Savings & Investments
From childhood most of us are told to put away money to save for the future - perhaps for something special? Or perhaps to be sure that when we really need something we have the money to pay for it, without taking on debt.
There are many types of savings and investment, each having different structures, tax treatments and implications to you as the investor.
Some of these are Stocks & Shares ISAs, Cash ISAs Deposit accounts, Gilts, Insurance Bonds, PEPS, Tessa's, Endowments, Annuities, Unit Trusts, Investment Trusts, to name a few.
Most people would like to have an investment which is both safe (in that it will not fall in value) and which offers high returns. Unfortunately, these two requirements don't always go hand in hand as those investments which offer high returns can just as easily drop in value as well as increase.
Therefore, sound investment planning starts with understanding what your investment aims are. Next it is vital to establish what your attitude to investment risk is. This is important for sensible investing and Niche can help you determine an investment strategy appropriate for your needs and the investments best-suited to your investment attitude and tax position.
We can discuss with you what your aims are and recommend suitable ways to help you achieve those goals.