The following case study illustrates the utilisation of a Small Self-Administered Scheme pension with the view to increase growth and expand the client’s existing trading company.
Overview
After 7 years in business, speech and language therapist Mags Kirk has a successful company, Two Can Talk, and is making good profit. Rather than let the Covid-19 pandemic impact business, Mags was able to increase growth by expanding the walls to include teletherapy, which offers over the phone and online therapy and is now helping even more people.
“Without the constrictions of location, we were excited to be able to help more people and make our therapy even more accessible and as a result, company growth escalated.”
The next logical step for Mags was to investigate investment opportunities, ensuring that her increased profit was carefully managed and in the right place for business growth.
The Approach
For Mags, a little online investigation into potential investment opportunities led her to looking at property as a robust and profitable avenue for investing the profits she was making from her company.
“I wanted to find a company who would give me a straightforward introduction into property investment, without too much impact upon my time. I just needed to understand the process, the risks and the benefits, without being overwhelmed with options that weren’t relevant to me.”
Mags’ first contact with TLPI was finding a straightforward explanation of the SSAS on the TLPI website, prompting her to download a guide. A key trigger for Mags was understanding and despite not knowing anything about the TLPI and the SSAS prior to this, the benefits were obvious, the process straightforward and the flexibility to achieve her personal goals clear.
“A priority for me was speaking to someone I could trust. I did my research and when I spoke to a consultant at TLPI, I felt connected; that was important to me.”
The Solution
After a couple of conversations with her dedicated consultant, Mags felt comfortable in her understanding of the SSAS and sure that it was the perfect tool to help her achieve the goals (one being increasing growth to expand her business) she had in mind. The ability to invest and achieve fixed, enviable returns, was a big factor in Mags’ decision to make her first investment into property crowdfunding. All investments carry some level of risk but for Mags, property crowdfunding offers a balance and lower level of risk that feels comfortable.
The Result
With minimal property knowledge and time investment required, property crowdfunding is proving to be the perfect fit for Mags. Just four months into her SSAS and property investment journey, she is already arranging further consultation with her consultant to look at additional crowdfunding investment opportunities as her funds continue to grow. Another option for Mags is to bring her partner into the SSAS, meaning that pensions can be pooled. With a larger pot, their property crowdfunding investments can achieve higher returns, resulting in increased pension funds for them both.
“Contacting TLPI was the right decision for me. Trust was so important and I was assured of that very early on. My consultant is responsive, friendly and extremely genuine. I wouldn’t hesitate in recommending TLPI to anyone who is looking at pensions, investments and property.”
Our clients rate us as 5 star, here’s what they say:
jonathanwaters1953
26/07/2023
We have recently used this excellent company to set up a Family Investment Company. The complete process was seamless with our personal contact Jordan Sharpe explaining all the steps along the way in a very confident and professional way. They really do deserve this 5 star review.
Keith Jones
26/06/2023
Tlp have been fantastic with there advice and help in setting up my retirement plans , putting structures into place to help with future generational hand over of assets, great advice from Jordan Sharpe, easy to deal with and always on hand for help when needed, well done all, 👏 ✔️
Stewart Yardley
05/06/2023
Trustworthy Financial Advice with an Eye on the Future. I recently sought financial advice, and trust was my top priority. TLP not only met my expectations but exceeded them. Although their product didn't suit my current needs, their dedication to providing comprehensive information and support left me confident in utilising their services in the future. TLP's commitment to customer satisfaction was evident from the moment I approached them. They patiently and thoroughly discussed all available options with me, ensuring I understood the pros and cons of each. Despite not making an immediate sale, they generously shared their time and expertise, demonstrating a genuine interest in helping me make the right decisions. What impressed me the most about TLP was their transparent and honest approach. They didn't try to push any product on me that wouldn't serve my current financial situation. Instead, they focused on empowering me with the knowledge I needed to make informed choices. Their willingness to prioritise my needs over immediate profits spoke volumes about their integrity. I left my interaction with TLP feeling informed, confident, and assured that when the time is right, they will be my go-to financial advisory service. The trust they have established with me through their professionalism, dedication, and genuine care for my financial well-being is unparalleled. I have no hesitation in recommending TLP to anyone seeking trustworthy financial advice.
Robert Sidebottom
25/05/2023
I was looking at setting up a Family Investment Company, during which I’d paid more than a few hundred pounds for a couple of Consultations. After which I’d received some rather expensive quotes for setting it up, as well as getting lots of complexed information about the process.
Then I eventually stumbled across TLP while doing some related research. I was pleasantly surprised and more than pleased that they offered a No cost consultation. During which Lewis Jones, was able to simplify all the information and subsequently provide a much more realistic quote for the process. Not to mention the first year’s company accounting services that came for free and the ongoing advice from Lewis. Which has not only been financially beneficial, but as proved to be a great source of knowledge and education, responding to all my questions promptly. With my background not being in the financial and investment sector, his clear explanations put in a context that I was able to understand, has been invaluable.
Geoff Saunders
22/05/2023
Great support all the way through the process very professional good knowledge and friendly service. I would highly recommend
Andew Clymo
21/02/2023
From the start of the transfer to the end TLP have been always available to me, they have kept me informed throughout the process and offered help and guidance when required. Excellent service that is highly recommended
Andy Page
25/01/2023
Now fully set up with a Landlords pension and very pleased with the overall service. Only delays were with AVIVA not playing ball but now all done and set to earn significantly more than with AVIVA. Jordan Sharpe was knowledgeable and guided me through the whole process with a professional and friendly approach. Morwena (assistant) was again very friendly and together made the process a simple one. Looking forward to a better retirement (eventually) thanks to TLP.