Client journey.
Your Path to Financial Well-Being with BetterLife Financial Planning
At BetterLife, we understand that your financial journey is personal, and we're here to make it clearer and easier. Whether you’re planning for retirement, managing wealth, or tackling life's unexpected financial challenges, we provide clear, actionable advice tailored to your needs. Our goal is to simplify the complex, bring clarity to the uncertain, and help you create a financial plan that aligns with your vision of a secure future.
Every journey starts with an introductory meeting - at our expense. This is where we listen to your story, understand what’s driving you to seek financial planning advice, and discuss what’s most important to you. We’ll talk about your goals, current challenges, and how we can help make your financial future brighter.
What’s Next?
After our call, we take the time to assess how we can best support your needs. Within a few days, we’ll send you a clear email that outlines the scope of our work, costs, and the next steps. Transparency is key, and we want you to feel comfortable before moving forward.
Introduction meeting: Getting to Know You
Engagement and Portal Setup: Getting Started
Once you’ve decided to work with us, we’ll get you set up on our secure client portal - your personal hub for tracking progress and staying connected. At this stage, we’ll also complete key admin tasks like signing agreements, verifying identity for Anti-Money Laundering compliance checks, and gathering an overview of your existing financial arrangements. You’ll fill in a financial fact find, and we’ll handle letters of authority to request detailed information from your providers.
These steps ensure we have everything in place to move forward smoothly.
Discovery: Understanding Your Financial Landscape
At the heart of great financial planning is a deep understanding of you - your ambitions, your values, and the life you want to live. This stage is where we really get to know you, going beyond the numbers to explore your goals, priorities, and any concerns about your financial future.
Through a detailed fact-finding discussion, we’ll clarify what truly matters to you - whether that’s retiring early, providing for your family, funding life experiences, or ensuring financial security in later years. We’ll also fill in any gaps from the fact find, checking that we have an accurate and complete picture of your financial world.
At the same time, we begin the technical groundwork - liaising with pension and investment providers to uncover the finer details of your existing arrangements. Many people don’t know the full specifics of their policies, and we dig deep to ensure we have clarity on what you already have in place, where the gaps are, and whether your current setup is working as hard for you as it should be.
From here, we start building your cash flow model, stress-testing different scenarios to help you visualise your future. What if you reduced your work hours? What if you gifted money to family? Could you afford to retire earlier than planned? What happens in the event of unexpected life changes?
This phase brings clarity and confidence, transforming complex financial questions into real, tangible insights. By the end of this step, you'll have a deeper understanding of where you stand today - and a clear direction for the journey ahead.
Financial Planning: Creating Your Personal Roadmap
With a deep understanding of your financial landscape, we move to the next phase: crafting a tailored financial plan. This stage refines our analysis into clear, actionable recommendations designed to align with your aspirations. We present the plan in detail, walking through our recommendations and discussing how they align with your objectives. This is an opportunity to ensure the plan resonates with you and that every element reflects your financial goals and personal values.
Once we have confirmed that the plan is the right fit, we move on to the formal recommendation report. This document consolidates everything we have learned about you, your journey, and the financial path you want to take. It lays out the specific steps we recommend to help you achieve your goals. We present this report to you, giving you time to review it and ask any questions before moving forward.
Implementation: Bringing Your Plan to Life
Once you approve your financial plan, we take action. If the plan involves the recommendation of financial products, we will oversee investment transactions and portfolio adjustments, set up automated savings and contributions, coordinate with other financial professionals, and make sure all the recommendations are in place as agreed.
Ongoing Partnership: Your Long-Term Success
Our relationship doesn’t end once your plan is in place. Each year, we hold an annual planning meeting to reassess your financial situation and long-term aspirations. Some call these reviews, but we see them as an opportunity to look ahead rather than back. We discuss any changes in your circumstances, new goals that may have emerged, and whether adjustments are needed to keep you on track. This process ensures your financial plan remains aligned with your evolving needs and external factors such as tax laws, market conditions, and economic shifts.
Beyond these meetings, we offer ongoing support whenever you need it. Whether it’s tax planning, adjusting your investment strategy, or addressing life’s unexpected changes, we are always available to provide guidance and make necessary refinements to your plan.
At BetterLife Financial Planning, our mission is to provide expert financial guidance at every stage of your journey. Your success is our priority, and we are committed to helping you achieve financial peace of mind.
The Financial Conduct Authority does not regulate Cashflow Planning.
The value of Pensions and Investments and any income from them can fall as well as rise. You may not get back the full amount invested.
