ADVERTORIAL
financial planning
M A K I NG MOR E OF YOU R MON E Y Financial planning manager Mike Peacock from Mortgage Solutions in Gorleston can help deliver the financial results you’re looking for With Brexit beckoning and a brand new Budget, many people are once again turning their attention to their personal finances. At Your Mortgage Solutions in Gorleston, financial planning has long been an integral part of the service, but with recent changes to financial regulations – particularly the Government’s stance on pensions – the financial planning aspect of the business is booming and so Mike Peacock DipFA MLIBF has been recruited to specifically look after this area to help clients achieve their investment goals. Mike will celebrate 20 years in the financial planning industry later this year and, after leaving the Navy, has worked for many of the big name banks – NatWest, HSBC and the Woolwich – as well as wellknown financial services firms such as Axa Wealth. He has been based in Gorleston since October and has been busy building their customer base. He said: “I work mainly face-to-face, either in the office or going out to see people at their home or place of work. I’ve been brought in as part of an expanding team because of the volume of the business and the ever-expanding need for financial advice.” As a restricted financial adviser, Mike is an appointed representative of Openwork, one of the biggest networks of financial advice businesses in the UK, and has access to one of the largest insurance providers.
His role is to help clients plan for their financial futures and for the financial protection of their families, whether their aim is building up wealth, helping their children when they leave home or “at retirement” planning. Mike explains: “I’m working on pensions more than anything at the moment. New Government pension legislations regarding pension freedom have come in which mean that people can access retirement savings from 55 onwards. However, it’s vitally important that people take financial advice – just because the Government says that you can take your pension out, it doesn’t mean that you have to.” Openwork also includes Omnis Investments, a provider of investment funds that are only available through your Openwork adviser, and Openwork Wealth Services Limited, which provides active portfolio management to clients. Mike feels it’s all about understanding what each individual client is looking to achieve in their financial planning life: a comfortable retirement, say, or the holiday of a lifetime, their dream car, putting their children through university and so on. Mike continues: “It’s about the personal approach, understanding the client, being professional. It’s about helping people achieve their financial goals and aspirations and protecting them from the things that can go wrong in the meantime.” Besides looking at medium- to long-term pensions and investments, Mike can assist with protection policies such as life insurance and income or critical illness protection. He also offers his clients regular financial reviews. What’s more, he undertakes continuing professional development courses to ensure that he keeps up-to-date with the ever-changing financial planning scene. Mike says: “We have access to and can help clients with ‘at retirement’ planning, accessing built-up funds, retirement options and paying off debts. I look at what each client’s goal is and then work out the best way to get there with what they’ve got, whether they’re saving for their children’s future such as putting money aside for university fees. We look at where they are now and where they want to be in five, 10 or 15 years’ time and how we can get them there.” In other words, Mike Peacock’s role is to discuss the bigger financial picture with each of his clients and then work on the detail on their behalf, whether they’re looking at savings and investments, protection policies, “at retirement” planning or Inheritance Tax. As he explains: “We are face-to-face, we are local, but with the backing of Openwork, one of the largest networks of financial advice businesses in the UK, and you can’t get that on the High Street.”
AUTHORISED TO GIVE ADVICE ON: Wealth management, investments (both accumulation of wealth and for income), retirement planning, pension transfers, personal and family protection, Inheritance Tax
CONTACT MIKE PEACOCK DipFA MLIBF Financial Planning Manager Georgian Chambers, 152 Bells Road, Gorleston, Great Yarmouth, NR31 6AN Tel: 01493 444119 | Mobile: 07712 543377 | Email: mike@your-mortgagesolutions.com
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