Extended note
Director exit: aligning pension and share sale timing
A manufacturing director approaching a trade sale needed to know whether to accelerate pension contributions before completion or preserve cash for a house move. North Quay ran a comprehensive planning review alongside the company’s accountant.
Constraints included an incomplete SIPP valuation, a spouse with unused ISA allowance, and a completion date that shifted twice. We delivered a sequenced memorandum: contribution levels for the current tax year, a holding pattern for the bonus expected at sale, and a protection check on key-person cover that the buyer’s lawyers later required.
The client later commissioned a short investment second opinion on the cash proceeds before choosing a discretionary manager. We remained independent of that manager’s fee.