Investment

ISA

You can open a stocks & shares ISA if you are 18 years of age or over and resident in the UK. If you are under 18 years of age, you can open a junior ISA.

You can invest up to £20,000 into an ISA each financial year under the current legislation, and can invest in many different asset classes.

The great thing about having an ISA is that you don’t pay tax on the income or capital gains you derive from it. This means that an ISA provides a tax-efficient environment to hold your investments. You can also access your fund whenever you want.

Transferring an ISA

You may already have an ISA if you’ve already made steps in saving for your future. It may be a good idea to have this plan reviewed to ensure its suitability and on-going performance.

If you already have an ISA, you may be able to transfer it to another ISA.

If you would like to know more about ISA, or are thinking about opening an ISA, it is always a good idea to take some advice from an industry expert. Please visit our ‘contact us’ page to get in touch.

Investment Bonds

Investment bonds are a popular way to save money. Usually a single premium, life assurance contract, unit-linked or with profits. Your investment is placed into a fund and the return is dependent upon the performance of the fund.

You can access your fund, but should take careful advice as there may be some tax liability depending on your personal circumstances, how long you have held the policy and previous withdrawal history. Withdrawals of up to 5% of your initial investment can be made each year without triggering an immediate tax liability.

If you currently have an investment bond, want to open an investment bond, or would like to know more about investment bonds, it is a good idea to take advice from an industry expert. Please visit our contact us page to get in touch.

 Other investments

There are many other types of investments, like open-ended investment companies, endowments, Venture capital trusts, the list is extensive. The world of investing is complex, and we at Belmont Regency can provide you with the service to capture the upside without the headache.

If you would like to get in touch, please visit our ‘contact us’ page.

Funds

At Belmont Regency, we are well equipped to guide you through the many options available when deciding where to invest your money. Funds are a bit like a pick-and-mix bag of sweets, there’s something for everyone. When looking around, you’ll notice that funds are often listed according to

· the country or continent they invest in;
· the class of investments they make;
· how they are managed.

The abundance of choice may appear overwhelming, especially if you’re trusting someone you’ve never encountered with your hard-earned savings. But by breaking the different types of funds down, it becomes easier. Funds can be generally categorised as managed funds, asset-based, geography-based, tracker funds, and ethical funds.

It is important that, when investing, you are able to access the most suitable funds. If you would like to know more, please visit our ‘contact us’ page.

The value of your investment and income from it can go down as well as up and you may not get back the full amount invested.