Important Information
- The value of investments and the income they produce can go down as well as up and you may not get back as much as you put in.
Savings and Investments are composed of the following:
- Savings accounts – Saving accounts are useful for anyone who has money to save in a low risk environment.
- Investments – Investment advice is helpful for people when thinking about planning for school and university fees, saving for yours and your family’s future, structuring tax efficient income payments, growing money or saving for retirement.
- ISAs – ISAs are important retirement planning tools as well as being useful when saving up to buy a house.
- Offshore Bonds – Offshore bonds are useful for people looking to grow money in a tax efficient way and also for those who wish to take a regular income without incurring an immediate tax liability, i.e. for people who are looking to reduce the amount of tax they pay on income.
- Onshore Bonds – Onshore bonds are useful for higher rate and additional rate tax payers who are looking to reduce the amount of tax they pay on income.
- Personal Portfolios – Personal portfolios are typically for higher net worth people who wish to invest excess funds in a risk managed way. Personal Portfolios are often used as a holding vehicle for funds earmarked to top up annual ISAs.
- School fees – If you are planning to send your children to private school and / or university and you want to do this in a tax efficient way, planning early is vital.
Tax treatment varies according to individual circumstances and is subject to change.
Savings and Investments