Looking for a financial advisor Newcastle?
Seven Bridges are a North East based family run IFA specialising in investment, tax, retirement and protection planning for individuals and corporate entities.
We create strategies that work for you, tailored to your circumstances, personal financial goals and aspirations for the future.
We help our clients achieve financial security through the following services which we will be outlining in today’s blog post:
- Investment planning
- Tax planning
- Retirement planning
We guide you through the options available to you, creating a bespoke plan, incorporating several investment avenues based on your current financial circumstances and your attitudes towards risk and reward.
Some of the key investment channels that we advise on include:
- OEICs and Unit Trusts; and
- Government Gilts and Corporate bonds
In the current tax year of 2020/21, the annual investment allowance of Individual Savings Accounts is £20,000.
You can save in cash or in stocks and share, or indeed a combination of the two. Long-term investments, unit trusts OEICs and more are all available to invest in via ISAs.
ISAs are tax efficient, as no tax deductions are made when the fund is encashed. This can make them a valuable part of your overall saving and investing strategy
OEICs and Unit Trusts
Unit Trusts are a useful avenue as they spread the risk of investments by collecting the cash of multiple investors into a pooled fund.
OEICs are similar to Unit Trusts and are generally managed by a team of professional investment managers.
Government Gilts and Corporate Bonds
Both of these types of investment offer reasonable returns and are generally less affected by lower than average interest rates. In fact, their value falls as interest rates rise. This makes them a useful tool in your investment strategy for spreading risk.
Government backed stock, or gilts, are loans made to the government by investors. Corporate bonds are similar but differ in that the loan is made to a multinational corporate entity.
Tax is a complex area of financial planning, so we recommend working with a professional financial advisor to legally reduce your liability to tax and prevent you from missing out on opportunities with regular changes to reliefs and regulations.
Planning for retirement is as important as ever. With an ever-increasing age expectancy, we can expect to be in retirement for significantly longer than previous generations.
We create strategies that will help you plan for this period and ensure your financial security.
Your financial advisor Newcastle from Seven Bridges IM will explain the options and build a bespoke plan for you that may include personal pension plans, self-invested plans and annuities.
Get in touch with a Financial Advisor Newcastle
We also provide expert advice on protection planning, helping you find the best life insurance and critical illness cover for your needs and budget. For more information, visit sevenbridgeslife.co.uk. Or contact us here via our ONLINE CONTACT FORM.