IMS FINANCIAL SERVICES

Debt Negotiation

We provide guidance and oversee plans to improve your position in negotiations with your creditor/banks. We, at IMS, advise on the options to be considered now and into the future, to facilitate a possible re-structuring of your bank debt / Adjustment in your personal liability. We consider potential workout solutions, to include possible re-financing; introduction of new equity (if available), joint ventures, or disposal of assets.

With your written consent, communicate with all third parties on your behalf, where appropriate to negotiation and discuss your outstanding credit facilities and all other associated matters.

We provide a dedicated Debt Management website which can be found HERE.

Specified illness

When you are young you feel invincible, you can take on the world, falling ill or being incapacitated is not a concern for most of us. As we get that bit older we come to realise that while we can still take on the world we are not as invincible as we first thought, a serious illness can take you by surprise and leave you facing a financial shortfall. Specified illness cover is there to providing financial protection to those that are diagnosed and/or may need treatment for an illness deemed serious.

Income Protection

Income protection! Isn’t that just another form of specified illness cover? This can be a confusing area of insurance for even the most savvy of us. While both types of policy are intrinsically linked to loss of income due to inability to work they differ in how the cover is deployed and what specifics they pay-out for. Specified illness is usually paid out as a lump sum upon meeting the criteria laid out in the policy, Income Protection is generally paid in installments after your deferred period and is paid on an on-going basis until you are able to return to work, your policy ends, you reach retirement age or you die, which ever may be first.

There is no specific conditions to be met, if you are certified unable to work the policy will come into effect.

Income Protection Video can be viewed HERE

Group Pensions

At IMS Financial we are well placed to provide guidance to both Employer & Employee when choosing to start or update their group pension scheme. Our advisers will take the time to meet with the Employer and Employees. Following a consultation our Adviser will be in a position to advise which Pensions scheme would benefit both Employer and Employee, even on an individual level. We know every employee has different needs at different times in their life.

So, Group Pensions....what is it? In a Group pensions scheme the pension is placed with a pension company and run by the Employer or appointed Trustees . The pension builds using employee contributions, contributions the employer may make, investment returns and tax relief. There is usually a range of funds to choose from. The value of investments may go up or down.