Aspect8

Independent Financial Adviser  Best Practice I F A Group Ltd, Worthing, West sussex, BN14 8EJ
First meeting at adviser's own cost
I will help you cut through the jargon surrounding Pensions and Investments to enable you to make the best decisions.
We can advise you on
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Annuity purchase
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Pension consolidation
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Pension drawdown
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Pensions & divorce
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Pensions & retirement planning
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Pensions review
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Pensions transfer
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SIPPs
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Equity release
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Wealth management
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Ethical investments
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ISA / Unit Trusts / OEICs
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Investing for income
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Investment trusts
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OEICs
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Offshore investments
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Socially responsible investments
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Unit trusts
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Lump sum
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National savings
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Regular savings
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Savings for children
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School fees planning
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Critical illness
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Income protection insurance
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Life insurance
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Capital gains tax
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Estate planning
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Income tax
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Taxation planning
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Corporate pension
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Employee benefits
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Group Pension/Stakeholder
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Group Protection/Life Insurance
Response rating
9.0/10
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FCA authorised
Last authorised 21st September 2020
Meet our advisers
Stephen Worsfold Chartered Financial Planner
Principal

This qualification assessed the knowledge and understanding of the UK regulation environment in the financial services industry together with types of mortgage products and repayment options and the giving of mortgage advice.

In order to have completed this qualification, individuals were required to obtain three units. These could have been selected from any combination of the available units at that time but must have included the compulsory G10 unit - Taxation and Trusts.

Having achieved the APFS designation, advisers can go onto to achieve this recognisable benchmark of quality and ethical practice for financial services professionals, elevating financial planning and advice in the public eye to the same standing as other Chartered professions. The holder must demonstrate a combination of experience, financial qualifications, ongoing educational activity (continuous professional development) and ethical behaviour.

This examination assessed a knowledge and understanding of the UK tax system, the law and practice of trusts, but also an ability to advise individual clients on the tax treatment of their investments and the use of trusts to meet their current and foreseeable future needs.

This qualification assesses a knowledge and understanding of the UK regulation environment in the financial services industry, lifetime mortgage products, repayment options and the giving of mortgage advice.

Associate members are those who have gone on to secure more advanced qualifications by completing the Advanced Diploma in Insurance or its predecessor the Associateship. This shows a commitment to continuous professional development.

This examination assesses the candidate to develop an understanding of the financial planning process when giving advice to clients.

This examination assessed a knowledge and understanding of investments and an ability to advise individual clients on the construction of investment portfolios to meet both their current and foreseeable future needs.

This examination assesses a knowledge and understanding of the different types of equity release products, risks to the consumer associated with equity release and application of suitable equity release solutions according to the circumstances of different customers.

This examination assesses a knowledge and understanding of the legislative and regulatory position of home reversion plans and their place in the advice process.

At the end of this unit, candidates should be able to demonstrate an understanding of the: process of decumulating pension funds and the main issues for clients and advisers; main choices facing members of pensions schemes during decumulation; features, risks and tax treatment of the secured pension option; features, risks and tax treatment of the unsecured pension option; features, risks and tax treatment of phased retirement; features, risks and tax treatment of the alternatively secured pension option.

At the end of this unit, candidates should be able to demonstrate an understanding of the: main tax and legal frameworks that govern the accumulation phase of building up retirement benefits under registered pension schemes; features of defined contribution and defined benefit pensions; choices faced by early leavers and use of transfer value analysis; State retirement benefits available, including the risks and suitability of contracting out of the State Second Pension.

This qualification assesses a knowledge and understanding of the UK regulation environment in the financial services industry, long term care insurance products and the giving of long term care insurance advice.

At the end of this unit, candidates should be able to demonstrate an understanding of: the basic structure of the tax system and self-assessment; the main taxes on income and capital that may be charged on individuals, the self-assessment system and how tax liabilities are computed; impact of residence and domicile on an individuals liability to UK tax.

At the end of this unit, candidates should be able to demonstrate an understanding of the: legal principles associated with the creation and management of a trust; main types of trusts that are common in the UK; taxation considerations relevant to trusts.

At the end of this unit, candidates should be able to demonstrate an understanding of: how the economic environment and individual company performance affects investment performance and investment decision making; how risk is measured and managed; the main principles governing how to construct an investment portfolio; the range of investment management services, how their performance is evaluated and their regulatory environment.

This qualification enables professional advisers to develop specialist planning capabilities, covers topics like: personal tax and trust, business financial, pension and investment planning.

At the end of the unit candidates should be able to understand the use of platforms in providing financial services, the legal regulatory environment in which they operate and the ability to assess the suitability of platforms in meeting client requirements

Accreditations
Chartered Financial Planner
What our clients say
We found Steve's advice extremely helpful in obtaining the best deal for us and explaining everything clearly.I would be happy to recommend his service to anyone who is seeking advice on equity release
Mrs Margaret Curtis, East Preston,West Sussex
"I thought it was about time I expressed my thanks and gratitude for your help in sorting out our finances. At the time you came to see us our situation was very difficult because of my husband's illness etc. You gave us complete confidence in your advice and you were very sympathetic with our circumstances. Your knowledge was very impressive but most of all you made everything very simple to understand and were so willing to help. Nothing seemed too much trouble for you and you gave your time and professionalism without any pressure at all. I really appreciated your help at the time and your ongoing interest in us. I know everyone is in business to make money but somehow you manage to combine this with a very apparent compassion for people and their circumstances and only act in their best interest. Thank you again."
Chris Buckenham, Lancing
“It is comforting to know that Steve cares about you and your finances.I have known Steve for the last 10 years and I have come to rely on him for guidance on my investments.He has always been helpful,kind and caring”
Mrs Edna MacMahon, Worthing
I have been very pleased with all that Steve has been able to do and I know that I can call him any time if I need advice. Steve has been able to explain complex issues very simply.I would have no hestitation in recommending his sevices
Pat Saunders, Shoreham By Sea
We were really pleased with the service Steve was able to provide. He was able to explain complicated matters to us in a way that was easy to understand. We found him to be friendly and trustworthy and would have no hesitation in recommending his services.
Keith and Brenda Johns, Storrington
We went into taking my Pensions blind -after your visit and advice our eyes are wide open-thank you for putting our minds to rest and taking a load off our minds by sorting out the best pension for us and increasing the Pension initially offered buy our original Pension provider. Highly Recommended.
Keith and Julie Moulding, Goring By Sea
About us

We are independent.

We provide you with impartial, objective financial advice. We pursue a “whole-of-market” approach via Best Practice – our network that promotes exceptional governance and standards through the provision of backup resource, training and support.
Best Practice has relationships with the majority of insurance companies, investment houses, pension providers and retail investment platforms. We use Best Practice to provide a bespoke service for you through a diverse choice of products and services at rates usually reserved for large institutional investors.

We work for you.

We work hard to help you understand your finances and how they fit into your life. Our approach is all-encompassing. We review your existing portfolio where you have one and assess it against a deeper financial plan that best meets your long-term objectives. As part of this we will consider the 8 Aspects of mortgages, pensions, protection, income protection, savings, investments, taxation and trusts.

We are proud to have won the award for Leading Business Adviser at the UK Platform Awards 2018.

Our services

Putting together your various Pensions Pots.
Advising on transferring Pension arrangements where appropriate.
Checking on the suitability of your existing investments for performance,risk and charges.
Drawing down your Pensions in a cost-effective way.
Passing on your Pensions and Investments to your Family,whilst maintaining control of them.
Reducing the impact of Inheritance Tax for you and your family.

Where to find us
Head office address: Best Practice I F A Group Ltd, Sussex House, North Street, West Sussex, Horsham, RH12 1RQ
Preferred clients
Minimum wealth (income/assets)
£50,000
Minimum pension value
£50,000
Minimum mortgage value
£125,000
Advice methods
  • phoneButton
    Telephone
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    Online (Live chat, video, email)
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    Face to face
Compliance

Your home may be repossessed if you do not keep up repayments on your mortgage.

Response rating
9.0/10
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FCA authorised
Last authorised 21st September 2020

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