Expert ISAs advice in Portsmouth from Cameron Asset Management LTD

ISAs or Individual Savings Accounts are a government-backed way to save money and make the most of tax breaks and incentives for using them.  If you are looking for ISAs advice in Portsmouth, whether for a new ISA or an existing one, we are here to offer our expert help.

Help setting up an ISA

As registered IFAs, we are ideally placed to offer advice and expertise on setting up your first ISA.  We can help you decide between the two main types of ISAs – cash and investment – to make the right choice.  Cash ISAs are ideal if you just want to save money and options include instant access, regular saver or fixed rate. Interest earned is tax free and you can add to the money in them.

Investment ISAs are where your savings are spread across a portfolio of different investments.  This means there is more to the process and why you will want an expert in the field to help.  You can benefit from tax free growth while both interest and dividends are also tax free.

Other ISA services

We also offer a range of other ISA based services.  This includes the Junior ISA where you are saving money for someone under 16 years old. You can also use a Lifetime ISA (LISA) which allows you to save up to £4,000 each tax year towards a first home or retirement. The government will add 25% on top of what you save which means you could have up to £1,000 a year added to your savings. In addition, any interest on your savings is tax-free.

If you already have an ISA and want to get help managing it or assessing how it is working, we can also help.  We can look at your options and see if it is better to make a change to the type of ISA you have or start a new one if you have new money to save or invest.