Throgmorton Private Capital Ltd. Independent Financial Consultants
FREEPHONE 0800 032 1419 Telephone: 01304 371753 Facsimile: 01304 371222 E-mail: enquiries@throgmortonltd.co.uk
Registered in England No. 4490404. Registered Office and Principal Administration Office: 31-33 High Street, Deal, Kent CT14 6EL, which is authorised and regulated by the Financial Services Authority. The Financial Services Authority does not regulate all deposit accounts, finance, taxation and trust advice and some mortgages.
For many of our clients, building a capital sum from regular savings is a key objective.
Whether they are seeking capital growth to provide extra income in their retirement, a lump sum to finance children’s school fees or weddings, money to for a holiday, or capital for any other purpose; achieving significant growth over time and then preserving the value for themselves and their family is highly important.
Initially, you need to decide what you are saving for, when you want to enjoy the benefits and like most things, allow as much time as possible to achieve your objectives.
Next your tax status needs to be taken into account. To enjoy the best returns from your investment, it is important to adopt a strategy that utilises your tax allowances in the most efficient way. Your future tax status is also important – enjoying tax efficient investments now, may be of little benefit if you are taxed at a higher rate when you want to take your profits.
Finally, you need to decide upon the type of plan you want and who should provide it. The problem is that savings vehicles are almost as diverse as the range of personal objectives that they can be used to meet and the range of choice can often be highly confusing. Should you utilise your ISA allowance and what are the benefits of using a mini or a maxi? Perhaps you would be better off using a unit trust, OEIC, an investment trust or a bond, due to your tax status. In addition, tax changes and investment conditions add further difficulty to the process of choosing the right type of product and the best investment company. It is vitally important to choose a product that offers you the flexibility to change your plans to reflect your changing investment attitudes and objectives, as your priorities and circumstances change in the future.
If you already have existing savings provision, we can provide an independent view to help you to assess whether your plans are on track.
Whatever your needs and circumstances, our consultants can provide professional advice about all types of savings and investment products and their specific tax benefits. After discussing your individual requirements, objectives and budget priorities, they will offer expert guidance to enable you to make the most of your options and ensure that you choose the most suitable plan to meet your needs.
