartered Financial Planner based in the UK. Contact: edmund@featherstonepartners.co.uk Or you can book an initial call via: https://featherstonepartners.co.uk/about-us/ How much retirement income can you get from £100,000 after the tax free cash has been taken. We assume a Personal Pension plan valued at £133,333 where 25% of the tax free cash is taken, which would be £33,333, leaving you with a residual taxable pension plan of £100,000. We look at various real examples of how much income that £100,000 would buy you in your retirement and some of the retirement planning areas that you would need to consider. Link to the Government Money Helper Website: https://www.moneyhelper.org.uk/en# Contact me directly at: edmund@featherstonepartners.co.uk https://featherstonepartners.co.uk/ 🗒 Please note: The information provided is based on the current understanding of the relevant legislation and regulations and may be subject to alteration as a result of changes in legislation or practice. Also it may not reflect the options available under a specific product which may not be as wide as legislations and regulations allow. All references to taxation are based on my understanding of current taxation law and practice and may be affected by future changes in legislation and the individual circumstances. This channel is for information and education purposes only. Any information or guidance given does not act as financial advice. Please consult a financial adviser if you are unsure in anyway. Keep in mind that the value of your investments can go down as well as up, so you could get back less than you invest. ⭐ My aim is to provide education and guidance to help individuals understand pensions, investments and protection. #pension #retirementplanning #financialplanninguk </video> <video> The best way to make personal pension contributions - Salary Sacrifice Explained Description: *Salary Sacrifice* or as it should be called *Salary Exchange* Explained with examples - The best way to make personal pension contributions. ⏰ 0:00 - Introduction 3:18 - Salary Exchange Example - Basic Rate Taxpayer 6:09 - Salary Exchange Example - Higher Rate Taxpayer 8:03 - Projection with and without Salary Exchange 10:08 - Drawbacks to Salary Exchange If you're looking to work with a Financial Planner for financial advice and would like to determine if we would be a good fit for you: *Website:* https://featherstonepartners.co.uk/ *LinkedIn:* https://www.linkedin.com/in/edmund-bailey-chartered-financial-planner-549124151/ *Please note:* The information provided is based on the current understanding of the relevant legislation and regulations and may be subject to alteration as a result of changes in legislation or practice. Also it may not reflect the options available under a specific product which may not be as wide as legislations and regulations allow. All references to taxation are based on my understanding of current taxation law and practice and may be affected by future changes in legislation and the individual circumstances. This channel is for information and education purposes only. Any information or guidance given does not act as financial advice. Please consult a financial adviser if you are unsure in anyway. Keep in mind that the value of your investments can go down as well as up, so you could get back less than you invest. #pension #retirementplanning #financialplanninguk </video> <video> How much retirement income can you get from £300,000. Description: How much retirement income can you get from £300,000. If you're looking to work with a Financial Planner for financial advice and would like to determine if we would be a good fit for you, contact us today: *Website:* https://featherstonepartners.co.uk/ *LinkedIn:* https://www.linkedin.com/in/edmund-bailey-chartered-financial-planner-549124151/ Which?: https://www.which.co.uk/money/pensions-and-retirement/planning-your-retirement/how-much-will-you-need-to-retire-aNmlv7V7sVe9 *Please note:* The information provided is based on the current understanding of the relevant legislation and regulations and may be subject to alteration as a result of changes in legislation or practice. Also it may not reflect the options available under a specific product which may not be as wide as legislations and regulations allow. All references to taxation are based on my understanding of current taxation law and practice and may be affected by future changes in legislation and the individual circumstances. This channel is for information and education purposes only. Any information or guidance given does not act as financial advice. Please consult a financial adviser if you are unsure in anyway. Keep in mind that the value of your investments can go down as well as up, so you could get back less than you invest. My aim is to provide education and guidance to help individuals understand pensions, investments and protection. #pension #retirementplanning #financialplanninguk </video> <video> HOW much should I save for RETIREMENT? / Is an 8% pension contribution enough? Description: Chartered Financial Planner based in the UK. Contact: edmund@featherstonepartners.co.uk Or you can book an initial call via: https://featherstonepartners.co.uk/about-us/ HOW much SHOULD I save for RETIREMENT? Is contributing 8% of gross salary to a personal pension enough to build a retirement income? What factors are involved in building a pension and what we can and can't control? What to think about if your pension contributions are based on 'qualifying earnings'... We take a look at the minimum pension contribution required under auto enrolment. Also what size pension pot could an 8% pension contribution build along with showing some examples using our cashflow modelling tool, the impact of higher contribution levels, of starting later etc. Link to OECD Pensions at a Glance: https://www.oecd.org/publications/oecd-pensions-at-a-glance-19991363.htm Link to the Government Money Helper Website: https://www.moneyhelper.org.uk/en# Link to Government review of qualifying earnings: https://www.gov.uk/government/publications/automatic-enrolment-review-of-the-earnings-trigger-and-qualifying-earnings-band-for-202223/review-of-the-automatic-enrolment-earnings-trigger-and-qualifying-earnings-band-for-202223-supporting-analysis 🗒 Please note: The information provided is based on the current understanding of the relevant legislation and regulations and may be subject to alteration as a result of changes in legislation or practice. Also it may not reflect the options available under a specific product which may not be as wide as legislations and regulations allow. All references to taxation are based on my understanding of current taxation law and practice and may be affected by future changes in legislation and the individual circumstances. This channel is for information and education purposes only. Any information or guidance given does not act as financial advice. Please consult a financial adviser if you are unsure in anyway. Keep in mind that the value of your investments can go down as well as up, so you could get back less than you invest. ⭐ My aim is to provide education and guidance to help individuals understand pensions, investments and protection. #pension #retirementplanning #financialplanninguk </video> <video> 100% Invested in Equities for Life and Retirement. Should we be? Description: 100% Invested in equities for life and retirement. Should we be? https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4590406 If you're looking to work with a Financial Planner for financial advice and would like to determine if we would be a good fit for you: *Website:* https://featherstonepartners.co.uk/ *LinkedIn:* https://www.linkedin.com/in/edmund-bailey-chartered-financial-planner-549124151/ *Please note:* The information provided is based on the current understanding of the relevant legislation and regulations and may be subject to alteration as a result of changes in legislation or practice. Also it may not reflect the options available under a specific product which may not be as wide as legislations and regulations allow. All references to taxation are based on my understanding of current taxation law and practice and may be affected by future changes in legislation and the individual circumstances. This channel is for information and education purposes only. Any information or guidance given does not act as financial advice. Please consult a financial adviser if you are unsure in anyway. Keep in mind that the value of your investments can go down as well as up, so you could get back less than you invest. #pension #retirementplanning #financialplanninguk </video>

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Description

Chartered Financial Planner with over 15 years experience in financial services.

Home is Berkshire with my wife and daughter having lived and worked in London for a number of years.

DISCLAIMER: All of my views are my own, and not representative of any company. Any personal opinions, ideas, and tips represented on this channel should not be seen as financial advice or a recommendation to take any specific course of action.

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