| PENSIONS | PENSIONS & DIVORCE |
SIPPS/SSAS | INVESTMENTS | PROTECTION | TAXATION | MORTGAGES | PERSONAL ACCOUNTS (NPSS/NEST) |
Investments
To ensure that you make the most of your money, it is essential to seek advice to take advantage of the right investment options.
National Savings products
Because this is a government scheme, it is an investment option that carries some of the lowest risks, increased stability and levels of tax relief. That being said, the scheme is entered into on a longer term than most, and may not produce such high returns.
Options within government schemes include:
ISAs (Individual Savings Accounts) can invest in cash, investment funds, government bonds or corporate bonds in a very tax efficient way. Due to the tax breaks the amounts that you can invest are restricted to £5,100 in the cash element and £10,200 overall.
Equities
Equities represent the option with the highest risk, as money is invested in companies that are trading on the stock market, so return is dependent on how well they perform and when you choose to invest and remove funds.
Collectives
Collectives are an alternative to equities, in which an investment is spread in shares across a number of companies.
These come in the form of unit and investment trusts. The quality of each trust varies aseach fund invests in other companies on your behalf, so the return on your money is only as good as the skill and decisions of the fund manager.
To ensure that you make the most of your money, it is essential to seek advice to take advantage of the right investment options.
National Savings products
Because this is a government scheme, it is an investment option that carries some of the lowest risks, increased stability and levels of tax relief. That being said, the scheme is entered into on a longer term than most, and may not produce such high returns.
Options within government schemes include:
- National Savings Bank accounts
- Savings Certificates
- Various forms of Savings and Income Bonds
ISAs (Individual Savings Accounts) can invest in cash, investment funds, government bonds or corporate bonds in a very tax efficient way. Due to the tax breaks the amounts that you can invest are restricted to £5,100 in the cash element and £10,200 overall.
Equities
Equities represent the option with the highest risk, as money is invested in companies that are trading on the stock market, so return is dependent on how well they perform and when you choose to invest and remove funds.
Collectives
Collectives are an alternative to equities, in which an investment is spread in shares across a number of companies.
These come in the form of unit and investment trusts. The quality of each trust varies aseach fund invests in other companies on your behalf, so the return on your money is only as good as the skill and decisions of the fund manager.