Seneca Reid Ltd Logo

Strategic Financial Planning

As part of our Life-Centred Planning process, we’ve talked about how market volatility is a normal part of investing. We’ve also discussed how we’ve structured your investments to “weather the storm” and maintain a comfortable level of income for you and your family during turbulent times.

But we also understand that even when you are armed with this knowledge you can get nervous during a market dip. What’s important is that you know how to prevent that initial wave of negativity from leading you to rash decisions that could damage your nes...


The extra freedom granted by the pension changes introduced in April 2015 is good news for all pension savers. However, the increased options could lead to many people making the wrong decisions and paying unnecessary tax, making professional financial advice all the more important.

In the event of your death, the money and estate that is left behind for your loved ones may be subject to tax and the amount of tax they may have to pay can be quite complex to work out. The government have provided the table below to give a bit more of an unde...


Improve Your Relationship with Money by Answering These 5 Questions

Posted by Andrew_Smith on Wednesday 1st of May 2019

Many people have a complicated relationship with money. Hang-ups carried over from childhood experiences get mixed together with positive and negative experiences from adulthood. Few people ever take the time to reflect on what money really means to them and how they can “get right” with money to make smarter decisions.

Take time to answer these 5 questions and you’ll do a better job of living your best life possible with the money you have.

1. What’s your first money memory?

Your earliest experiences with money probably happened in your ...


This is how to make a good decision when life throws you a tough choice

Posted by Andrew_Smith on Thursday 4th of April 2019

No matter how thorough our planning is, life inevitably tosses curveballs at us. Often these challenging moments are linked to major life transitions that affect our families, our careers, and our money. Balancing these variables can make arriving at the best decision that much more complicated.

Snap decisions are usually the least effective in the long run. Instead, take a breath, and let these decision-making strategies lead you towards the best possible outcome.

1. Discuss the decision openly and honestly with your spouse.

The harder ...