Getting your money to grow and work hard is not easy in today's ever-changing market. Low interest rates, inflation, tax and investment risk are crucial areas to consider when making any investment.
We understand how these factors can undermine your financial security and potentially leave you vulnerable to unexpected life events. We want to see your money grow and provide you with the best possible advice whilst remaining true to your personal strategy and attitude to risk.
Investing for growth or income
Savings are the core to your financial security, we invest according to the risk you are willing to take and look to maximise the returns on your investment. Whether you want to invest in active funds, passive funds or within a Discretionary Fund Management system, we will advise you on the best course of action according to your personal circumstances. Include inflation.
Maximising Tax Allowances
Paying too much tax on your savings can have a serious impact on the returns being achieved. The government have recently announced changes to encourage people to save both the ISA limits and the amount of cash that can be invested in to ISAs. Maximising tax allowances, isn’t just about investing in ISA’s its strategic planning and implementation across the whole sector.
Saving for education whilst remaining on track for retirement is a complex area but with the right planning, we can help you access the right money at the right time. The advice process will show you how you can achieve both and provide you with a detailed plan.
For example, you anticipate that in say 12 years your son/daughter will be going to university for 3 years and in today’s money the fees are about £9,000 so you will need to save £27,000. You are not sure how much fees are likely to increase in the future but, you also need to save for a comfortable retirement. Following an in depth consultation our adviser will produce a plan to show you what you will need to do to achieve your goals.
All about ISAs
Since the Budget in 2014 the ISA has now been rebranded the NISA.
Effectively there is no difference between the Former Cash ISA and Stocks and Shares ISA for contribution limits. Each tax year an individual can invest up to £15,240 (correct as of Tax year 2016/2017) into a NISA. This will increase to £20,000 for the tax year 2017/2018. This can either be held on cash Deposits or Stocks and Shares. You can make this as lump sum deposits or save regularly.