Isa’s and Investment Management
The last annual budget declared approaching changes to the Isa allowances.
In future, contributions are to be enhanced each yr by cost of living. This is a tremendous gain, as each yr the amount of money you will be able to contribute into tax efficient investments will increase.
For a married couple this means that they would be able to invest up to £20,400 into Individual Savings Accounts.
If however you are intending to use your cash Individual Savings Account allowance then the maximum amount you can invest is ten thousand two hundred pounds.
Where you invest is equally as essential as the gains of investing into a tax effective investment product.
Every investor in conjunction with their independent financial advisor should ascertain their attitude to investing. It is critical to check that your current investment funds meet their targets. You should also check on a annual basis to ensure that the level of risk has not adjusted since the investment funds were bought.
One way of managing this is to use a model portfolio of investments. This will allow investors to buy in a risk contained manner and rebalance the portfolio on a annual basis.
If you would like to find out more about asset allocation, Individual Savings Accounts and how to buy investments in a prudent manner why not get hold of us?
Consilium Asset Management Ltd supply investment management in Bristol
