You’ve worked hard all your life for money, it’s time for your money to start working hard for you
Do you have a lump sum you’d like to invest?
Would you like to make regular savings for you and your family?
Whether you want to start a new tax efficient savings plan or have an existing portfolio that you’d like advice on, we can help you.
At Knightsgate Wealth Management, we have the knowledge and experience to find the best solutions and strategies to help achieve your financial goals. We’ll explain the investment plan aligned with your approach to risk and provide you with a full breakdown of the charges.
Ethical Investments: If you’d like to invest your savings or pensions in ethical investment strategies, we can help. We’ll work with you to understand your specific values, so that your investment portfolio is inline with environmental and socially responsible funds. These types of investments aim towards developing a cleaner economy, higher efficiency with a reduced carbon footprint.
Our Process
- Knowing your goals: We’ll discuss what’s important to you and what your financial goals are.
- Research and Development: We’ll research your best options and develop your financial plan, with illustrated forecasts.
- Recommend and Implement: We’ll present our recommendations and show you how it will help you to achieve your financial goals.
Annual reviews to keep you on track.
It is important to keep your personal financial plan on track, including looking at any changes in your circumstances, and regular annual reviews are key.
Our industry-leading software produces an easy-to-follow timeline that gives you an idea of what your long-term financial position is. This timeline takes you from today to beyond your retirement, providing valuable insights.
Investment FAQs
The term ISA stands for ‘individual savings account’ and it allows you to save tax-free into a cash savings or investment account. This means you don’t need to pay income tax or capital gains tax on the returns generated from your ISA investments.
Each tax year, you have an annual ISA allowance, which sets the maximum amount you can contribute to your ISAs. The allowance typically includes both a cash ISA allowance and a stocks and shares ISA allowance. The government sets this limit, and it can change from year to year.
ISAs are a valuable tool for building wealth, saving for major life goals, and supplementing your retirement income.
There are several types of ISAs to choose from, including:
Cash ISAs: These are like regular savings accounts, and the interest you earn is tax-free.
Stocks and Shares ISAs: These allow you to invest in a wide range of assets, including stocks, bonds, and funds, within a tax-advantaged wrapper.
Lifetime ISAs: Designed for individuals aged 18 to 39, these ISAs offer a government bonus for savings used to buy a first home or for retirement.
Innovative Finance ISAs: These ISAs allow you to invest in peer-to-peer lending and crowdfunding while enjoying tax-free returns.
Help to Buy ISAs: These were designed to help first-time homebuyers save for a property deposit.
Like an Individual Savings Account, a Junior ISA is an account for young people aged under 18. There are options to save in cash or stocks and shares.
Each tax year, there is an annual allowance for Junior ISAs, which sets the maximum amount that can be contributed to the account. The government sets this limit, and it can change from year to year. This won’t come out of your ISA allowance as the money is your child’s, not your own.
You can pay into a Junior ISA each year until your child turns 18, at which time it will convert into an adult ISA, and they’ll gain control of the money that’s been saved.
Junior ISAs are a useful tool for teaching children about savings and investments, as they can watch their savings grow over the years and learn about financial responsibility.
Junior ISAs are an excellent way to save and invest for a child’s future, whether it’s for education, a first home, or other long-term goals.
Investment bonds are like an ISA – you can pay money in and take money out as and when you want. Like ISAs, bonds follow tax-rules that set out how they work and when you might have to pay tax. ISA tax rules are more generous than those for bonds, so most people would only consider an investment bond once they’ve used up their ISA allowance.
Investment Bonds can be useful for estate planning purposes, as the proceeds are typically paid out to beneficiaries tax-free in the event of the policyholder’s death. This can help with passing on wealth to heirs.
The rules for investment bonds mean that they are usually treated as single premium life insurance policies (because most pay out a small amount of life insurance upon death), but they are really an investment product.