Valerie had a variety of Stocks and Shares ISAs that had delivered indifferent returns over the last few years. In addition she had £10,000 per annum of excess income that could be invested on a regular monthly basis.
Valerie’s focus is on retirement as at the age of 50 she would like to take early retirement at age 60. Valerie has good pension provision in place and would like to add to this with an investment that has tax efficient growth and tax efficient income in retirement.
After reviewing her attitude to risk and capacity for loss the existing ISAs are consolidated into one product that offers a ‘Fund Supermarket’ to select the investment funds from. It was apparent that the original ISAs no longer matched Valerie’s attitude to risk or the market outlook.
The ISA funds are now invested in the new investments for growth and an additional £800 per month is also being paid into the Stocks and Shares ISA.
The new ISA is showing good returns and the consolidation means that it is easy for Valerie to track progress.
Valerie should be able to meet her objective of early retirement.
Names and investment figures have been changed to protect our client’s identity. This Case Study is based on a real client.
Investments fall in value as well as rise so you could get back less than you invest.