Brewin Dolphin encourages ISAs for GCCC Investors
22 March 2012
Cheltenham Festival sponsors Brewin Dolphin are urging supporters to consider ISAs ahead of the end of tax year deadline.
Research conducted by the Barclays Equity Gilt Study published this month shows that investing in the stock market offers both businesses and individuals the opportunity to generate bigger returns over time, compared to a cash savings account.
The study showed that £100 invested in shares in 1899, with dividends reinvested would be worth £20,228 in real terms compared to being worth just £274 had the £100 been invested in a cash savings account.
Investment management and financial planning specialists, Brewin Dolphin support the study and have encouraged savers to make the most of the tax-free saving allowance under Personal Equity Plan (Pep) rules and latterly via Individual Savings Accounts (Isa).
Commenting on the research, Paul Nurden, Divisional Director of Brewin Dolphin’s Cheltenham office said, “The research confirms our approach and belief that ISAs are one of the best ways to save. We advise our clients to invest in individual shares, in addition to funds. This is because some of the stocks offering large growth potential are often smaller company shares which are not always included in the better-known funds.”
Paul continued, “The stock market may seem daunting or risky for some, which is why Brewin Dolphin will advise clients on which ISA to choose depending on their personal and financial circumstances.”
With a bewildering amount of choice in the market place, many are confused as where to start, however the research shows that with experienced guidance and advice, individuals are better off investing in the stock market than in a cash savings account.
For more information click here to go to the Brewin Dolphin website.
The value of investments can fall and you may get back less than you invested. Past performance is not a guide to future performance.
Any tax allowances or thresholds mentioned are based on personal circumstances and current legislation which is subject to change.
The opinions expressed in this article are not necessarily the views held throughout Brewin Dolphin Ltd. No Director, representative or employee of Brewin Dolphin Ltd accepts liability for any direct or consequential loss arising from the use of this document or its contents.
