Individual Savings Accounts (ISAs) are one of the most tax efficient investment vehicles currently available. The current annual allowance is £15,240 (from 6th April 2015).
Many of PFM Dental’s clients make monthly ISA contributions in order to benefit from the discipline of long term savings. A contribution of £300 per month could build up savings of more than £49,500 over 10 years, depending on your approach to investment risk.*
*Assumes a return equal to the average active UK equity fund over 10 years to 24 April 2012 (6.2% annualised) – source Trustnet, 25 April 2012. The value of investments can fall and you may get back less than you invested. Past performance is no indication or guarantee of future returns.