Financial Advisers in Hoddesdon

Hoddesdon is only just across the River Lea from Roydon, so although it is in a different county, it is one of the closest towns to our office. We help Hoddesdon families protect what they have and plan for what is ahead, and we help local employers look after their staff.

A close neighbour over the county line

Hoddesdon is a market town in the Borough of Broxbourne, Hertfordshire, on the western side of the Lee Valley. The A10 runs along its western edge, and Rye House and Broxbourne stations are both nearby, with trains to London Liverpool Street. Rye House is on the Hertford East branch, and Broxbourne is on the main line.

Families: building the foundations

For a young family, the most valuable thing is usually the income of the people in it. Before thinking about investing, it makes sense to check that the foundations are in place:

1. An emergency fund in accessible savings.
2. Protection so the household could cope if a parent died or became seriously ill. Critical illness cover pays a lump sum on diagnosis of certain serious illnesses, and life cover can clear the mortgage or replace income.
3. A suitable mortgage, reviewed whenever a deal ends.
4. Pension saving, starting with your workplace scheme.
5. Longer-term investments once the rest is in place.

We can help with every step. See our protection, mortgages, pensions and investments pages.

Employers: workplace pensions and key people

Hoddesdon has a wide range of local employers, from shops and trades to manufacturing and service firms. If you employ staff, you have legal duties to enrol eligible workers into a workplace pension. Our automatic enrolment guide for employers explains what is involved.

Smaller firms can also be badly affected by the loss of a key person. Key person insurance protects the business against the financial impact of the death or serious illness of someone important to it. More on our business protection page.

Later life

If you are nearing retirement, we can help you understand your pensions, plan how to draw an income and think about passing money on. Laurence Gould leads on this.

Protection jargon, decoded

Insurance documents can be hard going. Here are a few terms you are likely to come across:

• Sum assured: the amount the policy pays out.
• Term: how long the cover lasts, for example until the mortgage is repaid or the children leave home.
• Level or decreasing: whether the sum assured stays the same or reduces over time, for example in line with a repayment mortgage.
• Premium: what you pay, usually monthly. Premiums can be guaranteed or reviewable.
• Deferred period: for income protection, how long you must be off work before payments start.
• Written in trust: setting a policy up so the payout goes to the people you choose, usually more quickly and potentially outside your estate.

We explain all of this in plain English when we make a recommendation, along with what the policy does not cover.

Already have cover? It may still be worth a look

Policies taken out years ago may no longer match your life. The mortgage may have grown, children may have arrived, or you may have changed jobs and lost the death-in-service benefit you were relying on. On the other hand, older policies sometimes have features worth keeping, so cancelling one to start another is not always the right answer. We review what you already have before suggesting any changes, and we will tell you if we think your existing cover is fine as it is.

Meeting us

Because we are so close, Hoddesdon clients can easily meet us at our office in Roydon. Call 0333 011 5550 to arrange a time, book a free Google Meet video call online, or send a message from our contact page.

Around Hoddesdon

Frequently asked questions

Important: This page is general information about the areas we serve and the services we offer. It is not personal financial advice. For advice on your specific circumstances, please get in touch.