Scott Gallacher

About

I am a Chartered Independent Financial Planner and Director of Rowley Turton (IFA) Ltd, a multi-award-winning firm of Chartered Financial Planners. Having worked in financial services for more than 30 years, I have developed extensive experience across retirement planning, investments, pensions, tax planning and wider financial planning. My approach is to look at the whole picture rather than simply individual products or investments. I enjoy helping clients understand where they are financially, what they want from the next stage of their lives and what their money needs to do to make that possible. A large part of my work involves helping people answer questions such as: Have I got enough? When can I afford to retire? Will my money last? How much can I afford to spend and enjoy? And what do I want to leave to the next generation? I have particular experience working with: • People planning for retirement • People already enjoying retirement • Business owners considering when and how to step back, succession or an eventual exit • Families looking to manage and pass wealth between generations • People who have recently been bereaved As a business owner in my 50s, I understand first-hand many of the questions other business owners face as they start thinking seriously about retirement. A business can represent far more than an asset on a balance sheet. It can be your income, your family’s security, a significant part of your wealth and an important part of your identity. I particularly enjoy helping business owners consider when they can afford to step back, whether they have accumulated enough wealth outside the business, and how their business, pensions, investments and wider financial planning fit together. My wider philosophy is that financial planning should not simply be about accumulating as much money as possible. It should help you understand when you have enough and give you the confidence to use your wealth to enjoy the life you have worked hard to create. This thinking also inspired my book, '50 Today 100 Tomorrow', which explores how longer lives should change the way we think about money, retirement and what comes next. The book also considers some of the particular challenges facing business owners, including what “enough” really means, the risks of relying too heavily on a future business sale and the importance of building financial independence outside the business. How I add value will depend on your individual circumstances and objectives, but it may include: • Helping you understand when you have achieved financial independence • Creating and maintaining an appropriate long-term investment strategy • Making appropriate use of pensions, investments and available tax allowances • Helping you make informed investment decisions and avoid common behavioural mistakes during changing markets • Planning how to draw and enjoy your wealth sustainably throughout retirement • Helping business owners bring their business and personal finances together • Helping you consider how and when to pass wealth to your family • Saving you considerable time, complexity and unnecessary financial worry Rowley Turton is based in Leicester and advises clients throughout the UK. We have been providing independent financial advice since 1996 and are proud to hold Chartered firm status, reflecting our commitment to high professional and ethical standards in financial planning. My focus is not on selling financial products, but on building long-term relationships and helping clients make good financial decisions throughout the different stages of their lives.