What can I do with my money to get a return?
If you're tempted to keep your money under the mattress or spend it all on gobstoppers, we can help
Interest rates have never been so low
Interest rates are at an all time low. It's hard to know the best thing to do to get some kind of return. There are still opportunities out there, it just takes a bit more time to sift and consider all the options. It's simply a question of focus, setting clear goals, and following through on your saving commitment.
That's where we come in...
We start with a conversation where we discuss where you are now, and where you would like to be in terms of your savings. Maybe you want to save for a house, or to send your children to a private school. Or perhaps you're looking for retirement options. Whatever your goals, we can offer advice to help you maximise your savings.
Investments come in all shapes and sizes
There are literally thousands of saving and investment products on the market. It's simply a question of choosing the right options for you. But in short, most savings and investment options fall into one of these main categories:
- Individual Saving Accounts: This is essentially tax-free savings with an allowance of up to £20,000 a year, which can be split between cash, investments or a combination of the two.
- Investment Trusts: Investment trusts are companies who buy and sell shares in other companies. When you invest in an investment trust company, you become a shareholder in that company. Your shares will rise and fall in value according to supply and demand for the shares.
- Unit Trusts: 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 the a wide range of shares or other types of investment.
- Endowments: 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.
- Pensions: Paying into a private or workplace pension scheme. At the age of 55 you can take the money you have accumulated and look at further investment options.
- Property: You can invest in property, either residential or commercial.
- Cash: We wouldn't recommend keeping cash under your mattress, but it is a way of saving.
Let's start with a conversation
Whatever situation you find yourself in, our process starts with a conversation. We need to understand your goals, your needs and your situation. From there we can advise you on how to move forward.
The value of investments and any income received from them can go down as well as up. You may not get back the original amount invested.
The Financial Conduct Authority does not regulate deposit accounts, National Savings Products or university/school fee planning