Whatever you are saving for, whether it's a deposit on a property, a special occasion, your children’s education, or to supplement your income, we can help you put your spare cash to good use to build and conserve wealth tax-efficiently.
We can help you put your spare cash to good use to build and conserve wealth tax-efficiently. How you do this will depend on your goals, timescale and attitude to risk. Are you saving for a deposit on a house in five years, your children’s university fees in ten years or your retirement in twenty-five years? Do you think of yourself as the kind of person prepared to take risk, or do you prefer some certainty?
We use a simple questionnaire to help you understand how much risk you are prepared to take, and then recommend funds that match this risk. We can then agree going forward how often you wish to review your investments to make sure they remain in line with your risk profile, and check whether your attitude to risk has changed.
Paying even a small amount each month into a suitable savings account or fund can build up a reasonable nest-egg surprisingly quickly – just what you need to pay the deposit on your first property, or for the honeymoon of your dreams.
Talk to us to find out which funds suit your timescale, and whether you should opt for a NISA, which can grow free of income and capital gains tax.
You may not have much disposable income, yet if you want to send your children to private school and/or help them through university, or move to a bigger home you should start saving now. If your income is regular, then try and make monthly contributions to a suitable fund. If you receive bonuses you may prefer to make lump sum contributions.
We can help you work out how much you need to save and recommend funds suitable for your timescale. Using tax-efficient funds can help your money grow faster.
You should review your investments to make sure they are on track to achieve your goals. We can advise you whether any adjustments, diversification and rebalancing are required. If you need income, for instance to pay university fees, we can recommend income-producing funds.
You may decide to realise some gains, perhaps to help your children on to the property ladder, in which case you should consider the tax implications before deciding which investments to sell.
The value of your investments and any income taken from them can go down as well as up. You may not get back as much as you paid in.