Financial Planning Resources
Our expert team and powerful online service provide everything you need to create a comprehensive financial plan
Build your own financial plan
Our powerful financial planning service allows you to track your wealth and build your own personal plan.
With MyNetwealth, you can project your wealth forward and relate it to what you want to achieve in the future
Plan for the future with MyNetwealth
MyNetwealth is designed to help you build and implement your own financial plan.
- Visualise your current wealth and apply it to your future needs
- Model how your current investments and planned contributions could help you achieve your goals
- Analyse the impact of taxes on your investments and future wealth
- Change the variables such as risk level, retirement age, contributions and withdrawals, and tax wrappers
- Factor in defined benefit pensions and the state pension
- Access is free and takes two minutes to sign up
Build your plan with MyNetwealth
When investing your capital is at risk.
Financial guidance and online resources
Get guidance
Many of our clients do not require formal financial advice but benefit from being able to discuss their needs and requirements with our advisers who can provide information and guidance at no extra cost.
Discuss your current arrangements and understand how they translate into the Netwealth service.
If you would like to receive specific advice and recommendations, you can opt for our financial advice service.
Book a call with an adviserRead our resources
Financial markets and planning can seem daunting and the industry is filled with jargon. Our resources and technology are designed to help you understand the options available so that you can make informed decisions yourself.
Our guides, articles and webinars cover important topics such as retirement planning and the key principals of investing, as well as our latest views on economies and markets around the globe.
Access our online resourcesFinancial advice
Netwealth has a team of qualified financial advisers to provide you with advice and build your unique financial plan. They will work with you to review your current arrangements and recommend how best to invest for the future.
We understand that the timing of, amount and nature of advice you need will vary depending on your unique circumstances and so we offer a flexible approach that means you only pay for the advice you want and need.
Our approach to financial advice
Netwealth’s investment advice service allows you to receive advice either on a one-off or on an ongoing basis. With one-off advice, our advisers discuss your requirements and provide a recommendation. This might include, for example, a full review of your financial needs and circumstances, a pre-transfer review of your existing investments or guidance on tax efficient allocation of your assets.
Our advisers take the time to understand your circumstances and objectives before undertaking any work. We then perform an analysis and make recommendations that are delivered to you within a personal advice report. This is reviewed and discussed before working with you to implement the plan.
Should you opt for ongoing advice, we regularly review your circumstances and requirements to update your financial plan accordingly.
Restrictions to our Advice
Our advisers offer restricted advice that relates to Netwealth’s products and services and does not consider the whole market. Netwealth does not provide tax or legal advice and does not advise on transfers of pensions with safeguarded benefits.
What our advice covers
We carry out advice work for clients with varying requirements and are able to provide advice to cover a wide range of areas including:
Advice fees
The table below lays out the fees that are applicable if you elect to receive advice relating to your investments from a qualified Netwealth adviser. Fees quoted are already inclusive of any applicable VAT.
| Description | Fee |
| One-off Advice | £200 per hour |
| Ongoing Advice | 0.35% per annum on the value of your Account, subject to a minimum of £1,000 per annum |
Advice packages
To cover some of the more common advice requirements of our clients, we offer a range of fixed-price advice packages. Fees quoted are inclusive of any applicable VAT.
Pension contributions - £300
Utilising pension annual allowances are an important way of optimising your retirement plans. However, many clients either pay too little into their pensions or, due to recent rule changes, pay in more than is optimal.
After analysing both your income and your recent pension contributions, in this package we advise you upon your ability to make further pension contributions in a tax-efficient way. This advice takes into account, where applicable, your tapered annual allowance if you are a high-earner and your ability to carry forward unused pension allowances from previous tax years.
Lifetime allowance (LTA) - £800
Since the LTA was lowered, an increasing number people are needing to manage their pension carefully around the LTA both before and during their retirement. Like many aspects of retirement planning it can be complex – and frequently misunderstood – but investors do have choices and making the most of the opportunities that arise is important.
In this advice package, we analyse your proximity to the LTA and suggest courses of action. This includes calculating how much of the LTA you have already utilised, confirming how much headroom you have relative to the remaining LTA, and letting you know how much tax would be due if you were to crystallise your pensions, both now and at a specific retirement date.
Drawing down - £1,200
Drawing down upon your pension is something that is typically done to raise funds for retirement. However, there are many things to consider before doing this. In this advice package we will help you to consider your options when drawing down upon your Netwealth pension, and how you should manage your pension once in drawdown.
Some of the key considerations when drawing down are how much income can be sustainably drawn for the length of your retirement, whether tax-free cash should be withdrawn, and if so, what should be done with it. We also consider whether annuities or UFPLS should be opted for instead of entering drawdown in the first place.
Finally, this advice package lets clients know how much tax will be due if drawing down, how to optimise this position and how the residual pension should be invested to best meet your requirements in retirement.
Our advisers offer restricted advice that relates to Netwealth’s products and services and does not consider the whole market. Netwealth does not provide tax or legal advice, and does not advise pension transfers including safeguarded benefits. If you would like a fuller assessment of your overall financial situation, would like tax or estate planning advice, are unsure as to any aspect of financial, law or tax in relation to your individual circumstances and requirements, or are unsure about anything with respect our service you should seek independent advice.
