Parasol Money
When you join Parasol, you can be sure we’ll look after your hard-earned cash as if it were our own! Parasol Money is a great service, provided by Contractor Financials Ltd, highly regarded and experienced Independent Financial Advisers who specialise in offering tailor-made financial solutions for contractors and freelance workers like you.
And, whether you’re new to contractor services, or a bit of an old-hand at the job, our IFAs will make sure that we make the most of every single penny of your hard-earned income, whilst giving you peace-of-mind as a contractor. How do we do this? By offering a range of services from pensions to income protection – in short, those elements of a big company safety net that you may have left behind.
- Pensions - investing via our in-house personal pension can save you up to 48% in tax and NI. It’s the most efficient way of reducing your liabilities and is an essential part of making the most of our service; it costs nothing to join and also forms a welcome boost to your retirement plans.
- Mortgages - we take the hassle out of obtaining a mortgage, or re-mortgaging, because we have special relationships with lenders who understand the way you work!
- Income protection - advice on schemes that provide a safety net to help pay the bills if you fall ill or suffer an injury and are unable to work.
- Critical illness cover - pays out a lump sum on diagnosis of a range of serious medical conditions.
- Life cover – putting your mind at ease that your family will be taken care of in the event of premature death.
- ISAs and investments – you can invest up to £7,200 in a tax efficient Individual Savings Account each tax year (more if you’re over 50) and exploit other onshore and offshore investment opportunities with Parasol.
- Private medical insurance – we offer you 35% discount on WPA healthcare, giving you and your family access to quality treatment, avoiding lengthy NHS queues and getting you back to work sooner.
To find out more, complete one of our online enquiry forms, call 0845 062 8000 or email us at advice@parasolmoney.com.
Guidance given on this website is based primarily on UK regulations and is primarily structured towards clients resident in this country. Advice on this site is provided by Parasol Money which is a trading name of Contractor Financials Ltd and is regulated and authorised by the Financial Services Authority.
Please read our Important Legal Information.

