Savings & Investments

EFS-Images-SIWhether its because you've won money on the lottery or built up a tidy nest egg by saving on a regular basis, your money should be wisely invested so that its spending power is protected for the future. Leaving large amounts of money on deposit in banks or building societies may not be the long-term answer.

Although this might be seen as the traditional safe haven, recent years have seen interest rates being reduced sharply and deposit accounts may not now even be keeping the value of your money in line with changes in retail price inflation.

Many people recognise that to achieve better long-term protection for their money against the effects of inflation, it is often worth considering 'equity' related investments. These are ones that are linked to changes in the value of company shares. You could gain access to the 'equity' markets either directly through buying shares or indirectly by investing in investment products like Unit Trusts, Investment Trusts or maybe even a Life Assurance policy.

All governments recognise how important it is to encourage people to save and they normally achieve this by offering tax incentives on a whole host of savings products. These incentives range from reduced levels of Income Tax on Deposit Accounts for most taxpayers through to tax efficient investment growth on products like ISAs.

Please note past performance is not necessarily a guide to the future. It is important to remember that the value of your investment and the income generated some investments may fall as well as rise and that there is no guarantee you will get back more than you invested.
Note: the effects of inflation can reduce the spending power of any savings or investments you choose to make. You should take these effects in to account in any long-term plans. Additionally, the value of some savings or investments plans can vary and even reduce in value. If you need an explanation of the risks involved with any savings plan please contact us.

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Contact us: 01480 215 788.