April 6th 2017 sees the start of the new tax year and is an excellent time to review your existing financial arrangements. World events seem to be happening at a quickening pace so it is imperative that you ensure your investment portfolio is correctly structured and you are organised to take advantage of changes in legislation.
For example, are you aware of the rise in the tax-free limit for ISAs? From this month, savers will be able to save tax-free to the tune of £20,000 pa. This can be held in a combination of both cash and stocks and shares. Also the 6th April sees the introduction of a new Lifetime ISA for Individual aged 18 to 40. For every £4 you invest the Government adds £1. We can discuss the finer details and also where you can invest the funds.
Now is also the time to question your current financial advisor. Do you know what they are charging you in fees? Recent press reports have highlighted several cases of people moving their portfolios and pensions from a certain provider because they have been subjected to high fees, poor service and a lack of transparency.
If you require a second opinion on your financial planning, Hamnett Wealth Management offer a free impartial face-to-face meeting where we will assess your current provision. We offer unbiased, expert financial planning advice and take time to understand your specific requirements, aims and financial objectives to ensure your future is secure. You are welcome to call into our office on Baslow Road, Totley or we can visit you in the comfort of your own home. We work across Sheffield and north-east Derbyshire.
Hamnett Wealth Management are your local, long-time established Independent Financial Advisors. We are highly qualified and up to date with the latest legislation and are authorised and regulated by the Financial Conduct Authority. Our commitment to service means that we will regularly review your financial plan to ensure it is continually working for you.
Financial planning can be complicated but at Hamnett Wealth Management, we speak in plain English and explain everything comprehensively. We try to make everything as simple and easy as we possibly can. We encourage you to ask as many questions as you need until you are comfortable and able to make an informed decision.
Take control of your financial future today with Hamnett Wealth Management. Call us now on: 0114 235 3500.