Could you benefit from financial advice?

Answer all the questions below to see if you could benefit from speaking to an adviser and determine which of our services you might be eligible for.

Managing day to day finances

Are your savings plans for the next 5 to 10 years on track to meet your financial goals?

Are your savings plans for the next 5 to 10 years on track to meet your financial goals?

Have you reviewed your mortgage or loans in the last three years?

Have you reviewed your mortgage or loans in the last three years?

Protecting you and your family

Would you be significantly financially impacted if the primary earner became unable to work due to illness?

Would you be significantly financially impacted if the primary earner became unable to work due to illness?

If you became sick, were terminally ill or died, would you or your family be able to continue to make all the essential payments and retain their current standards of living?

If you became sick, were terminally ill or died, would you or your family be able to continue to make all the essential payments and retain their current standards of living?

Investments and performance

Do you feel confident managing your investments by yourself?

Do you feel confident managing your investments by yourself?

Do you have the time to regularly review the performance of your investments and keep in touch with the latest market developments?

Do you have the time to regularly review the performance of your investments and keep in touch with the latest market developments?

Tax efficiency and long term planning

Are you concerned that your income in retirement will not allow you to maintain your current standard of living?

Are you concerned that your income in retirement will not allow you to maintain your current standard of living?

Do you know which investments or savings products are most tax efficient for you?

Do you know which investments or savings products are most tax efficient for you?

Wills and Estate planning

Do you have a Will, and if so have you reviewed your Will in the past 5 years or since any significant life event e.g. children, marriage?

Do you have a Will, and if so have you reviewed your Will in the past 5 years or since any significant life event e.g. children, marriage?

Have you considered the impact of Inheritance Tax on passing money on to your family?

Have you considered the impact of Inheritance Tax on passing money on to your family?


Information sources

  1. How old will you be before you are debt free – Sky News, 3 February 2016
  2. Household debt at highest for five years, says TUC– BBC Business News, 8 January 2016
  3. Scottish Widows - Protection Report – Mortgages 2015
  4. Average Cost of Raising a Child in UK £230,000 – The Telegraph, 22 January 2015
  5. Should we be concerned at soaring UK household debt? – The Week, 7 March 2016
  6. UK households raise their savings by over 400% in past 40 years – Lloyds Banking Group Press Release, 7 August 2015
  7. Scottish Widows Retirement Report 2016
  8. Scottish Widows Retirement Report 2016
  9. Making a will: Sharp rise for intestate queries - BBC UK News, 19 May 2016
  10. Will the new inheritance tax rules affect you? – The Telegraph, 9 May 2016
Based on your answers...

You seem to have plans in place for many areas of your personal finance.

You seem to have plans in place for many areas of your personal finance.

We all have different objectives in life and need different strategies to help achieve them. This is why our private banking service is as individual as each of our clients.

Talk to us about how we can work together, with the help of our specialist advisers, to consider the different ways you may be able to achieve your personal financial objectives.

Please be aware that in order to be eligible for private banking you need to have at least £250,000 of savings and investments.

Before we provide you with any services or products, we will explain and agree with you what advice can be given, the products and services this advice covers and any charges that will apply.


Book an appointment > Explore private banking >

Call us


Phone

From within the UK, call:

0345 366 2725

If you're calling from abroad or would prefer to not use the 0345 number, you can call us on

+44 (0) 131 242 0100

Line opening times

Mon, Wed and Fri 9am - 5pm

Tues and Thurs 9am - 7pm

Sat 9am - 1pm

Excluding Bank Holidays

Call charges may vary and calls may be monitored and recorded.

Important Information

As with all professional advice, there will be a charge for our services. We recognise financial advice may not be for everyone so before you commit to any charges we will ensure you understand the basis of our advice and the level of charges that will apply.

Based on your answers...

You seem to have some areas of your personal finances that require attention.

You seem to have some areas of your personal finances that require attention.

Careful planning may help you reach your goals, whether you're buying your first home, raising a family or planning for your retirement.

With our personal review service, you'll meet a Lloyds Bank Personal Account Manager. Their aim is to make sure you're getting the best value for money out of banking with us.


Get a personal financial review > View our guides >

Call us


Phone

From within the UK, call:

0845 300 0000
Line opening times

General enquiries open 24/7.

Call charges may vary and calls may be monitored and recorded.

Based on your answers...

You seem to have many areas of your personal finances that require attention.

You seem to have many areas of your personal finances that require attention.

We believe in providing a personal financial advice service. We have the experience and expertise to help you make financial choices to match your individual needs.

Talk things over with one of our Private Banking and Advice Managers. So whatever your financial aims, we’ll support you with a personal service designed to help you make the right choices towards achieving your goals.

Please be aware that in order to be eligible for financial advice you must have at least £100,000 of savings and investments, or a sole income of at least £100,000 per annum.

Before we provide you with any services or products, we will explain and agree with you what advice can be given, the products and services this advice covers and any charges that will apply.


Book an appointment > Find out more >

Call us


Phone

From within the UK, call:

0345 366 2725

If you're calling from abroad or would prefer to not use the 0345 number, you can call us on

+44 (0) 131 242 0100

Line opening times

Mon, Wed and Fri 9am - 5pm

Tues and Thurs 9am - 7pm

Sat 9am - 1pm

Excluding Bank Holidays

Call charges may vary and calls may be monitored and recorded.

Important Information

As with all professional advice, there will be a charge for our services. We recognise financial advice may not be for everyone so before you commit to any charges we will ensure you understand the basis of our advice and the level of charges that will apply.

Based on your answers...

You seem to have many areas of your personal finances that require attention.

You seem to have many areas of your personal finances that require attention.

Living, working or retiring in another country can be rewarding, but also comes with its own challenges.

Talk to us about how the International Banking services may be able to help you manage your finances in multiple countries and currencies.


Discover International Banking >

Call us


Phone

From within the UK, call:

0800 055 6358

Calling from outside the UK

+44 (0) 1624 641 825

Line opening times

Mon - Fri 8am - 6pm

Sat 9:30am - 1:30pm UK time.

Call may be monitored and recorded. Call charges may vary.

Please be aware that some products and services have eligibility criteria and additionally not all services are offered in all countries. Please see the International Banking site for further details.

As with all professional advice, there will be a charge for our services. We recognise that financial advice may not be for everyone so before you commit to any charges we will ensure you understand the basis of our advice and the level of charges that will apply.

Tips for managing your personal finances


  • By reviewing your borrowings you may be able to reduce the amount of interest you pay. Either by paying off high interest products like credit cards and overdrafts quickly, or by remortgaging to a different loan. The right solution will depend on your personal circumstances, as well as the interest rates and outstanding balances on each sum you have borrowed.
  • If you find you have some money to spare each month, look at how you can put that money to work by paying off some debt or paying regularly into a savings account.
  • A serious illness could have a major impact on your life and your ability to earn a living. Income protection insurance could provide regular payments if you are unable to work due to an accident or long-term illness.
  • How much life cover you require will depend on your personal circumstances, such as how much your family will need to support themselves without you; the size of your mortgage and other debts, as well as the amount needed for school and university fees.
  • If you're comfortable with some level of risk, you might want to consider spreading the risk across your different investments.
  • Splitting your money into several different "pots" might be a good idea. You could keep one pot for a rainy day to dip into and another for medium to long-term investments.
  • Making use of your full ISA and pension allowance every year and making the most of your capital gains allowance may help you to pay less tax (for UK residents).
  • Before you invest, bear in mind that inflation and charges will make a difference to the real value of your money over time. If the return on your investment is lower than inflation, the buying power of your money can go down.
  • Some investment products offer tax benefits that may help you make more of your money. The effect of tax depends on your individual circumstances, and tax rules and limits may change in the future.
  • Nobody wants to think about it, but if you're going to invest you need to think about what would happen if you died or became seriously ill. Would your investments have to be used for something other than what you intended them for?
  • By having a Will you could organise things the way you want and make it a lot simpler for your heirs.
  • Inheritance Tax liability could be reduced by using appropriate and legitimate exemptions, where applicable.