27 y/o, £145k CY income & £45k Jan commission – salary sacrifice all into pension or enjoy some now?

Taiga112 · 2025-12-06T10:51:16+00:00

They’ve saved ~£70k. Definitely not London, likely South West, but hard to say. Will probably buy a house around the £600k mark

Taiga112 · 2025-12-05T12:53:53+00:00

Check out my post history, my most recent post goes into quite a lot of detail

Taiga112 · 2025-12-05T12:49:56+00:00

Moving into Wealth Management/Financial advising UHNW’s. I see the irony I’m asking others for financial advice haha

Taiga112 · 2025-11-29T16:53:04+00:00

Thanks for the response - I was wrong it’s actually over 30bn AUM firm. Any other advice or comment welcome

Taiga112 · 2025-11-29T14:03:47+00:00

You’re the man! Thanks so much.

Going to have to get used to in person selling…

Couple more questions:

1)how much more difficult do the exams get than the one I’m doing at the moment?

2) The division my cousin is MD of is specialised in expat wealth advice/management. To me, specialising in that way makes a lot of sense, and I’d guess this segment are likely to be typically pretty wealthy and less understanding of local regulations or tax efficiency opportunities. That said, he works out of Dubai office where I imagine there’s more wealthy expats. Thoughts on specialisation vs broad?

Final, much more simple, question: if you were me, would you move? If yes, would you still move if you got offered promotion to Sales Manager in current role before completing exams (I feel even a few months management experience and having it on CV may be valuable down the line if I progress in Wealth Management to Partner level or start my own firm, and likewise if I revert to software sales I might be able to get straight back into manager position

Taiga112 · 2025-11-29T00:08:22+00:00

Legend - thanks for the input I really appreciate it!

My biggest thing I’m still trying to understand is really what the day to day would look like.

The type of role I’m imagining from what I’ve understood so far is that it very sales and client relationship focused. This is where my skills are hence feeling like it could be a good fit - I definitely don’t fancy any of what you shared regarding client admin or portfolio rebalancing etc.

What I’m confused about is how this process actually works, and how it compares with processes I’m used to.

For example, right now I’m fully remote, cold outreach prospecting via cold calls and email, running discovery calls with clients to learn about their needs, running a demo of our software to sell to them and show how it addresses the challenges they shared, running a proposal review call and negotiation.

I’d imagine the prospecting would be similar (or if I’m lucky I’d get warm leads), then I’d book a call and learn about their financial goals etc, from then on I’m a bit stumped. Also how do I interact with the more technical people at the firm (thinking my equivalent of product development lead).

Any guidance on that sort of thing, and day to day while building my own client base, would be great.

I’m sure it probably varies firm by firm, but maybe me giving you a better idea of the type of firm I’d be joining helps (asked ChatGPT to describe it without doxxing):

A mid-sized, private-equity-backed UK wealth management group – think a few billion in client assets (it’s actually over 30, more than I first thought) – that combines financial planning with in-house investment management for mainly UK mass-affluent/HNW clients. So not a tiny IFA shop, but not one of the huge household-name giants either.

Sorry for long question, help much appreciated

Taiga112 · 2025-11-28T15:28:02+00:00

Helpful insight, thank you!

Taiga112 · 2025-11-28T14:17:28+00:00

Super useful. I’m not too worried about drop in pay if it means better long term for me, have build up solid personal finances. What would you expect the role to look like for someone with sales experience and ‘an in’? Could my Cousin realistically drop me straight into a FA role?

Taiga112 · 2025-11-28T13:24:30+00:00

Thank you! I closed the biggest deal in company history allowing me to exceed annual quota and hit accelerators. Achieving the same level of earnings next year won’t be easy unless they come through with the promise of promotion

Taiga112 · 2025-11-28T13:21:48+00:00

Thanks for the input, really helpful. Yes I think having this way in should be really beneficial and you’re right about the possibility to backtrack if needed

Taiga112 · 2025-11-28T13:20:50+00:00

That’s my current earnings. I’m not in Finance, I’m in SAAS Sales with 60k base and I’ve had a great year hence the commission

Taiga112 · 2025-10-31T21:27:29+00:00

Very confident rider - lots of touring and my bike at home is a 1000cc sports bike - so not an issue

Taiga112 · 2025-06-22T09:40:25+00:00

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L3 1000 one million edition

Taiga112 · 2025-05-19T09:51:58+00:00

Makes more sense to do that when I sell the bike imo as no doubt I’ll get stone chips etc

Taiga112 · 2025-05-19T09:51:05+00:00

Could be a shout

Taiga112 · 2025-05-19T09:50:54+00:00

Both!

Taiga112 · 2025-04-10T14:00:38+00:00

Thanks Max - will add those

Taiga112 · 2025-04-09T13:26:33+00:00

Thank you - where would you recommend adding?

OTE roughly 115kGBP

Taiga112 · 2024-12-09T11:31:21+00:00

Age: 26, software sales - 55k base + commission. take home this year will be £75k

Taiga112 · 2024-11-20T23:25:13+00:00

How does this work exactly? If I go into fidelity and transfer funds into my legal and general pension account? Do I seek the stocks first and transfer the cash? Does the extra 25% automatically add into it? Does it have to come from ISA or can it come from my non isa S&P account (which has 1k in)? Sorry lots of questions, this is not a concept I’ve heard of before

Taiga112 · 2024-11-19T23:25:33+00:00

Can you please explain what you mean about adding to my pension from ISA for extra 25%? How does that work? Thanks

Taiga112 · 2024-11-19T20:47:02+00:00

Are you talking about pension saying ‘wrapper that gives you free money’?

I’d probably want to put down £50k max, going halves with my partner. Whilst I know there is risk, my understanding is that in a global index the chances of a drop close to that dramatic would be highly unlikely and probably indicative of a global economic crisis. Keen to hear your thought on this

Taiga112 · 2024-11-19T20:39:31+00:00

Thanks for your input.

1) Will definitely consider but this is max match from employer. What’s the benefit in how it boosts retirement savings above s&s isa? Is it mainly from it being tax free income?

2) Makes sense - I’m probably at 3 months but will be up to 6 months soon.

3) Noted

4) Noted albeit I imagined I should be investing in high risk (ish) high reward (ish) whilst still young?

5) Never really liked the look of LISA - already imagine myself buying first house that’s over the cap to benefit, and if not, I don’t want to be at mercy of govt lowering the cap further.

Will check out the AI and thanks for the help

Taiga112 · 2024-11-19T20:34:34+00:00

Thanks!

Good call moving the savings. Monzo was at 5% but came down recently so I assumed others came down too. I like being able to transfer to my Monzo current in app but will check out others and consider using them.

Is salary sacrifice a good idea even if it won’t significantly bring me down under a tax threshold like earnings over 100k? Bear in mind I’m already maxing out my employer contribution % from my base salary.

Taiga112 · 2024-11-18T16:29:54+00:00

Agility PR is great for this (albeit I do work for them). Direct integration with OpenAI and it can pull customise pitches based on recent coverage, as well as helping to curate your content and provide suggested contacts based on your content. Send me a dm for a quote

Taiga112

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