Investment & Savings Advice
Why do I need to invest?
To meet both short and long term investment needs. Short term needs may include saving for a car or a holiday, whereas long term investment needs could be saving for retirement, school fees or providing capital for children as they grow up.
Helping you with your Portfolio
The various assets owned by an investor is called a portfolio. As a general rule, spreading your money between the different types of asset classes helps lower the risk of your overall portfolio underperforming.
Managing investments takes time. This is where we can help, both in advising you on your investment needs and assisting you in managing your portfolio.
Please contact us so that we may assist you in determining an investment strategy best appropriate for your needs and circumstances.
Examples of some of the different types of investments
New ISA Saving accounts (NISAs).
From July 1 2014 all ISAs became New ISAs (NISAs). This applied to all existing ISAs and new accounts opened after 1 July 2014. Cash and shares ISAs are now merged into single New ISA (NISA) with annual tax-free savings limit of £15,000 (£15,240 from April 2015). This is to make the system “simpler”. You can use the full limit for either cash, investments or a mix of both.
The value of investments and income from them may go down as well as up. You may not get back the original amount invested.
Investment Trusts are companies that buy and sell shares in other companies. When you invest in an investment trust company, you become a shareholder of that company. Your shares will rise and fall in value according to supply and demand for the shares.
A unit trust reduces your risk of investing in the stock market by pooling your savings with thousands of others, and then spreading the money across a wide range of shares or other types of investment.
Open ended investment companies were introduced into the UK in 1997, from Europe. Open-ended means shares in the fund will be created as investors invest and cancelled as they cash in.
These are policies which combine life cover with investment. An endowment policy is a savings and life assurance policy for an agreed period, the minimum term being 10 years. A tax free benefit is normally paid out at maturity or on earlier death.
THE FINANCIAL CONDUCT AUTHORITY DOES NOT REGULATE NATIONAL SAVINGS.
THE VALUE OF INVESTMENTS AND INCOME FROM THEM MAY GO DOWN AS WELL AS UP. YOU MAY NOT GET BACK THE ORIGINAL AMOUNT INVESTED.