Risks and Commitments
- This advice service is for people seeking effective and low cost investment management of their disposable income and/or capital. The service does not offer a holistic assessment of your financial situation or take into account any existing investments that you may hold.
Before committing to any investment you should be happy that your priority needs have been met. This means you should make sure:
- You have adequate access to liquid cash.
- You have adequate and appropriate financial protection for you and your family.
- You do not have any existing debts that would be better off repaid or reduced.
If you have any doubt whether your priority needs have been met please contact us.
- This service does not offer the opportunity to invest in a regulated pension product. If you would like to invest in such a product or are unsure whether such a product would be more suitable, please contact us.
- Unlike cash, stock market based investments are not guaranteed and fall in value as well as rise, we therefore believe you should only invest for the medium to long-term (3+ years). Ultimately you could get back less than you invest. Any yields will vary over time so income is variable and not guaranteed.
- Past performance should not be seen as an indication of future performance. Exchange rate fluctuations may have an adverse effect on the value of funds that hold non-UK shares.
- Tax rules referred to are those that currently apply, they can change over time and any benefit to you will depend on your circumstances.
- Within an ISA all gains will be free of capital gains tax and a tax credit will be reclaimed on interest from fixed interest investments.
- Within a GIA income allocations from Open Ended Investment Companies (OEIC’s) and authorised unit trusts are in the form of dividends or interest. Dividend Allocations are paid gross without tax being deducted up to a tax-free limit of £5,000 a year. Dividends above this level are taxed at 7.5% for basic rate taxpayers, 32.5% for higher rate taxpayers and 38.1% for additional rate taxpayers. Any dividends received within an ISA are tax free and will not count towards the £5,000 tax-limit. Basic rate payers who receive dividends of more than £5,000 need to complete a self-assessment return.
- Subject to prevailing tax regulations capital gains within a GIA may be subject to capital gains tax.