Tenet Financial Services Brochure

Financial peace of mind Expert financial advice for you, your family and your future

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Financial peace of mind

A warm welcome to Tenet FS At Tenet Financial Services we have one goal – to help you achieve financial peace of mind.

What we do Whatever your goals, Tenet Financial Services can help you achieve them. We’re for life – health, wealth, time and happiness – and want to contribute to yours by providing access to the best financial advice available.

“Good advice is worth its weight in gold”

Our team of highly qualified, experienced financial advisers and mortgage brokers are based throughout the UK, and their role is to simply work with you to secure the most suitable solutions to your financial needs. And, in so doing, ensure you fulfil your life ambitions. We genuinely care about putting you in a better financial position and have one simple aim: to give you complete financial peace of mind. Our roots Tenet Financial Services is part of Tenet, one of the largest adviser groups in the UK. Tenet was formed over 25 years ago and provides ongoing training and guidance to ensure the advice we provide is both fair and suitable for our clients’ needs. Tenet is ultimately responsible for the advice we provide. So, if you’re looking for quality financial advice that enables you to sleep at night knowing you have a sound and secure financial plan in place, you’ve come to the right place. Rest assured, no matter your stage in life, your finances are in safe hands with Tenet Financial Services.

Simply put, our aim is to provide the advice you need and help ensure your finances are in the best possible place to match your individual circumstances and aspirations. We’re here for the long term and look forward to delivering quality service and advice, both now and in the future.

Mark Scanlon CEO Tenet Group

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Financial peace of mind

Whether you’re looking for a mortgage or want to protect your inheritance, our financial advisers are here to help across the different financial planning areas.

Our services As financial advisers, our job is to make sure you achieve your life goals. We do this by providing expert advice and building you a financial plan tailored to your personal circumstances focusing on your individual needs.

circumstances and future aspirations. This enables us to devise a plan of action designed to help you achieve your objectives and provide you with financial peace of mind. It may be a cliché, but our service is totally about what’s best for you, not us. Our advice covers the full range of financial areas, including mortgages, protection and insurance, retirement planning, and building an investment portfolio. We can provide a full holistic advice service or simply help you with specific parts of your financial planning – the choice is entirely yours.

“With expert help you can look forward to a bright future”

The first stage of the process is to conduct a thorough fact find which ensures we fully understand your current

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Our areas of expertise

“Being a ‘whole of market’ broker means we offer products from a range of providers.” makes, so it’s vitally important you have the right one. And we can help you search for the best deal and ensure you’re not paying over the odds. Mortgages A mortgage is typically the largest financial commitment anyone ever We have access to major lenders, such as banks and building societies, as well as deals which aren’t normally available to consumers directly. We’ll use our knowledge and expertise to search through hundreds of mortgages to find the one that’s perfect for you. Your home may be repossessed if you do not keep up repayments on your mortgage.

Insurance and protection

Building an investment portfolio Whether you’re saving to buy a house, pay for a wedding or the holiday of a lifetime, accumulate rainy day funds or simply provide a more secure future for you and your family, we can help you construct an investment portfolio that meets your objectives. We’ll recommend the most suitable investment solutions for your particular circumstances taking into account a range of factors including your life stage and attitude to risk. Our recommendations could include investment bonds, unit trusts or even the latest WRAP and asset management systems that combine a range of different funds to meet your specific needs. And it goes without saying that we’ll help you maximise any available tax allowances, such as Individual Savings Accounts, thereby enabling you to shelter some of your savings from the taxman. The value of investments and the income from themmay go down. You may not get back the original amount invested.

We know insurance isn’t an easy subject to think about but, once arranged, these products can provide financial protection for you and your loved ones against life’s unfortunate events. As part of our service we’ll assess your individual circumstances and make sure you have the right cover for your specific needs, giving you peace of mind about the future. There’s a wide range of insurance and protection policies available. As well as home insurance, there’s a suite of protection products including life cover which pays a lump sum to loved ones should you die, critical illness cover which pays you a lump sum if you’re diagnosed with certain illnesses and policies designed to pay an income if you’re unable to work due to an accident or sickness. Taking out the right insurance could be the best choice you ever make. Protection with no investment element will have no cash-in value. If premiums are not maintained then cover will lapse.

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Financial peace of mind

Our areas of expertise

Wealth management We also provide a wealth management service for clients with at least £250k of invested assets. Such clients typically have relatively complex financial affairs requiring an attentive service. This often involves us working closely with other professionals in order to preserve clients’ wealth and minimise the amount of tax they pay on investments. Having the right cover could be the best investment you ever make. The value of investments and the income from them may go down. You may not get back the original amount invested. “No matter your investment expertise, we can recommend an appropriate strategy for you.”

Inheritance tax planning

Our inheritance tax planning service is designed to keep your hard-earned cash in the family and ensure your loved ones avoid a hefty tax bill on anything you leave them. Through careful planning that’s tailored to your individual needs, we can help you mitigate inheritance tax, or avoid it altogether, by arranging investments into trust, using life policies, changing your will, or through other methods. Many people still fall into the trap of thinking inheritance tax won’t affect them. However, anything you leave over your IHT allowance is charged at 40%, which means a significant amount of money could potentially be redirected to the taxman. As with most tax issues, the inheritance tax regime is relatively complex and prone to changes over time. But our experts are on hand to explain the system to you and enable you to minimise any financial impact on your loved ones. Tax planning is not regulated by the Financial Conduct Authority.

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Retirement planning Retirement should be a time of enjoyment free from money worries and our retirement planning service aims to ensure this can be the case for you. Whether you’ve just started work and are looking to set up your first pension, approaching retirement or already there, we can review your existing arrangements, identify gaps and ensure your plans can deliver the type of retirement you deserve. And, because we’re not tied to one provider, we can shop around to find the most suitable retirement products from right across the market. As part of our service, we’ll take you through all your options, including State support, to ensure you take full advantage of all financial benefits available to you. We’ll also help you make the right choices when you access your pension funds in order to ensure you minimise tax implications and maximise the benefit you ultimately

Taxation planning The tax system provides a number of reliefs and allowances which individuals and businesses can use to significantly reduce their tax burden. Careful planning though is crucial in order to ensure you take full advantage of these opportunities and thereby minimise your tax bill in a legitimate and legal way. “We’re here to help you make the most of your available allowances.” With our expertise, we can review your current situation and then put together an effective plan to help you make the most of any opportunities available to you. By getting expert help, you should be able to keep more of your money away from the taxman and spend it on those things that you want to instead. Tax treatment is based on individual circumstances and may be subject to change in the future.

Financial advice for your business We can also provide specialist financial advice and support for your business as well. For instance, we can help you select appropriate insurance and protection products, covering areas such as employers’ liability insurance, key person insurance and business interruption insurance. Workplace pension schemes are another area where we can provide expert support. The introduction of auto enrolment means every employer in the UK now has a legal duty to put certain staff into a pension scheme and contribute towards it. We can help you set up and run an employee pension scheme that meets the Pensions Regulator’s stringent requirements and fits the specific needs of your business or, alternatively, review your existing arrangements.

receive from your pension. A pension is a long-term

investment and the fund value may fluctuate and can go down. Your eventual income may depend

upon the size of the fund at retirement, future interest rates and tax legislation.

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Financial peace of mind

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Our approach At Tenet FS we have one goal in mind: to give you complete peace of mind that your finances are in the best hands. We will help you to understand your options and offer you bespoke financial advice tailored to your needs both now and in the years to come.

The process – what happens next?

What this means for you Whether the advice is for you, or your business, you can rest assured it will be tailored to your specific requirements and will include: Expert advice on your individual needs, including access to a range of investment, protection and pension products as necessary to meet those needs. Agreeing with your adviser the frequency of meetings, as well as the type of information, reports, valuations, policy updates and market intelligence you require. Access to WRAP platforms and asset allocation tools designed to ensure products perfectly match your approach to risk. A service agreement provided at the outset to include details of the service you’ll receive and our cost structure.

All our advisers have been trained to a high level. And, not only will they provide tailored advice to meet your current personal objectives, they’ll also be on hand to help you throughout life’s financial journey. At the start of the process, our advisers will conduct a thorough fact find to get to know you and your life goals. Your adviser will then put together a detailed financial plan and develop personalised recommendations for you which will include those products most suitable for your needs. Everything in the recommendations will be explained in plain English, including our charges. You’re also welcome to invite a trusted friend or family member into the discussion should you wish for your own peace of mind. How much does our advice cost? Our charging structure is based on the level of service you require. Once we’ve assessed your current circumstances and objectives, we’ll fully explain the basis of our charges before any chargeable work is carried out. Fees may be subject to VAT but we’ll advise you whether or not this is the case.

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Financial peace of mind

Key points

At Tenet Financial Services, we have one goal: to give you complete peace of mind that your finances are in the best hands. Our expert advisers are highly qualified and not only provide tailored advice to meet your current personal objectives but are also on hand to help you throughout life’s financial journey. We pride ourselves on working closely with you, delivering clear financial advice that’s firmly in line with your goals and aspirations. Our advice covers the full range of financial planning areas, from mortgages and protection products, to investments and retirement planning, and is always tailored to your specific needs. Tenet Financial Services is part of Tenet Group, a multi award-winning network with over 25 years’ experience that’s one of the UK’s largest support groups for advisers nationwide. You can find out more about Tenet by visiting: www.tenetfs.co.uk .

Great relationships We’ve forged great working relationships and partner with a wide range of product providers, fund managers and lenders. With over 85 companies on our panel of providers, our advisers can secure the best products on the market to meet your individual needs. Below is a small sample of the companies we work with.

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Tenet Financial Services 5 Lister Hill, Horsforth, Leeds LS18 5AZ 0333 222 4483 | [email protected] www.tenetfs.co.uk

Tenet Financial Services Limited is an Appointed Representative of TenetConnect Limited which is authorised and regulated by the Financial Conduct Authority under reference FRN: 149826 and TenetConnect Services Limited which is authorised and regulated by the Financial Conduct Authority under reference FRN: 150643. Tenet Financial Services Limited is a company registered in England and Wales under company number: 02958423 and whose registered office is at 5 Lister Hill, Horsforth, Leeds, LS18 5AZ. Telephone calls may be recorded for training purposes.