Pen Life Associates


Wake Up and Smell the Money


Most people’s money has a lot of work today. It’s got to pay for somewhere to live, transport, living expenses, insurances, school fees, pensions, holidays (if you’re lucky) and a whole host of other things. And I don’t know about you, but whatever anyone says about low inflation, I don’t see things getting any cheaper. So it doesn’t make sense to me that time and again we see clients pouring money down the drain.

Rarely do we see anyone who’s got all this covered. Low interest rates mean you’re getting woeful returns on your investment, yet you continue to let the greedy bankers take the mickey. If you’ve got £20,000 in bank or building society savings you’re lucky if you’re getting £100 a year in interest – and even that’s generally taxable. And let’s not go down the “but I don’t want to take any risk” route. With an interest rate of 0.5% and inflation above 2% you are absolutely taking a massive risk – your money is losing its spending power year after year. And if you’re having to eat into capital just to make ends meet, you’re on a very slippery slope.

There are simple ways to organise your savings to produce better and more tax efficient returns than the banks without taking undue risk. There are ways to structure your investments and deposits so they don’t produce taxable income. And that reduces your tax bill. Higher rate taxpayers can benefit from special investments that qualify for extraordinarily generous tax reliefs. And all this leads to more money in your pocket. To pay for all the stuff you need to pay for.

It’s our job to make sure your money lasts as long as you do and anything left over ends up with your family and not the Government. That’s what we do. That’s what we’re good at.

Most people have savings which aren’t producing the best, or most tax efficient, returns they could be, and often it’s very simple to re-direct savings to do the job properly. We often increase clients’ income substantially through increased returns and benefits and reduced tax and waste. The professional advice portal – Unbiased – reports that as much as £4.7 billion is wasted every year because of tax inefficiencies. The report also found that one in three Brits are confident in tackling their tax waste without the help of advisers. But 77% of them admit they don’t do anything about it. Are you one of them?

What Our Clients Say

'I have found my adviser warm, approachable, knowledgeable and accommodating. I know that I can contact her with any enquiries and they will be dealt with promptly and efficiently.'

Mr J Aldis

'If you want to feel totally confident and secure in the knowledge that your personal finances are in expert hands look no further. We know from our own experiences over 35 years Pen-Life are outstanding in all respects.'

Mr & Mrs B Western

'Thank-you for all the advice you gave me just at the right time. Everything is in place and the whole family is financially sound and settled. This couldn't have happened without your very well timed intervention and I can't thank you enough.'

Mrs J Hunsley

'Very happy with the service I have received, I have already recommend PenLife  to friends and family.'

'Everyone I have dealt with have always been really helpful and answered any questions I have had in a timely manner i have already recommended you to friends and colleagues so hopefully they will be in touch many thanks for all your help.'

'Everyone has been so friendly thank you.'

'Already recommend to a friend :)'