Interest Rates

Inflation has always been the biggest threat to savings on the high street. The events of 2008/09 saw interest rates plummet, and even though we are out of recession, they remain low. Returns are further reduced if you are a taxpayer. Basic rate tax of 20% and higher rate tax of 40% applies !

Non Tax Payers

There is a starting tax rate for savings, and non tax payers can earn up to £5,000 interest without paying tax. There is also a Personal Savings Allowance of between £500 and £1,000 depending on your tax band. The amount of tax free interest you can earn depends on your other income, and the £5,000 starting tax rate allowance is reduced by £1 for every £1 your other income exceeds your personal allowance. If your other income exceeds £16,000 per annum, you are not eligible for the starting tax rate for savings.

Tax Efficient Savings

ISAS are perhaps the best known tax efficient savings. There are 2 types ; Cash and Stocks and Shares. Other tax efficient savings include National Savings Certificates, and Friendly Society Bonds. These are not included in tax calculations for other cash savings.

Wealth Creation

Given the normally low interest rates on the high street, you are unlikely to improve the real value of your money over time, as there is no prospect of growth. The alternative is to consider investing over the longer term with the aim of achieving real growth on some of your capital. Investments are not like deposit accounts in that there is a risk to capital,the value of your investment may rise or fall, and you may not get back the full amount invested. We provide, and can recommend products that are compatible with your attitude to risk, and which maximise any tax advantages available to you. We can provide ongoing reviews, if required, to ensure your investments continue to meet your requirements. Only by planning long term, can you realistically hope to build wealth for yourself or your family. There are various asset classes to choose from, a number of different types of investment, and hundreds of providers. Below is a brief summary.

Types of Investment

Cash ISAS, Equity ISAS, Unit Trusts, OEICS, Investment Trusts, Onshore Investment Bonds, Offshore Investment Bonds.

Assets that may be held within your investment

Cash, Fixed Interest Securities, Corporate Bonds, Gilts, Commercial Property, Shares, Derivatives.

The advantages of a pooled investment

Lower investment charges. Much greater spread of investments and assets to reduce the risk. Backed by professional advice. Professional fund managers. Protection under the Financial Services Compensation Scheme of up to 100% of the first £50,000 where advice has been given.

Regular savings

If you don’t have lump sums to invest, you can start by putting away a regular monthly amount. We can help you to find the most suitable product for your circumstances.

Free initial consultation

We provide a free initial consultation, following which we can be paid by fee, if you require us to arrange a savings or investment contract for you. Terms are available on request.


The FCA does not regulate National Savings products and some forms of Offshore investments.


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