Financial advice for dentists

Looking for tailored financial advice for your dental career and beyond? Our experts know the drill.

Tailored for you

At Wesleyan Financial Services, we understand the nuances of financial planning for those in the dental profession. 

We have a long-standing heritage of offering financial services and advice for dental professionals through our specialist Wesleyan Financial Services Consultants. They can offer tailored financial advice for your career and lifestyle, helping you form a financial plan to make the most of your money.

For your financial future

Whatever stage you’re at in life, our financial advice is something to smile about. 

We offer one-off advice and ongoing support from graduating dental school through to retirement. We can help you find a mortgage to step on the property ladder, build your funds to open a practice, protect your income if you’re unable to work and more. 

Even when you’re ready to pack away your tools, we’re here to help you plan for your retirement and make the most of the NHS Pension Scheme – from helping you understand your benefits to investing your payout.

Don't just take our word for it. Hear from one of our financial advice customers and see how we helped him save money and better plan for his future:

Webinars for dentists

As well as getting personalised one-to-one advice, you can also watch our free webinars for dentists - specifically designed to cover the key financial issues for those working in dentistry.

How we can help you

Get one-to-one advice on all the financial matters that are important to you. You can meet us at your home, your dental practice, or online via video call. 

We tailor our meetings for your individual needs, wants, and goals. It doesn’t matter if you’re an NHS dentist or you own or have shares in a private practice. We’ll pair you with a Financial Consultant that understands your career path, areas of concern, and long-term financial goals.

We can help you:

  • Create a plan to help you reach your financial goals
  • Plan for your retirement
  • Get started with investments
  • Protect your income for unexpected leave
  • Get insurance for your home, motor and travel plans
  • Understand the complexities of the NHS Pension Scheme
  • Find the right mortgage for you
  • Buy or sell a dental practice
  • Get financial advice for your business

And when it comes to understanding the latest updates in dentistry, we're here to clear up:

  • McCloud and the age discrimination case
  • Vicarious liability (the Breakingbury vs Croad case)
  • Contract changes, including changing NHS targets and what this means for your future

Protection for your practice

If you’re already running your own dental practice, Wesleyan Financial Services Consultants can also support you on a range of business protection issues.

You can talk to us about things like protecting the business against some of the costs of losing a key person, protecting business loans or insuring to provide funds for efficient succession planning. We can also help you with life cover for employees and employed directors.

Pension advice

Understanding your pension options can prepare you for a comfortable life when it’s time to say goodbye to dentistry.

Our Financial Consultants can help you create a plan for your retirement, with advice on:

  • The tapered annual allowance
  • Your NHS pension lump sum
  • Replacing NHS benefits when moving to private dentistry
  • Selling your practice and maximising your income
  • Retire and return
  • Flexible and early retirement
Protection advice

We know your long working days are often spent in close contact with your patients. Which means when you get sick or suffer an injury, you may face a long leave of absence.

When the unexpected happens, income protection can give you peace of mind to focus on your recovery. The Personal Income Protection Plan provided by Wesleyan Assurance Society gives you a tax-free income to help you pay bills and rent. It’s designed to start when your sick pay stops.

This is based on current understanding of legislation and tax treatment, which can change in the future.

Mortgage advice

Looking to buy a home or a dental practice? We’ll take the stress out of finding a mortgage or practice acquisition loan.

We know that dentists may face difficulties when applying for a mortgage. We can find you a lender that understands your profession and long-term earning potential - to improve your chances of a successful application.

As your mortgage is secured on your home, your home may be repossessed if you don’t keep up repayments on your mortgage

Investment advice

Are you looking to settle your student debt or open your own practice? With investment advice from our Financial Consultants, you could get there quicker. 

From Wesleyan’s With Profit ISA to the Capital Investment Bond, we provide advice on a range of investment products. And if you need help with estate planning, we’ll make sure your investments can be passed onto your beneficiaries tax-efficiently.

The value of investments and any income 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.

Talk to a specialist

Your Wesleyan Financial Services Consultant will:

  • Take the time to understand your current situation, financial goals, and attitude to risk
  • Assess your financial situation by appraising your income and outgoings and your current and future needs
  • Help you understand your financial options, specially selected to suit your needs and goals
  • Do the research, paperwork, and behind-the-scenes workings to make putting your plans into action pain-free
  • Create a unique financial plan to help you prioritise and develop for the future.

Frequently asked questions

  • Is the advice free?
    Meetings with our Financial Consultants are on a no obligation basis. If you do choose to take out one of our financial products as a result, there will be an initial advice charge and often some ongoing management charges to pay. While we may make recommendations for you, you don’t have to take out any Wesleyan products or services. 
  • What should I prepare ahead of the meeting?
    Don't worry about having a plan in place for the meeting, that's what our Financial Consultants are here for. However, if you do have time before your appointment, it can be handy to gather documents or information relating to your finances.
  • How long does the meeting last?
    An initial meeting will typically last around one hour, though it does depend on your individual situation and the complexity of your circumstances.
  • How soon will I be able to get a meeting?
    Not long at all. Complete the form today and we'll try to get you an appointment within the next ten days.