Older Age Services Charges
Knowing that your financial affairs are totally under control and that you have a plans in place to cope with whatever your life brings means you can really enjoy your latter years.
Older Age Services Charges
At NorthStar, we have a commitment to providing clear and simple charges for all our services. When we help you plan for your older age, you will always know how much you will be charged and can be confident that you will be paying some of the most competitive rates around.
We live in an increasingly ageing population with more and more people living into their 90s and a significant number becoming centenarians. It has therefore never been more important to think about our latter years and plan to make them an enjoyable and comfortable time and not placing an undue burden on our families.
Our range of older age planning services are designed to help you plan for you latter years with confidence, It may also be beneficial to think of older family members who may have more pressing financial concerns that we may be able to help with.
Our main older age planning services and charges are summarised below:
Long-term Care Insurance
Typically, we are paid commission for arranging a long-term care insurance policy and therefore paid by the insurance provider. The arrangement of a long-term care insurance policy is usually subject to a minimum total fee of £450 for all policies. Where the commission payable by the provider is less than £450, the balance is paid by the client directly.
For providing independent advice on a single property equity release, we typically charge £500.
State Care Provision
To provide a full, personalised report into your state care provision entitlement and the steps you need to take to maximise your state benefits in this area, we typically charge £500.
Inheritance Tax Planning
Inheritance tax planning aims to minimise the inheritance bill on your estate when you die. There are many techniques we can use to legitimately reduce this tax and steps we can help you take to lower the tax your estate will pay. Inheritance tax planning falls under our financial planning service and is charged in the same way. You may either opt for an ongoing financial planning service paid monthly or by ad-hoc or one-off services which simply look at your inheritance tax planning needs in isolation. You can see a full breakdown of our financial planning charges and choose the plan that is right for you.
Funeral Plans (Coming soon)
Typically, we are paid commission for arranging a funeral plan and therefore paid by the policy provider. The arrangement of a funeral plan is usually subject to a minimum total fee of £250 for all policies. Where the commission payable by the provider is less than £250, the balance is paid by the client directly.
Other Older Age Planning Services
For any other specialist older age planning services we will quote a price on enquiry. We are always clear on what you will pay for our services before you commence.
NorthStar clients get more but pay less
Our clients enjoy better returns, better advice and a better level of service.
We deliver all this at a lower price than many of our competitors.
Find out more about our commitment to drive down charges and how we’re going about it.
Remember that you can start or stop our older age planning services at any time. We never tie you into any form of contract with us. Don’t worry if you are unsure which of our older age planning services would suit you best. You can discuss your requirements during your introductory meeting where a NorthStar financial planner can help you work our which of our services are right for you.
Find out More About Our Other Charges
Our commitment on charges
At NorthStar, we’re committed to providing clear and simple charges for all our services.
We believe in total transparency so you’ll always know what you will pay.
No hidden charges, no additional fees, no nasty surprises – that’s a promise.
” Old age is like everything else. To make a success of it, you’ve got to start young. “
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