Independent Financial Life Planners Bishop's Stortford: Any Investment starts with assessing risk.

Thursday, 13 February 2014

Any Investment starts with assessing risk.

  If you are new to wealth management Enable’s experienced Independent Financial Advisors in Bishop’s Stortford will always begin with, discussing how much risk you are willing and able to accept with your money. This of course may be different for individual aspects of your portfolio, for example you may wish to have a higher level of risk on your long term pension fund, whilst preferring to be more cautious with your ISAs.

  It is also important to agree investment objectives, to help you achieve your goals, it is important for us to understand why you are investing. Do you want to save for your Children's education? Do you want to retire early? Are you trying to achieve a certain standard of living in retirement? Do you need a minimum level of income now? Or it could be as simple as wanting to find the best home to grow your savings over the longer term. Understanding your goals and aspirations enables us to position your portfolio optimally for your needs.  

Making sure your wealth has the most appropriate Tax Wrapper for you is also vital. What we mean by tax wrapper, is the most appropriate mix of tax treatment, accessibility and complexity for the investments in question. Examples of the most widely used tax wrappers are Individual Savings Accounts (ISAs), Pensions, Onshore and Offshore Investment Bonds and Unit Trusts/OEICs. For the more sophisticated investors, Enterprise Investment Schemes (EIS) and Venture Capital Trusts (VCTs) can be beneficial in certain circumstances. We will of course be able to explain to you how each of these types of tax wrapper work, and recommend whether they deserve a place in your portfolio.  

Whether you are a new investor or have been with us some time reviewing and rebalancing is ongoing so Enable’s IFA’s can help to ensure your portfolio remains optimized for your requirements.

Issued by: Enable Independent Financial Life Planners
25c North Street, Bishops Stortford, Herts CM23 2LD
Telephone: 01279 755950 - Fax: 01279 657339
Enable Independent Financial Life Planners is a trading style of Enable Independent Limited is authorised and regulated by the Financial Conduct Authority.
It is important always to seek independent financial advice before making any decision regarding your finances. If you would like any assistance, please contact us.
NOTHING CONTAINED IN THE ARTICLES SHOULD BE CONSIDERED AS GIVING INDIVIDUAL FINANCIAL ADVICE

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IFA Bishop's Stortford

At Enable Independent we know that our clients trust us and rely on our advice to help them to plan a better, more secure financial future. This is a responsibility that we take very seriously especially because we know that many clients have chosen us on the recommendation of friends and family. Each one of our advisers has deep expertise in their area of specialist knowledge and, as a team, we hold some of the highest qualifications available in the financial advice industry.

Our job satisfaction comes from using our skills to find workable, affordable and flexible solutions to meet our clients needs. Whether we are planning for known future funding requirements such as house purchase, school fees or income in retirement - or for the unforeseen such as job loss, long-term illness or early death, our independence from any product provider enables us to view the marketplace impartially. Our training permits us to look beyond a product's marketing hype and select on the basis of its fitness for purpose.