Our Money Toolbox

03-11-2019

All Our Tools & Research

Since Drewberry started operating all the way back in 2009, we’ve been dedicated to offering our clients financial advice the way we think it should be offered: clear, concise and with no strings attached.

We think it’s important our clients have all the options on the table before making any decisions; otherwise, how do you know if you’re making the best choice?

We have found one of the best ways to understand and support our clients is through our research, tools and guides. Below is a summary of all our best bits in one convenient place.

Our Research…

The 2018 Drewberry™ Protection Insurance Survey

The 4th annual Drewberry Protection Survey polled 3,000 people and found that the average Brit was more worried about their cars, pets and mobile phones than themselves

The 2017 Drewberry™ Wealth & Protection Survey

The 3rd annual Drewberry Wealth & Protection polled 3,000 people and found more than 1 in 10 Brits said their finances were hanging by a thread, with 1 in 4 having less than £100 left at the end of every month.

The 2016 Drewberry™ Wealth & Protection Survey

Our 2016 money survey polled 2,000 UK workers, who were almost 3 times as likely to have pet insurance than Income Protection, despite 20% having no idea how they’d cope with long-term incapacity.

The 2015 Drewberry™ Protection Insurance Survey

See the results of our 2015 survey of 1,820 UK workers. 1 in 5 workers needed 3 months+ off work due to incapacity – but 58% wouldn’t get 3 months’ sick pay and 29% had less than a month’s income in savings.

Our Financial Calculators

We have created a number of tools to help our clients make better decisions when it comes to their finances whether that is making sure their income is adequately protection to working out how much their final salary pension could be worth.

is a final salary pension transfer right for you?

Final Salary Pension Transfer Calculator

A big part of knowing if a final salary pension transfer is right for you is knowing how fair your cash equivalent transfer value is. This calculator:

Benchmarks your CETV against the market to check the deal you’re getting
Takes into account metrics such as retirement age, life expectancy and deferment
Comes with a free guide to defined benefit pension transfers.

Pension Income Drawdown Calculator

If you want to use income drawdown to fund your retirement, you’ll need to know how long your pension will last. This calculator:

Works out how long your pension will last depending on the monthly income you want to take; OR
Works out how much income you can take from your pension if you want it to last a set number of years
Comes with a free guide to pension drawdown.

how much tax relief do you get on your pension?

Pension Tax Relief Calculator

Pension tax relief is one of the most generous tax breaks you’ll ever likely receive from the government. This calculator will:

Works out how much pension tax relief you could be entitled to
Takes into account the tapered pension annual allowance
Comes with a free guide to pension tax relief.

Pension Pot Calculator

How much will your pension be worth at retirement? And how long will that last? This calculator estimates:

How much your pension be worth given current contributions; AND
How long that will last in pension drawdown
Also comes with a free guide to richer retirement.

calculate your inheritance tax liability

Inheritance Tax Calculator

Forewarned is forearmed. If calculate your potential inheritance tax liability, you have time to work out how to reduce it. This calculator:

Works out how much inheritance tax you might need to pay
Includes the new main residence nil-rate band
Comes with a free guide to inheritance tax planning

Relevant Life Insurance Calculator

If you’re a company director, did you know you could save up to 50% on life cover with Relevant Life Insurance? This calculator:

Calculates the tax savings company directors could achieve with Relevant Life Insurance
Allows you to adjust your National Insurance contributions, income tax bracket and corporation tax rate for more accurate results.

Income Riskometer

Let’s you see just how at risk you are if you could no longer earn your salary. This calculator:

Pulls together all possible measures of income, such as state benefits and family support
Takes into account savings, employee benefits and your sick pay entitlement.

Life Expectancy Calculator

Knowing your life expectancy is important for so many reasons, from your pension to inheritance tax. This calculator:

Uses the government life expectancy data for the most up-to-date results
Provides your life expectancy in terms of the risk of you dying by a certain age based on your age and gender.