Peter C Hart Dip PFS Independent Financial Advisor Old Fashioned Values with Ultra Modern Technology
Peter C Hart Dip PFS Independent Financial Advisor                            Old Fashioned Values with Ultra Modern Technology

 

It is always a good idea to get started early each year. Using your allowances early can make a big difference in returns over the years.

 

Your annual ISA allowance is currently £20,000, so think about what returns you currently earn on your existing cash ISAs?

 

With the new ability to transfer back and forth between investments and cash now could be the time to look at investing your cash ISAs for potentially higher returns. We can offer guarantees on some investments if you are very cautious.

 

Over the past 10 years, cash ISAs have paid an average interest rate of 2.89pc, according to Bank of England figures (May 2014).

 

By comparison, £10,000 invested in equity funds 10 years ago could have more than doubled to £21,720, based on the FTSE 100 index's "total return" – capital appreciation plus income. (Many people forget about the income produced from investments and the overall benefit this can have on your total returns when re-invested).

 

If you are looking to use an Isa for long-term savings, then you can do a lot better than use a cash Isa.

If it is just a place to park some money you might need to call on in an emergency or for short term needs, then a cash Isa is a good option. However, in the majority of cases I still find that it is better to use your other accounts for short term needs and save your ISA allowances for your investments.

 

And all this before we get onto the subject of Capital Gains Tax....... and other ISA benefits!

 

Find out more about the available investment strategies

 

Please use the contact form or call me to request a free in depth budget review or arrange a free initial consultation.

Book a meeting

Tel:

07580 099 079 or

0113 457 4791

 

E-mail

pete@yorkshirewealthmanagement.co.uk

Office hours- flexible to fit in with clients needs.

In order to visit us

Peter C Hart Dip PFS & Cert CII

Independent Financial Advisor 

7 Feast Field,
Horsforth,
Leeds,
LS18 4TJ

 

Or use our contact form.

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Life has so many surprises it's best to be prepared and have a partner you can count on. Please contact me to advise of your needs.

Backed by

Yorkshire Wealth Management Ltd

which is authorised and regulated by the

Financial Conduct Authority no.767418

 

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