SOLUTIONS Presented by Steve Edgington Head of Strategic - - PowerPoint PPT Presentation

AN EVOLUTIONARY APPROACH TO TAX EFFICIENT SOLUTIONS

Presented by Steve Edgington – Head of Strategic Partnerships

LEARNING OBJECTIVES

• 1. To highlight some of the key issues facing advisers and clients in

an ever evolving tax landscape

• 2. To revisit the potential benefit of working with providers on a

consultancy basis in the interest of their clients

• 3. To understand how effective Inheritance Tax (IHT) planning working

with professional connections can help to achieve clients goals

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BLACKFINCH SPECIALIST IN TAX EFFICIENT INVESTING

— 25-year heritage with origins dating back to 1992 — £200 million in assets under management and growing — Highly differentiated Inheritance Tax solutions — Adapt pt AIM Portfoli folios

• s

— Adapt pt AIM ISA Portfol tfolios ios — Adapt pt IHT Protected ected Portfolios tfolios — Adapt pt IHT Portfoli folios

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— Range of tax-efficient solutions for retail and corporate clients — Thrive ive Corpo porate rate Managem agement ent Service vice — Coming ing soon: n: Blackfi ckfinch nch Wealth lth – Managed ged

AT BLACKFINCH WE AIM TO BE DIFFERENT

—Paradigm – long personal relationship —New strategic partner 2018 —Highly professional adviser firms —Take a consultative approach with advisers —We work to understand your clients requirements —Generate new income streams —Discuss case specific scenarios

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Our servi vice ces have e two commo mon n chara ract cter eris isti tics cs: — Capital preservation and risk mitigation – focused, strategic approach — A strategy to generate a real return – belief in value for investors

We provid vide solutions utions focus cused ed on capit pital al protection, tection, secur curity ity and d growt

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h offer fering ing clients ents a range nge of flexi exible ble

EVOLVED APPROACH

Suppor

• rt for advisers

sers every ry step p

• f the way

WE HAVE A DIFFERENT APPROACH TO WORKING WITH ADVISERS

FLEXIBILITY: Range of investment

• pportunities

—EDUCATION : product training, presentatio ns

—COMMUNICATION : Internal or external support always available

—SUPPORT: technical support, case studies, illustrations —TRANSPARENC Y: Transparent approach based

• n honesty and

simplicity

SERVICE AND SUPPORT

SUPPORT FOR CLIENTS THROUGHOUT INVESTMENT PROCESS

—CUSTOMER SERVICE: Dedicated staff focused on high quality service

—TRANSPARENCY : Transparent

approach based on honesty and simplicity —EXPERTISE: Expert management team working to meet client needs

Clients ents face a range ge of taxing ing issue ues

TAXING ISSUES FOR CLIENTS

INCOME TAX

The UK has one

• f the highest

rates worldwide for high earners

INHERITANCE TAX

The current £325,000 threshold is set against rising property values

CAPITAL GAINS TAX

The UK has one

• f the highest

rates in the world for high earners

Fees & Charges HOW HAVE WE HELPED ADVISERS – A FEW IDEAS WORKING WITH ADVISERS

— We work closely with advisers to help generate quality referrals from connections — Business Development Manager Specialist will join you to meet with your solicitors to go through planning ideas/case studies to demonstrate how clients — An excellent way for advisers to show they have access to specialists knowledge if required for sometimes complex cases/high net worth — Also provides useful training for these professionals as they need to ideas or they could be sued for not knowing when to refer clients for — We do not take business direct from clients so this is a “safe” option trying to take your business!

Fees & Charges HOW HAVE WE HELPED ADVISERS – A FEW IDEAS WORKING WITH ADVISERS

— We can also always offer to meet your clients with you — Tricky/difficult/ high net worth client – maybe an adviser does not have the confidence with these clients and can call upon our knowledge and support as this is our specialist subject — We clearly point out that the adviser is giving the advice but we are there to answer any questions/can talk about legislation/more in-depth detail on investments as required — Positively received within the adviser community

ADAPT IHT PORTFOLIOS —Capital Preservation Portfolio —Growth Portfolio ADAPT IHT PROTECTED PORTFOLIOS —Provides life cover for first two years of investment —Three options Capital Preservation, Balanced or Growth

INVESTMENT OBJECTIVES

ADAPT IHT PORTFOLIOS: FEATURES Adapt IHT Portfolios help clients preserve wealth, with return potential

C A P I TA L P R E S E R VAT I O N TA R G E T S 4 % P. A G R O W T H TA R G E T S 6 % P. A

ADAPT IHT PROTECTED PORTFOLIOS: BACKGROUND TO LIFE COVER Life cover is integral to the Adapt IHT Protected Portfolios Developed through working with a Lloyds of London underwriter Designed to mitigate IHT for the first two years before BR comes into effect Starts from the date shares are acquired and expires after two years On death covers 40% of the original gross investment (subject to conditions, up to £100,000)

Fees & Charges HOW HAVE WE HELPED ADVISERS – ACTUAL CASE STUDY

— Adviser has an excellent accountancy connection who has 500 high net worth individuals who each want to invest £100,000 into residential property tax efficiently — Following a consultation EIS was discounted and also BR qualifying investments — However, we mentioned that the Property Authorised Investment Fund structure may be a potential option (OEIC authorised by the FCA)

Fees & Charges HOW HAVE WE HELPED ADVISERS – ACTUAL CASE STUDY

— Spoke with our Chief Investment Officer, Richard Simmonds who saw the adviser the next day with some of our investment committee; an explanation of what the clients were looking for; PAIF put forward as concept — Report was done in 24 hours for the adviser to take to the accountant — Positively received by both the accountant and clients evidently and he is expecting to get the go ahead shortly — We could set this up for them within three months including FCA approval. So from initial contact to report delivery was within 48 hours!

Our commitment to our customers runs through everything we do

SUMMARY

• Investment philosophy: adaption to market

change and customer needs

• Customer service: delivering results for clients

and support for advisers

• Regulatory alignment: transparent approach

fully aligned with FCA

OUR COMMITMENT

• Transparent management fees
• Rewards equitable with risks taken
• Professional service and support

WE DELIVER VALUE

This presentation is being issued by Blackfinch Investments Limited, which is authorised and regulated by the Financial Conduct Authority (“FCA”) (FCA number: 153860). Registered Address: 1350-1360 Montpellier Court, Gloucester Business Park, Gloucester, GL3 4H. Any decision to invest in this service should be made on the basis of the information contained in the product brochures and the terms and conditions. Prospective investors must rely on their own examination of the legal, taxation, financial and other consequences

• f investing and the risk involved. Prospective investors should not treat the contents of this

presentation as advice relating to legal, taxation or other matters and if in any doubt about the information discussed in this presentation, its suitability, or what action should be taken, should consult their own professional advisers. Whilst Blackfinch Investments Limited has taken all reasonable care to ensure that all the facts stated in this presentation are true and accurate in all material respects and that there are no other material facts or opinions which have been omitted where the omission of such would render this presentation misleading, no representation or warranty, express or implied, is given as to the accuracy or completeness of the information or opinions contained in this presentation and no liability is accepted by Blackfinch Investments Limited, or any of their directors, members, officers, employers, agents

• r advisers, for any such information
• r opinions.

All statements of opinion and/or belief contained in this presentation and all views expressed and all projections, forecasts or statements relating to expectations regarding future events represent Blackfinch Investments Limited’s own assessment and interpretation of information available as at the date of this presentation. This presentation does not constitute, and may not be used for the purposes of, an offer or invitation to treat by any person in any jurisdiction outside the United Kingdom. This presentation and the information contained in it are not for publication or distribution to persons outside the United Kingdom. It does not constitute a public offering in the United Kingdom. The Blackfinch products may not be suitable for all investors and we would recommend that prospective investors seek independent advice before making a decision.

IMPORTANT INFORMATION