At 360 Financial Consultants we pride ourselves in finding the best solutions to address the financial challenges of our valued clients, whatever those challenges may be. The best solution could range from a cheaper premium to a more comprehensive policy.
Our clients approach us with a range of challenges such as:
- I need a mortgage and don’t know where to start.
- I want to protect my family in the case of serious illness or premature death.
- Are my current financial products the best / cheapest in the market?
- What’s the best way to save money for short-term needs?
- I need to plan for when I’m older and retired.
On their own, some of these problems might seem challenging. Put a few problems together and the picture can seem overwhelming!
You can’t predict the future and neither can we, but we can definitely help you plan for it!
We help our customers every day to get a structured financial plan in place. We start by listening to you so we can better understand what you want to achieve and where you are today. The more we know, the better we can help you.
Armed with this information we propose impartial solutions for you. We then act on your instructions and put any products required in place. As we are completely independent brokers, we find the very best solution to meet your specific needs.
We will work with you into the future, making sure that you keep going in the right direction financially, to ensure your financial goals are ultimately achieved.
Pensions
People in general are living longer today and the state pension scheme is creaking at the seams. The impact of this is that we will all need much more money ourselves to see us through our later years. As a result, retirement planning is usually an important part of our financial planning meetings.
The government wants us all saving for our retirement, and so they allow generous tax breaks to help us along the way. When using formal pension plans, you get the following tax breaks:
- Tax relief on the contributions that you make
- Your pension fund grows free of any taxes
- You can take a portion of your pension fund out tax free at retirement.
But just availing of the tax benefits is not enough. We help you to identify the right pension structure for you based on your specific circumstances and ultimately find the right products and investment portfolio to suit your circumstances.
If you would like to find out more about how we help you to achieve your retirement objectives, please call us.
Life Assurance
If you earn an income, own a home, have a family business or an investment property, then protecting you and your family against the financial impact of ill health or death is one of the most important decisions you can make.
A death of a loved one is of course a catastrophic event for a family. When such an event happens, the last thing needed is for the surviving family to have to worry about money. At 360 Financial Consultants, we can help you remove the financial worry should a death happen in your family.
We help you plan to:
- Provide immediate financial security for your family, in the event of your death.
- Pay off your mortgage and other debts in the event of your death or that of your spouse.
- Ensure a surviving spouse is not forced to return to work, so as to pay for day to day living expenses, as a result of the loss of income to the house caused by a death.
We will help you identify the risks, to quantify their impact and plan how to deal with them. We also review any existing products that you have and make sure that you have the right products in place to achieve financial security for you, your family and other dependants.
We will see if we can save you money on the products that you currently have in place. While we always endeavour to get the most competitive price for our clients, our main focus is on making sure you get the most comprehensive cover for your money.
If you would like to find out more about how we can help you remove the financial worry of a death in the family and to ensure the financial security for you and your family, please call us.
Specified Illness Protection
Getting sick is a cause of worry for many families today.
Is it likely to happen? Hopefully not, but according to National Cancer Registry Ireland, there are more than 20,000 new cancer cases in Ireland each year. In addition, approximately 10,000 Irish people have a stroke each year and there are approximately 30,000 people living in the community with disabilities as a result of a stroke according to The Irish Heart Foundation.
Specified illness cover, sometimes known as serious illness cover or critical illness cover is a product designed to remove the financial worry when you suffer one of a specified list of serious illnesses. Specified illness cover has been a very popular addition to the protection portfolios of clients in Ireland for the last 20 or so years, the attraction of it being the availability of an immediate lump sum in the event of a claim.
If you would like to find out more about how we can help you remove the financial worry of a serious illness in your family, please call us.
Income Protection
We all fund our lifestyle by spending our hard-earned income. This income is used to feed ourselves, to pay mortgages, to pay all the bills and to fund our lifestyles; new clothes, nights out and (hopefully!) holidays etc.
Our income is also used to pay our insurance premiums and hopefully to pay towards retirement planning. So what happens if we get sick or have an accident and this income stops? This is where income protection insurance comes in.
For some lucky few individuals, their employer provides this cover. For many others, they may be reliant on social welfare. Could you continue to pay your bills and live your lifestyle on social welfare? Unfortunately for the self-employed, they are entitled to very little from the state, and as a result need to put their own income protection insurance in place.
Income protection insurance is a product that in the event of you being unable to work due to illness or accident, the insurer will pay you a replacement income. The benefit is payable until you recover and are able to work again, or if you don’t recover, it is payable until you reach your retirement age.
You also get full tax relief at your highest rate of income tax on the premiums you pay, which helps to make this cover more affordable.
If you would like to find out more about how we can help you continue your lifestyle in the case of an illness or accident, please call us.
Savings & Investments
When it comes to savings, we like to put money aside for a rainy day be it for an “emergency fund” or maybe education costs. But saving is not easy. This is where we can help. We can advise on deposit options and other savings products. We will identify your savings goals, timeframes and the right level of savings to help you achieve your savings goals while always remembering the level of risk you’re comfortable with as our aim is to ensure you can sleep easy knowing your money is secure and gaining the best return available.
In relation to investments, our clients approach us with a range of investment objectives such as:
- Getting a better return on their money than having it on deposit and earning little interest.
- Building an investment portfolio.
- Ensuring their investments mirror their appetite for taking risk (or not).
We can help you identify your investment goals and when you want your money to be available to you. We can develop a plan for you that best achieves your investment goals and if needed set up the investment product for you.
However, we know that your circumstances may change and your goals might also change. That’s where the value of our review process comes in. We will update your financial situation, note any changes and make any necessary amendments, once agreed, to keep you on course to achieving your objectives. At the end of the day, we’re in your corner to ensure your investment goals are achieved.
If you would like to find out more about how we can get your money working harder for you, please call us.
