Posts Tagged ‘Investment management’
Isa’s and Investment Management
The last budget proclaimed future changes to the Isa allowances.
In future, contributions are to be increased every year by cost of living. This is a great benefit, as each year the amount of money you will be able to contribute in tax effective investments will increase.
For a married couple this means that they would be able to invest up to £20,400 into Isa.
If however you are intending to use your cash Individual Savings Account allowance then the upper limit amount of money you can invest is ten thousand two hundred pounds.
Where you invest is just as important as the gains of contributing into a tax preferential investment.
Each saver in conjunction with their financial adviser should check their attitude to investing. It is essential to verify that your existing investment funds meet their targets. You should also check on a regular basis to determine that the level of risk has not modified since the investment funds were purchased.
One method of managing this is to use a model portfolio of investment funds. This will let investors to purchase in a risk contained way and rebalance the portfolio on a yearly basis.
If you would like to find out more about asset allocation, Individual Savings Accounts and how to invest in a prudent way why not get hold of us?
Consilium Asset Management supply isa advice in South Gloucestershire.