Independent Wealth Management
Call us on 01276 517700 or email advice@professional-wealthcare.co.uk
Total UK personal debt stood at £1,452bn at the end of May 2011, according to figures from Credit Action – almost as much as the whole country has produced in the year to June 2011 and a sum that equates to over £8,000 per household (excluding mortgages).
When make an investment (whether it be a lump sum, regular savings or a pension contribution), you have some important decisions to make and fund selection will be high on your decision list. If your investment is small, you may decide to use a single fund. However, for most, it is important to build a suitable portfolio of funds because:
The Government have recently announced draft regulations for the new Junior ISA. This is due to be launched on 1st November 2011. If you are considering saving for your child or grandchild, you should be aware of this new tax efficient savings opportunity.
If you have a pension or investment plan, you will often invest in a selection of different funds, often referred to as a ‘Portfolio’.
If you are a saver or an investor, have you ever really considered the amount of risk you are taking with your money?
When I review financial plans for my clients, I generally have three clear objectives.
Saving money requires no explanation, but is obviously always well received.
If you run a successful Company, you may often find that there is a surplus of cash and the question arises where best to put this.
Many advisers will tell you that they can set up ‘School Fees Plans’. Unfortunately, this type of marketing has lead many to believe that special products exist that are bespoke ‘School Fees Plans’. In fact nothing could be further from the truth.
I’m sure we all recognise the obvious need to save money. It’s clearly preferable to make purchases from your own money rather than from borrowed money, especially when the significant cost of loans is understood.
Many people have invested in with-profits funds over the years. When markets are down, with-profits fund managers often exercise something called a Market value reduction (MVR). This is essentially a penalty for those withdrawing money from the fund. The purpose of an MVR is to reflect the underlying fall in values and to protect those […]
Barry from Professional Wealthcare in Camberley has provided my family and I with expert financial advice for a number of years now. His practical, down to earth approach is very much appreciated as it can be quite a dry subject. He has advised very knowledgeably, on a wide range of related topics such as mortgages, insurance and pensions and has been an absolute pleasure to work with. I would happily recommend Barry to anyone.
Brian Davies
