At this time of year everyone is taking about ISA allowances and tax rates. As taxes continue to rise, its more important than ever to use your allowances every year.
However, if you haven’t got a lump sum of money to invest at the end or start of the tax year what should you do?
If you haven’t got a lump sum, or would rather not invest in one go, it might be worth considering setting up a regular savings plan.
Investing monthly has many benefits – in particular, it’ll help you get into the savings habit and drip-feeding money into investments can help you ride out the ups and downs of markets.
Contact your adviser to discuss your allowances and options in more detail.