8 minute read
SBT Finance
from SBT issue 445
Kreston Reeves strengthens wills, trusts and probate team with senior solicitor appointment
Accountants, than seven years’ experience in advising said: “Kreston Reeves has an enviable
Monthly News business, legal and financial advisers Kreston Reeves individuals on their wills, probate, and trusts and estate planning including powers of attorney. She is both a solicitor reputation across the region for advising both businesses and private individuals. I am thrilled to be joining the firm and has strengthened and member of the Society of Trust and contributing to its continued growth.” its growing legal Estate Practitioners (STEP). services team with the appointment of Philip Lansberry, Partner and Head of senior solicitor Catalina Lowe. The Kreston Reeves 14-strong legal Legal at Kreston Reeves, said: “The services team works across offices in Kent, demand for our private client legal services Catalina joined the firm on 18 March from a Sussex and London, advising individuals continues to grow across Kent, Sussex leading Sussex law firm. Her appointment and their families on estate and inheritance and London. We are delighted to welcome follows Simon Levine’s arrival as a Legal planning, wills and probate, trusts, and Catalina to our expanding team and look Services Director in November 2020. powers of attorney. forward to working alongside her.” Catalina brings to Kreston Reeves more Commenting on her appointment, Catalina
www.krestonreeves.com
Designate launches new LV= Multi Car TV
advert revealing how to make life better
Brighton strategic part of the same LV= brand world we saving and also means you’ve got one
Monthly News creative agency Designate has unveiled its latest TV all love. It was created with the help of the awesome animation experts at A+C Studios in Margate under director, Dan policy and just one renewal date. “The advert sits perfectly in the LV= advert for insurance Richards. We’re also proud that we could brand world with its charm and warmth company LV= to champion the British production industry, as well as the green heart branding and showcase the brand’s Multi Car product. especially at this particular time.” the ‘Have Love Will Travel’ music track, which has become synonymous with The advert is part of LV=’s It’s Our Heart One of the main challenges to overcome the company. It’s the first time we have That Sets Us Apart campaign and shows was producing new TV creative in a used stop frame animation and it created customers that when your family’s cars very restrictive lockdown period during a magical effect, while also rising to the are on one policy, it makes life easier, December and January. Filming live challenge of lockdown restrictions.” simpler and offers a saving too. action was possible, but presented significant difficulties. Stop frame gave The advert launched during Saturday Designate used familiar, relatable and the agency the solution they needed Night Takeaway and will be accompanied British pairings to illustrate this concept to bring the idea to life, complement by further supporting campaign activity. such as a biscuit dunked in tea or the LV= brand and work around any traditional fish and chips and brought this production limitations. This latest work builds further on to life using stop frame animation. Designate’s long-standing relationship Sophie Baker, Advertising Manager with LV=, having started working with the Becky Sherriff, Group Account Director from LV= said: “The Multi Car TV advert company in 2006. at Designate, said: “LV= has never used shows that when you bring two things this style of production before and stop together, they instantly become better, frame animation creates a really charming like putting your family’s cars on one and magical effect. It already feels like Multi Car policy, which could offer a For more information please visit
www.designate.com
SBT
FINANCE
BY SERVO PRIVATE WEALTH
A LOOK AT METRO BANK
THE FIRST HIGH STREET BANK TO OPEN IN 100 YEARS
SBT FINANCE SPONSORED BY:
We all know the adage that ‘failing to plan is planning to fail’, so have you planned out how much money you need for the rest of your life?
If the answer is no, and why we should all be thinking about team, where they conduct a charges, you’re not alone. financial planning for the future: performance and risk analysis of any
Finance However, James existing plans and schemes you might Mallinson, the “First off, we hit you with the big questions be invested in. Managing Director of in life, such as; what would you be doing Servo Private Wealth, is encouraging if you weren’t working? How do you have “We then use the analysis to understand people to take this seriously, noting fun outside of work? What would you be your aversion to risk and link it back to that financial planning ‘has no doing if money was no object? We then your goals. By doing this, we’re able minimum age limit’. quantify this and go a level deeper, asking to tell you whether you need more, clients questions such as ‘do you want whether you have enough or even if you So, where does someone start with to leave a legacy behind? Or would you have too much (this leads to a separate something like this? instead want to go out penniless?” discussion around Wealth Management and potentially discuss methods such We were lucky enough to sit down with All of this information is used to build up as charitable giving). I’ve also sat across James to find out a little more about how a framework by the Servo Private Wealth from people and told people they can
retire five years earlier than they thought they could, providing a massive sense of relief and astonishment.”
However, the team are keen to clarify that this kind of exercise isn’t isolated to just retirement; in fact, far from it:
“Equally, we’ve been able to help young business owners quantify their business and help them get off the treadmill of running a business and move onto something enjoyable. Whether that be investing in another business, consulting, or just having more time for family, however, without being able to quantify their business and make a plan, this wouldn’t have been possible.”
James Mallinson, Managing Director of Servo Private Wealth, concluded:
“Ultimately, this is about understanding the top and bottom of where you want to go in life by asking the big questions. It may seem daunting at first, but this really helps to build a bigger picture. Even if you’re already working with a financial planner, we can still help by looking at your existing investments to see if there are any gaps to help you along your financial journey. Often, people (business owners in particular) aren’t taking full advantage of the tax exemptions available to them because they just aren’t aware. Ultimately the sooner we start working with people, the sooner you know what you’re working towards and the sooner we can achieve it.”
The economic climate is certainly looking interesting for the foreseeable future. Slashed interest rates, coupled with tax changes and government reforms, which are all coming into effect in the not too distant future, means relying on standard cash ISA’s and savings accounts for your future isn’t enough. These changes are likely to hit higher level earners and business owners, so now is the time to plan and look at different income streams and start planning how much you need for the rest of your life.
Servo Private Wealth is an Independent Chartered Wealth Management practice specialising in providing financial advice to entrepreneurs, business owners & high net worth families.
Find out more about Servo Private Wealth here: https://www. servoprivatewealth.com/ You can also follow them on Instagram & Linkedin.
Disclaimer: This article is for general information and is not intended to address your particular requirements. No individual or company should act upon such information without receiving appropriate professional advice.
Servo Private Wealth is an appointed representative of Best Practice IFA Group Limited which is authorised and regulated by the Financial Conduct Authority
A look at Metro Bank
Metro Bank opened its first store in Holborn, London on 29 July 2010 – the first high street bank to open in the UK in more than 100 years.
The bank has since easy to use and efficient mobile and Metro Bank offers very quick account grown to serve more online banking technology and providing opening, a relationship manager for
Finance than two million exceptional customer service. every business, on the spot card printing customer accounts, as well as a 24/7 contact centre and the with 77 stores in Over the past 10 years, Metro Bank bank is also recognised for its gameEngland and Wales including five drive- has expanded its store network and its changing digital innovations. thru stores and over 3,500 colleagues commitment to the local communities across the UK. it serves. It is the highest rated high As the UK’s community bank, Metro street bank for overall service quality Bank colleagues are encouraged to The team in Brighton is headed up by for personal and business customers spend time volunteering within their local Brian Quinton, Local Director, who is and the number one bank for service in community and helping those who need keen to help business customers excel stores in the Competition and Market it, delivering more than just banking. by fulfilling their banking expectations; Authority’s Service Quality Survey in making introductions to specialist February 2021. More recently its was lenders, for example in asset and invoice recognised as ‘Bank of the Year’ at the finance; making introductions to other 2020 MoneyAge Awards and ‘Banking business leaders and professionals Brand of The Year’ at the Moneynet through the teams networks; providing Personal Finance Awards 2021.
