Planning is the key to financial security. Careful saving and investing, tax planning and retirement planning will all contribute to the achievement of your financial goals.
As a fully independent financial advisor Newcastle, Seven Bridges create a holistic strategy. We can tailor to your specific situation and aspirations for the future.
In today’s blog post, we’ll be talking about our core services:
Our investment advice is built on a thorough understanding of your current financial situation. Your financial goals and most importantly, your approach to risk and reward.
We create well-rounded strategies may include ISAs, OECIs, unit trusts, government gilts and other investment options. Therefore we are able to maximise returns and minimise risk.
The annual investment allowance for the 2020/21 tax year currently at £20,000. That is to say, Individual Savings Accounts can make up a significant proportion of your investment strategy.
You can save in either cash or stocks and shares. As a result, long-term investments, unit trusts, fixed interest securities, investment trusts and OEICs all available to you. ISAs are a tax efficient option for saving and investing. As a result, no tax deductions are made when the fund is encashed.
Collecting the cash of a number of investors into one ‘pooled’ fund. Unit Trusts are a popular option for many investors due to the reduced or spreading of risk. OEICs also benefit from a team of professional investment managers. Who, most importantly, will ensure your money is responsibly and effectively managed.
Government backed stock can be a useful tool in your overall investment strategy. They can offer reasonable returns even when interest rates are lower than average.
Gilts are loans made to the government by investors and make up the majority of the UK’s national debt. Gilts can provide income from interest payments or a final redemption payment. In general, their value fall as interest rates rise. As a result, including gilts in your strategy will spread your overall risk as well as provide an income.
There are many strategies you can employ for optimising the tax efficiency of your financial plan. From inheritance to income tax, we help navigate you through the complexities of tax legislation to ensure you pay your fair share without paying more than what you should.
Our knowledge and expertise of the frequent changes to tax reliefs and regulations allow us to identify valuable opportunities for reducing your liability to tax.
Getting your retirement plan right is essential for ensuring your financial security after you leave work.
We create strategies bespoke to our individual clients’ needs to ensure their vision of retirement is achieved.
Your dedicated financial advisor Newcastle from Seven Bridges will explore all of the options available to you, such as personal pension plans, self-invested plans and annuities, making sure you are best placed for enjoying your retirement.