Investments & savings advice

Many of us aspire to financial security but without a clear financial plan, it’s not always easy to know how to start making this become a reality.

Making the most of your hard earned money can be fundamental to achieving some of your more long-term objectives, and we can help you do this.

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Watch our video

With any investment, it’s important that you’re aware of and comfortable with the risks involved. The video below outlines some of the fundamentals of investing, which will help you understand the risks and benefits involved in investing money.

Investment & savings advice for dentists

We can give you all the information you need to make informed decisions about your finances, and inform you of the risks, rewards and potential consequences of the decisions you make.

To help you get started, we’ve outlined some of the key information about investments and savings.

Investments

What are you trying to achieve?

With any form of investment, this is the initial question you should ask yourself.

When you’ve clearly defined what you want to achieve, when and how much risk you’re willing and able to take, it becomes much easier to select the investments that will best help you achieve your goals.

Review performance on a regular basis

After setting up your investments, it’s important to review performance on a regular basis and ensure this is in line with your initial objectives and reflects any changes to your circumstances.

Investment products

Investment products can take many forms, including:

  • Bonds
  • Unit Trusts
  • Investment Trusts
  • Individual Savings Accounts (ISAs)

The products you ultimately choose are influenced by your attitude to risk (how much risk you are prepared to take), capacity for loss (how much risk you are able to take), tax issues, fees and again your objectives.

Diversification

Putting your money in a range of different investments can help spread the risk and reduce the loss, so that in the event that one market suffers it doesn’t jeopardise everything that you have built.

Investment Platforms

Also known as wraps or fund supermarkets, these are online services designed to help make the management of your portfolio easier. They enable you to place selected funds of different fund providers into one portfolio.

Platforms aren’t right for everyone, but if you would like online access to keep track of your investments and view information in one report, this could be an option for you.

How much does it cost?

Charges for investments and platforms vary depending upon the total amount of investment involved. We’ll discuss full details of charges with you, before you commit to any investment.

Read Investments & Insurances Services and Costs for more details.

Savings

It’s not always easy to save effectively. However, regular savings can have a significant impact on your financial situation, so it’s important to consider your objectives and how you’ll best achieve the desired result.

Whether you are saving for things like a holiday, furniture or a special family occasion, you need to consider how much you can afford to save, for how long and if you need access to your money quickly.

Savings products

There are a number of options available to you including:

  • Bank and building society accounts
  • Individual Savings Accounts (ISAs)
  • National Savings and Investments
  • Pensions
  • Premium Bonds

Depending on your objectives and timescales, you may need to carefully consider what will best suit your needs, which is where an Independent Financial Adviser can help.

Invest online

If you’re not looking to speak to an adviser directly, you might be interested in our online investment service, Affinity Online.

Choose your own investments online and Affinity Online will suggest a portfolio that meets your needs and attitude to risk.

This service can help you assess your attitude to risk, so you can still benefit from using it, even if you’re not quite ready to start investing.

Find out more about online investments.

Talk to our advisers

If you would like to discuss your requirements with us, please complete the enquiry form below and we’ll contact you. Alternatively you can call us on 01823 250750.

Please note that when discussing or reviewing your financial situation we will need to conduct a brief fact find in order to fully understand your goals and objectives. This will provide us with the necessary information upon which to base any recommendations and ensure they meet your objectives and wider financial planning needs.


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 Integrated financial management

Pensions & retirement planning

 Income protection

 


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