Financial Wellbeing
Finance and life are intrinsically linked. If your finances are not in order, how can the rest of your life be? And if you don’t know what you want from life, how do you know your finances are perfectly positioned for you and your circumstances? Financial wellbeing starts with understanding finances. Understanding brings the feeling of control. My services can help you, your family, or your employees to understand your finances and how they fit into your wider life. I use coaching and mentoring techniques and I share my knowledge and experience from over 20 years in financial services to help you gain clarity.
I offer three packages:
1. Independent Sounding Board Sessions
The UK financial services industry can be complex and confusing. Regulated financial advice is linked to financial products but sometimes, you don’t want to be sold a product. You just want to gain some understanding, ask some questions and then make your own decisions.
a. Who is it for?
- Anyone who wants to understand their finances in more detail
- Anyone who wants to take their own decisions
b. What’s included?
- Meetings with Svenja to gain access to her knowledge and experience
- Full flexibility on number and frequency of sessions
- Follow up information by email
- Email support in between sessions
c. What topics will we cover?
- This can be driven by you
- Typical topics include support when selecting a regulated adviser, rules and legislation around different financial products, understanding charges and fees in the financial services industry, building a financial strategy for you and your loved ones, an MOT of your current financial plan with points to consider going forward
d. What does it cost?
- £150 per one-hour session
- £300 per two-hour session
2. Family Dialogue for Intergenerational Wealth Transfer
‘Over the next 30 years, the intergenerational wealth transfer is expected to be around £5.5trn, labelled as the greatest wealth transfer in UK history.’ FT Adviser
When transferring wealth from one generation to the next, you have to think about more than just the practical financial questions, such as how much can I afford to pass on and how do I do this tax efficiently? How will it impact the relationship between the generations, what do the different generations want to achieve with the wealth and are there differences that need to be addressed to avoid conflict or resentment?
a. Who is it for?
- Families who are considering transferring wealth to younger generations
- Families who have intergenerational conflict about money and finance
b. What’s included?
- Family sessions with Svenja to create a dialogue and resolve conflict
- Individual sessions with Svenja to allow family members to think without judgment and create their own life and financial plans
- Financial education for the younger generations
- Family wealth plan that includes values, goals and a financial plan for the family wealth
c. What topics will we cover?
- Meaning, purpose and values for the family and its members
- Goals for the family and its individual members
- Understanding finances and family wealth
- Understanding financial services and financial products
- Money mindset and money habits
- Working through generational differences and conflicts
- Finding compromises
d. What does it cost?
- As every family is very different, both in size and requirements, it is difficult to provide one package that fits all
- Please contact me for a bespoke quote for your family
3. Financial Wellbeing for Employees
Financial wellbeing is an important part of every staff wellbeing program. Employees that feel informed and in control of their finances will be more balanced and therefore more productive. My service focuses on the human interaction with me and the provision of unbiased information about money and finance. The aim is to empower employees to inform themselves and take action.
a. Who is it for?
- Employers that want to offer an unbiased and educational financial wellbeing program to their workforce
- Employers that would like to ensure their workforce understands their employee benefits, including their workplace pension
- Employers that want to ensure their employees have good money habits and feel positive about money
b. What’s included?
- Flexible and bespoke packages can be put together depending on company requirements and number of employees
- I can deliver topics in seminar format for larger groups, in workshop format for smaller groups, as clinics with short one-to-one sessions with individuals or as longer individual sessions
c. What topics will we cover?
- Understanding financial services
- Understanding pensions
- Planning for life after work
- Building your own financial plan
- Money mindset and money habits
d. What does it cost?
- As every company is different, both in size and requirements, it is difficult to provide one package that fits all
- Please contact me for a bespoke quote for your company
