It’s easy to assume that once your financial plan is in place, it can run on autopilot. But life rarely stands still – and neither should your finances. That’s why at Osborne Financial, we encourage an annual review. Far from being a box-ticking exercise, it’s your chance to check in, realign with your goals, and make sure your money is working as hard as it should.
Here’s why it matters.
Your Goals Will Shift – And That’s Normal
Big life events often come with financial consequences – positive or challenging. Getting married, growing your family, buying a home, launching a business, or even planning a dream retirement all shift your priorities.
An annual review allows us to revisit your plans and check that your financial strategy reflects your current life. Whether you’re aiming to build up retirement savings, fund education costs, or prepare for early retirement, regular reviews help you stay on course and move forward with purpose.
Life Changes? Your Plan Should Too
Life is unpredictable. A year can bring plenty of change, and your financial plan should keep pace. In your review, we’ll talk through any key updates and consider how they affect your goals.
For example:
- Marriage or divorce: May require updates to tax strategies, wills, or beneficiary nominations.
- Children or grandchildren: Could mean new savings goals, like school fees or inheritance planning.
- Career changes: Promotions, new jobs, or stepping back from work may alter your income and tax position.
- Health concerns: Might prompt a review of insurance, cover for care, or emergency savings.
These conversations make sure your plan stays relevant and resilient.
Keep Your Tax Planning Sharp
Annual reviews are a great time to look at your tax position. Are you making the most of your allowances? Are your savings and investments structured tax efficiently? Small changes now can have a big impact later.
At Osborne Financial, we help you make the most of the reliefs and allowances available to you, year after year.
Reviewing Your Protection
Your insurance needs may change over time. Whether you’ve taken on a mortgage, had children, or want to ensure financial security for your loved ones, your level of cover should match your current situation.
We’ll review your life cover, income protection, critical illness cover, and private health options to make sure you’re not under- or over-insured – and that you have the right protection in place if the unexpected happens.
Tracking Progress Towards Your Bigger Goals
Whether it’s early retirement, a property purchase, or funding the lifestyle you want, your financial goals need structure and momentum. Annual reviews let us assess your progress and adjust your savings or investments if needed.
If you’re behind where you hoped to be, we’ll help you make the changes needed to get back on track. If you’re ahead, it might be time to explore new opportunities.
Reflecting on Investment Performance
Markets change, and so should your investment strategy. An annual review gives us the chance to assess how your portfolio is performing and whether it still suits your goals, time frames, and risk appetite. We’ll look at what’s working, what’s not, and whether it’s time to re-balance, helping you stay on track and make the most of growth opportunities, even in uncertain markets.
Making Space for New Goals
Sometimes, new aspirations emerge that weren’t part of your original plan like a move abroad, helping a family member, or changing career direction. An annual review is the perfect opportunity to raise these ambitions and explore how they could be built into your financial strategy. By making room for what matters most to you, we help ensure your plan remains as personal and flexible as life itself.
Putting You in Control
A financial review isn’t about starting from scratch – it’s about taking control, staying informed, and making confident decisions for the future. It brings clarity to where you are now, and peace of mind about where you’re headed.
We’re here to help you make those decisions with confidence.
Ready to review your plan?
Contact us and take a proactive step towards your financial future.
