Making sure your money is safe, secure and growing at the best possible rate is the key to financial planning. Each year, check how your savings and investments are growing and decide if you need to make changes. Depending on your investments, you may need to review your savings more than once a year. The financial advisors we work with are experts when it comes to ISAs, bonds, unit trusts, stocks & shares and more, and they can help you make the right investments.

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Investment Review

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It generally makes sense to review your portfolio at least once and possibly twice a year. The markets move alone should not influence your investment decisions. Instead, there are many benefits to undertaking a review, among them:

Realign your portfolio with your goals
Throughout your life, your aspirations will change. It’s imperative that your financial plan, including your investment portfolio, is updated to reflect this.
Assess your risk profile
As with your overall life goals, your attitude to risk will change over time too. The general rule of thumb is that the greater the level of risk that you take, the higher the potential returns. Of course, on the flip side, there’s a higher chance that your investments will decrease in value too.
Understand how your current portfolio is performing
If you have no idea how your portfolio is performing at the moment, you may be making decisions based on inaccurate information. You want to get the most out of your money in a way that reflects your financial plan.
Check the cost of your portfolio
In the context of the performance of your investment portfolio, you should also look at how much your investments are costing you. It’s a move that’s essential for determining if you’re getting value for money.

Investment ISAs

An investment ISA (Individual Savings Account) is a tax-efficient wrapper in which you can buy, hold and sell investments. Usually when you invest, you have to pay tax on any income or capital gains you earn from your investments. ISAs are a great way for UK residents to save or invest up to £20,000 tax-efficiently each year.

Transferring ISAs from previous tax years doesn’t impact your current ISA allowance at all, so you can still put up to £20,000 into an ISA this tax year. However, if you want to transfer an ISA you’ve paid into this tax year, you have to transfer the whole amount, and it will count towards this year’s ISA allowance.

Junior ISA

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is a permanently tax-free savings or investment wrapper aimed at encouraging families to save for their children’s futures. Any money you put in one will be locked away until your child’s 18th birthday, when it becomes their cash, and will become a standard ISA.

You can put in up to £9,000 a year, letting you build up a tax-free nest egg for your child, who can access the money when they turn 18.

Only parents or guardians are able to open a Junior ISA, but anyone can pay into them (such as generous grandparents or friends).

Unit Trust and OEICs

Is an open-ended grouped investment product, which means there is no limit to how many people can invest in it or how much can be invested. The fund is split into units, and this is what you’ll buy. The fund manager creates units for new investors and cancels units for those selling out of the fund.

Unit trusts let you pool your money with thousands of other investors and spread it across a large number of investments to reduce your risk. Dealing costs are shared and all the administration and paperwork is done for you, at a tiny fraction of the expense of doing it yourself. As there is no limit to what you can invest unit trusts are a good option if you have already used up your annual stocks and shares ISA allowance (£20,000).

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Onshore and Offshore Bond

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Bonds are IOUs issued by governments, businesses and other entities, and they can help you earn income from your investments via interest payments. With an onshore bond, tax is payable on gains made (and investment income received) from the underlying investments of the life fund(s) invested in, whereas with an offshore bond no income or Capital Gains Tax is payable on the underlying investment.

All gains and income earned within an investment bond are taxed at 20% and paid directly out of the investment bond. … So if you’re a higher rate or additional rate taxpayer, paying 40% or 45% tax on income in the current tax year, an investment bond can minimise your income tax bill.

EIS (Enterprise Investment Scheme)

The Enterprise Investment Scheme (EIS) is a UK government scheme that helps younger, higher-risk businesses raise finance by offering investors generous tax reliefs to investors. The maximum amount you can invest is £1 million per tax year or £2 million, providing anything above £1 million is in ‘knowledge intensive’ investments.

Investors can benefit from a mix of upfront and ongoing EIS tax reliefs:

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If you’re looking for Investment options or have further questions, feel free to complete the enquiry form. We’re here to help

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