There is a high cost for denying that ill health or tragedy could strike your family and affect your lifestyle.
This is not a very cheerful statistic, but unfortunately it’s true.
What is the true cost of doing nothing?
Not taking a proactive approach to your finances can be an expensive business. At Pinnacle, we are dedicated to helping our clients grow and protect their wealth to achieve the life they want.
Don’t let the cost of inaction jeopardise everything you aspire to.
The cost of denial
The cost of delay
What happens if we don’t set our wealth to work? If cash is just kept in the bank, you won’t be taking advantage of the many investment opportunities available which have the potential to produce a greater-than-inflation return. For example, see what could happen if you delay your pension by ten years.
Every ten-year delay in starting to save could potentially wipe out approximately half of your fund growth.
Give your money more time to grow and benefit from compounding returns. The longer your money is invested, the more it can accumulate over time.
Don’t pay the cost of delay, harness the power of compound interest and protect your future lifestyle
The value of an investment with St. James’s Place will be directly linked to the performance of the funds you select and the value can therefore go down as well as up. You may get back less than you invested. An investment in equities does not provide the security of capital associated with a deposit account with a bank or building society.
The cost of not talking
What happens if you don’t brooch the subject of money with your loved ones or elderly family members? Their legacy is at risk. Inheritance tax is often referred to as a tax on inertia. We know it’s an awkward conversation, but so important.
Otherwise, you could be paying a very high cost for not talking to your family about legacy planning.
The levels and bases of taxation and reliefs from taxation can change at any time. The value of any tax relief depends on individual circumstances.
That's why we all need a LifePlan
A consultation with a Pinnacle Adviser means you can explore the power of taking a proactive approach to your financial plans. Leave nothing to chance.
Don’t pay the cost of doing nothing.
Explore your goals and aspirations and see them brought to life in the Pinnacle LifePlan – the comprehensive, multi-dimensional strategy that is built by our experts for how you want your life to look. Explore the ‘what-ifs’ in your life and see the effect of significant decisions on your wealth.
Pinnacle LifePlan gives you peace of mind.
The combination of your ambition and our expertise will set your wealth to work over your lifetime.
The value of advice: +2% per year
According to independent analysis the value of professional financial advice amounts to an additional 2% per year.
This is based on comparing annual returns for St. James’s Place clients against those who managed their own investments. The research by Numis Securities, which covered all clients’ SJP pension investments, found that between June 2010 and June 2020 the average growth achieved was 7.7% pa. By comparison, the same exercise for pension clients of a large firm where investments usually make their own investment decisions achieved an average of 5.5% pa over the same period.
What does this really mean?
£100,000 invested under the guidance of an expert Financial Adviser at the start of the period would now be worth on average £210,000 by the end*.
£100,000 invested by a non-advised client on average grew to £171,000 over the ten years. This analysis didn’t include any tax benefits from advice. Past performance is not indicative of future performance.
*Numis Securities Research, Sept 2020
Hear from one of our clients
“My wife and I refer to our LifePlan all the time as our guide on financial decisions and the effect they will have on our lifestyle long-term. We couldn’t manage without it.”
Paul, Private client
Change the trajectory of your life and that of your family with a Pinnacle LifePlan.
Redefining Wealth
Pinnacle is one of the largest wealth management practices in the UK, attributing its success to a larger than average client support team; advanced financial modelling software known as Pinnacle LifePlan; and a rigorous internal programme that attracts and continually develops the top Advisers in the industry.
Over 100 Pinnacle service specialists support our Advisers and their 6,500+ clients, managing over £1.4 billion of funds under management.
Ask our experts about how a Pinnacle LifePlan could help you create the future you want.
Arrange a consultation
Explore what wealth means to you.