12 September 2019 Jewish News
www.jewishnews.co.uk
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“I’LL SAY IT STRAIGHT OUT: I DON’T LIKE PAYING TAX.” With our extensive knowledge of both onshore and offshore investment options, we can create a bespoke plan for you that is tax efficient and best suits your circumstances. Any wealth manager can only (and is only allowed to) advise you within the limits of their expertise. It stands to reason that if that expertise is broader, the range of options you can be offered will also be broader. Only a small minority of wealth managers and financial advisers, for example, feel comfortable advising about offshore options.
Collective Investment Accounts A CIA is an Onshore Investment Account that is designed to take advantage of an individual’s annual Capital Gains Tax allowance, investing in well diversified portfolios consistent with your attitude to risk and investment objectives.
Protection Insurance There are many trials in life that can inevitably lead to financial hardship – including death, critical illness or being unable to work. Our Advisers are expert on advising on the best way to protect yourself and your family’s financial future.
By contrast, at Sycamore Wealth, we have experts in Offshore Wrappers one of the most effective vehicles for deferring tax (and completely within HMRC rules). For all that, we only propose offshore options, or make any recommendations, if they are right for you, taking into account the whole picture. Here are some of the key product categories that we offer.
Pensions
ISAs
We have extensive experience in building portfolios for investors who want to see their pension funds continue to grow while also being able to benefit from the maximum flexibility available from ‘pension freedoms’ – an essential facet of retirement planning at a time of record low annuity rates.
ISAs provide a totally tax-free investment vehicle, which we can manage for you. We select the appropriate investment portfolios, based on what you tell us about your risk profile, your financial goals, and the amount you invest.
International Portfolio Bonds
Discounted Gift and Loan Trusts
An IPB – or ‘Offshore Wrapper’ – is an excellent investment structure for capital sums in excess of £250,000. It is not a ‘scheme’, but operates under the ‘Chargeable Event’ legislation, as it has for more than 25 years.
These are types of UK Trust arrangements with the over-arching aim of reducing the eventual Inheritance Tax bill on death. They allow the gifting of a lump sum into a Trust whilst retaining a life-long ‘income’ from that money or access to the original capital.
For more information please contact Grant Benjamin, on 020 3114 2112 or email grant@sycamorewealth.co.uk Investments can go down as well as up and past performance should not be seen as an indication of future performance. We carry out a full assessment of your financial situation prior to offering advice.
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11/09/2019 15:22