Simon McCann

Can the right protection help you become more financially resilient?

Have you heard of the ‘protection gap’? You probably know someone who’s fallen into it.

Most of us know to get travel or pet insurance, or even just insure our mobile phone. But when it comes to really big life events, cover can easily get overlooked – causing a gap.

Far too many people aren’t properly protected against life-changing events, like losing their job or not being able to work because they’ve fallen ill. Which means that when these things do happen, they can have a much bigger impact than they need to.

Luckily, cover like income protection and critical illness can help people become more financially resilient. So, if you do have a financial shock, it doesn’t have to turn everything upside down. And it can be surprisingly simple and affordable.

If you’ve had a big milestone recently, or a change in your circumstances, it might be the right time to relook at your protection needs.

Reach out to me and I’ll be happy to help.

I became a Financial Adviser as I see Financial Planning as purposeful work that makes a BIG difference to peoples quality of life in retirement. I’ve worked in finance for just under 30 years but was mostly unaware of tax efficient investment options from my employers, the tax I’d pay in retirement as well as the fees I was paying until I left the City to become a Financial Adviser.

Most of my clients are in the same boat re pension investing when I meet them regardless of the sector that they work in so I mainly help my clients understand how to maximise opportunities, mitigate risks and minimise tax bills when investing for retirement. I like to think that they can outsource their medium to longer term financial worries to me so that they don't have to worry about it on a daily basis. I start with what they imagine retirement to look like and work backwards to deliver a financial outcome as close to their vision as possible.