Not swept up in World Cup fever?

With the World Cup dominating the TV, newspapers, social media and shops, it’s hard to avoid it. If you’re among those who couldn’t care less whether it’s coming home or not, why not get ahead of the game and sort your finances out instead? We’ve come up with a few things you could be getting on with while everyone else is glued to the box.

Use your ISA allowance

You can invest up to £20,000 tax-free in an ISA. Not using your ISA allowance is a bit like scoring an own goal – they have great tax benefits and no limit to how much you can actually hold in them over your lifetime, making them a great way to save. Remember though, investments can be a red card as well as a hat trick as they always come with an element of risk. 

If you’re unsure where to invest, Our Top ISA Investments Ideas can offer some inspiration. It’s quick and easy to set up an ISA account with us. You can complete our short application form online. If you’d rather not do it all online, you can call us on 020 7189 9999 and we can send you a paper application form.

Take control of your pension

You can invest up to £40,000 into a pension tax-free. Plus, the Government tops up any pension contributions by up to 45%. Opening a SIPP gives you more control over your money for retirement. You can see how your investments are playing, as well as having a huge range of funds on the bench to choose from!

Our Best SIPP is an award-winning pension and you can have as much or as little help from us as you want – find out more in our free guide.

The more the messier

Like many people, you might have numerous pensions and ISAs with different providers. While it can not only be costly to pay several provider fees, having a number of different accounts scattered around can make it difficult to keep track of them on the field.

Consolidating your accounts under one roof can make them easier to manage, result in less paperwork and could potentially save you some money in fees.

If you think you might want to consolidate*, moving your accounts to Bestinvest means we do all the work for you – from contacting your current providers to transferring your investments across. We’ll also pay you up to £500 for exit fees from your old provider**. Just fill in this short form and we’ll be in touch!

Make sure your portfolio is performing

You might already have some investments or may want to start investing, but feel like you don’t have the time, knowledge or desire to give them the attention they need. Why not consider one of our Ready-made Portfolios?

After you choose one of the portfolios, our expert team will look after your investments for you to make sure they are never offside and are working as hard as you are for your money.

Open a Ready-made Portfolio

Get in touch

If you want some more information on the different investment options available with fewer football puns throughout, please get in touch by calling 020 7189 9999 or emailing best@bestinvest.co.uk.

 

Important information

*Before you consider transferring a pension, it is important to ask yourself: Will I lose any valuable benefits or features from my existing pension plan? Will I incur any penalties on my existing pension if I transfer? Is it an occupational final salary pension scheme? (in which case it is very unlikely to be advisable to transfer) Have I considered the charges on my current plan? (a new arrangement may be more expensive – especially if you have a stakeholder pension).

** Subject to terms & conditions.

SIPPs are not suitable for everyone. If you don’t want to invest across different asset classes or don’t think you will make use of the investment choices that SIPPs give you then a SIPP might not be right for you. Please contact us for guidance or advice if you are unsure whether a SIPP is right for you.