In your 20 and 30’s thinking about your financial future may be a secondary thought, retirement feels a long way off and saving for it is often not a priority. It’s easy to think you don’t need financial advice, however if you get it right now, it can pay dividends in the future.

Saving for the Future 

People often think saving for the future is restricted to pensions. Whilst pensions offer a significant part of later life savings, they can be complimented through other savings vehicles. Individual Savings Accounts (ISAs) can help you to have access to tax-efficient income. ISAs are placed in tax-wrappers, meaning any growth is paid entirely free of income and capital gains tax. Placing surplus cash into an ISA over the years can help to build up significant reserves that can be used to supplement your income in the future.

ISAs are just one way you can bolster your savings for the future and getting advice on the best vehicles to use to achieve the finances you want is crucial. 

The value of an ISA with St. James's Place will be directly linked to the performance of the funds selected and may fall as well as rise.  You may get back less than the amount invested.

An investment in a Stocks and Shares ISA will not provide the same security of capital associated with a Cash ISA. 

The favourable tax treatment given to ISAs may not be maintained in the future as they are subject to changes in legislation.

First Time Buyers 

Purchasing a home is one of the first steps people take that is a significant financial commitment. Now, more than ever the housing market is extremely complex, with lenders offering an array of mortgage products. Add to this each lender has different lending criteria, how can you be certain the mortgage you select is right for you?

We offer a comprehensive range of first charge mortgages from across the market that are made available to mortgage intermediaries for which we are paid a procuration fee by the lender. I can assess your needs and circumstances to offer advice on which mortgage best suits you. 

Your home may be repossessed if you do not keep up repayments on your mortgage.

Pension Reviews

With the rising cost of living and the inherent complexities with pension legislation and other tax efficient savings vehicles, receiving advice is crucial. 

Auto enrolment has meant that people commonly have multiple workplace pensions, which on their own can feel insignificant. However, a review of  all of your pensions can help you get sight on your existing retirement provisions. 

From reviewing previous workplace pension schemes to understanding how much you might need to save now so that you can lead the life you want at retirement, it’s never too early to start pension planning.

The value of an investment with St. James's Place will be directly linked to the performance of the funds selected and may fall as well as rise.  You may get back less than the amount invested.

The levels and bases of taxation and reliefs from taxation can change at any time and are dependent on individual circumstances.

Auto-Enrolment products are not regulated by the Financial Conduct Authority.