Financial advice for GPS

Protection advice

We understand how hard you’ve worked to create a life for you and your family – but are you protecting it the best you can?

Whether something happens to you, like being diagnosed with a critical illness, or your business, like the unexpected death of a practice partner, it’s important to make sure you’re covered against whatever life throws your way.

That’s where we can help, finding you the right level of protection for your income, mortgage, practice and more.

Mortgage advice

Securing a mortgage as a doctor can present its own challenges, which is why it’s important to choose a lender that truly understands your sector.

Whether you’re looking to move into a bigger property or you’re considering remortgaging, we’ll help you make the most of your professional status when applying for a mortgage.

And if you’re looking to buy into your first practice, we can help you secure the business funding you need to reach your goals too.

Always remember your mortgage is secured on your home. Your home may be repossessed if you do not keep up repayments on your mortgage. Please note that the Financial Conduct Authority (FCA) does not regulate commercial mortgages.

Investment advice

Whether you’re looking to buy your first practice or build an income for your retirement, our investment advice can help you reach your goals.

We also offer guidance on estate planning for your post-work years, ensuring your investments can be passed onto your beneficiaries tax-efficiently.

From Wesleyan’s With Profit ISA to the Capital Investment Bond, our range of investment plans can help you make the most your money.

Bear in mind that the value of investments can go down as well as up and you may get back less than you invest. Advice in relation to Inheritance Tax planning is not regulated by the Financial Conduct Authority (FCA).

Insurance for GPs

We understand the unique challenges that running a GP surgery can bring. Our team of medical insurance consultants can help you establish the right level of cover for your practice, offering a range of insurance products tailored to GPs.

Our insurance solutions include:

• Cyber insurance
• GP surgery insurance
• Partnership protection insurance
• Locum cover for doctors and key staff
• Medical malpractice insurance
• Management liability insurance

Retirement planning

We can help you build a flexible personalised income plan to help you fund your retirement and boost your NHS pension benefits.

You can also get guidance on:

• Ways to invest your pension lump sum
• Flexible and early retirement options
• Retirement planning alongside a partner
• Preparing an exit strategy for leaving your GP practice
• Understanding the annual allowance
• Lump Sum Allowances (LSA) and Lump Sum Death Benefit Allowances (LSDBA)

Estate planning and inheritance tax advice

Worried about inheritance tax eating into your estate? We can help you leave more to those you love.

Working exclusively with the medical profession, our experts can help you get your affairs in order and ensure that you assets are passed on efficiently and in line with your wishes when you die – whether it’s your property, investments or savings.

Please bear in mind that advice in relation to inheritance tax planning is not regulated by the Financial Conduct Authority.

Business advice

As well as personal financial advice, we can help support your practice too.

From managing budgets to ensuring operational efficiency, having a robust strategy in place is key to maintaining the financial health of your surgery.

This is where we can help, offering expert advice tailored to the needs of your GP practice – from buying into a surgery and understanding your partnership agreement to planning your exit strategy.