PPS Advisory Services and Enablement (ASE) About PPS ASE PPS ASE is an advisory channel that provides our professional members with customised and integrated financial advice and planning services to ensure that they can live the lives they deserve to live. Our advice-led financial processes are customised to meet the needs of graduate professionals and are specifically tailored for this purpose. Our 130 financial advisers provide a highly personalised service, with each being responsible for 300 to 400 members. In addition, our 15 wealth managers in our boutique Wealth Advisory Service provide high-net-worth professionals with tailored financial advice and solutions for their wealth protection, wealth creation and wealth acceleration needs. We also provide specialist support services to our network of PPS independent financial advisers to assist with complex financial planning and business assurance. Our internal PPS financial advisers offer financial assessments and recommendations for a range of customised solutions as well as expert advice on the entire suite of PPS products. Both our solutions and our products take into account the various lifestyle and financial issues that impact graduate professionals to ensure that each financial journey meets the unique needs and goals of the individual member. Our integrated approach ensures that members can benefit from tailored financial solutions which satisfy both their financial and lifestyle needs. These include: Risk insurance planning Risk insurance planning is the process of planning for an unforeseen event like the death, disability or severe illness of a breadwinner or business owner. PPS ASE can help to mitigate the impact of unexpected events like these with appropriate lifestyle protection. Savings and investments planning Savings and investments are crucial for professionals to reach their financial goals in the short, medium and long term. They are fundamental to financial security and the longer the savings or investment period, the greater the benefit from compound investment growth. Estate and legacy planning The value of the legacies that professionals leave behind depends on long-term planning. PPS’s estate and legacy planning service enables members to proactively create a valuable legacy. A sound estate plan enables them to protect and grow their assets during their lifetime and to ensure that those assets are available to provide for loved ones after their death. Retirement planning There are only around 480 pay-cheques between the time professionals start working in their twenties and the time they retire, typically in their sixties. Since many will live to 85 or more, they will need an income for at least 240 months. The only way to secure this is to start planning for retirement as early as possible and to select the right investment strategy. Business planning Business planning is designed to maximise tax efficiency and ensure business continuity in the event of a serious illness or death. A sound business plan ensures that the business is covered against such eventualities as accidental damage and personal liability claims. PPS Integrated Report 2021 PPS Group performance at a glance | 60
RkJQdWJsaXNoZXIy NzI4MzY4