Financial adviser in Ilkley
Inheritance tax, pension and financial planning for Ilkley families, from our office about 14 miles away at Follifoot, near Harrogate.
Financial planning for Ilkley
Ilkley is Harrogate’s fellow spa town across the moor, with the Cow and Calf above it and some of the most sought-after homes in West Yorkshire below. Plenty of Ilkley families have built real wealth over a working life, mostly tied up in property and pensions.
That makes inheritance tax the question we hear most here. Estates worth more than £2 million start to lose the residence nil-rate band, and from April 2027 unused pensions count towards the total. Two homes, a healthy SIPP and some investments can reach that line sooner than people expect.
- Nearest office
- Harrogate office, about 14 miles from Ilkley as the crow flies
- Meetings
- At our office by appointment, or by video and phone
- First conversation
- Free, and with no obligation
- Call us
- 01423 611004
What Ilkley clients usually ask us
- Staying under the £2 million taper For every £2 above £2 million the residence nil-rate band falls by £1, so a couple can lose the full £350,000 by £2.7 million. Lifetime gifts, spending and charitable giving can all bring the estate back under.
- Which pot to spend first Before 2027 the usual advice was to spend savings and keep pensions for the children. That order is now worth re-testing, because pensions will be counted too and may also be taxed as income for your beneficiaries.
- Gifting with confidence We model how much you can give away and still sleep at night, then help you record gifts properly so your executors can prove them.
Our services in Ilkley
Financial planning in Harrogate
A plan for the life you want, built around cashflow modelling and reviewed every year. Investments, tax and protection in one place.
Pension planning in Harrogate
Know when you can stop work and what you can spend. We plan contributions, drawdown, transfers and how your pensions sit with the 2027 tax changes.
Inheritance tax planning in Harrogate
Pass on more of what you’ve built. Gifting, trusts, business relief, and what pensions entering the estate from April 2027 means for you.
I have enlisted the help of two leading members of Seventy Financial Planning over the past few years – Chris Riley and Andrew Brierley. Both have been fantastic and relaxed in their friendly Yorkshire manner! In fact all of the team at Seventy are great. Highly recommended.
Seventy brought real clarity to my personal situation, highlighting areas that need attention and which were performing well. I appreciated the genuine desire to understand my personal situation. The unhurried and professional approach made Seventy a pleasure to work with.
My wife and I first contacted Chris at Seventy some 10 years ago. We were very impressed with him and the advice we were given, and have been ever since. It is good to know that our finances are being taken care of by such a competent adviser and I would recommend Chris’s services to anyone.
The team at Seventy Financial Planning have provided my wife and I with invaluable expert advice and support over a number of years. Their services are very professional and first class. I would not hesitate to recommend them to anyone seeking independent financial advice.
Seventy has been a real lifesaver for us. Our investments with a previous firm were rapidly depleting. This would have resulted in severe difficulties for us. Seventy stabilised and grew our investments. That this was achieved in the difficult markets we are seeing is impressive.
Chris from Seventy sat with me and assessed my needs and how risk averse I am. He then provided me with a full review of findings and investment options. I am now in a better financial position than I would have been without his advice and I have been able to take early retirement.
Ilkley: your questions
Is Ilkley within your area?
Yes. Ilkley is about 14 miles from our Harrogate office and inside the 15-mile area we focus on. Most Ilkley clients meet us by video, and in person at Follifoot for the bigger meetings.
Can you set up trusts?
We advise on how a trust fits your plan and on investing trust money. The legal documents are drawn up by a solicitor; we’re happy to work with yours or introduce one.
What happens to my pension when I die after April 2027?
For most people it will be added to the estate for inheritance tax. Pensions left to a spouse or civil partner, or to charity, stay exempt, and death-in-service benefits are excluded. Read our guide to the change.
Let’s chat
You’ve learned a little about us, and now we’d like to know a little about you.
Let’s arrange a free, no-obligation call with one of our advisers.
Fill in the form and we’ll be in touch, or simply call us on 01423 611004.