Focusing on the long term for a more secure future The UK is becoming a nation of savers, with three quarters (74%) of people saying they are currently saving, research from Scottish Widows has revealed. The savings study found the number of savers is up to 74% from 63% in 2010, with a steady year-on-year rise in the number of long-term savers. The average… Continue reading Nation of savers
Category: Investment
Wealth attraction
Legally minimising or mitigating taxation on current and future tax liabilities before 6 April 2015 Tax planning is a very complex area covering many forms of tax. No one likes paying more tax than they legally have to, but one of the challenges of wealth is the high taxation it attracts. For some individuals the… Continue reading Wealth attraction
NISA Countdown
Time is running out if you want to make the most of your tax-efficient savings allowance If you are keen to take advantage of the New Individual Savings Account (NISA) allowance, now increased to £15,000, and make the most of your tax-efficient savings, time is running out. You only have until 5 April to fully… Continue reading NISA Countdown
Influencing factors to managing your future wealth
When was the last time you revisited your investment goals? It’s vital to know why you’re investing. The first step is to have a good think about your financial situation and your reasons for investing. Whatever your personal investment goal may be, it is important to set your time horizon at the outset, as this… Continue reading Influencing factors to managing your future wealth
Hedging against downside risk
Divergent monetary policies and growth trends could be key themes of 2015 The return of volatility – as valuations and investor complacency remain elevated – will make it vital for investors to consider hedging against downside risk and cut back on ‘me too’ investments this year, according to the BlackRock Investment Institute’s (BII) 2015 Investment… Continue reading Hedging against downside risk
Getting more savvy about saving and spending
Sorting out our finances is high on our list of priorities in 2015 The British population is determined to get more savvy about their saving and spending habits in 2015, with three quarters (76%) of adults admitting they are prepared to moderate their lifestyle, according to a new survey by Standard Life. Sorting out finances… Continue reading Getting more savvy about saving and spending
Wealth creation
The first step to building wealth starts with a disciplined decision to pay yourself first, then compounds with a disciplined investment approach. When you define your investment objectives, the priority of where and how to invest should be guided by your specific goals. It should also naturally encourage you to do more as you… Continue reading Wealth creation
Asset classes
When putting together an investment portfolio there are a number of asset classes, or types of investments, that can be combined in different ways. The starting point is cash – and the aim of employing the other asset classes is to achieve a better return than could be achieved by leaving all of the investment… Continue reading Asset classes
New Individual Savings Account (NISA)
The New Individual Savings Account (NISA) rules were introduced in July 2014 designed to help and encourage people to save more for their future and give savers and investors more flexibility and a larger tax-efficient allowance than ever before. This tax efficient ‘wrapper’ can hold investments such as unit trusts, other collectives such as OEIC’s,… Continue reading New Individual Savings Account (NISA)
Educating investors
Six years after the start of the financial crisis, what lessons should we have learnt? 1 Plan for the unexpected Many believe that markets are much safer today than they were six years ago, thanks in large part to the numerous regulations and safeguards put in place to avoid a repeat of the financial crisis.… Continue reading Educating investors
