Financial goals

Just because

Download the app

Join the waitlist

Protected

FCA

Regulated

FTSE

250

Group

When you invest, your capital is at risk. Other charges may apply.

Thinking ahead

While having a financial goal in mind can help, it's okay if you don't.

Investing can be a great complement to your savings, especially when you know you won't need it for 5+ years. Putting money aside as part of a long-term strategy may just make sense for you, regardless of any specific goal.

Whatever the reason, it’s wise to consider the resources at your disposal. Utilising a tax-efficient wrapper like a Flexible Stocks & Shares ISA can be a great tax-free way to make the most out of your investments. Making use of currency wallets with your General Investment Account can be cost-effective when buying and selling shares priced in foreign currencies.

Even though you may not have a goal in mind, here are some investing considerations to help get you thinking.

Assess your financial situation

Take stock of your current living expenses, standing charges, cash savings, etc. This will help determine how much you can reasonably afford to invest.

Safety, Income, or Growth

Most goals fall within these three basic objectives. Even without a goal (e.g. buying a house), you can still consider which objective appeals to you most.

Your risk tolerance vs time horizon

How will you react if your portfolio decreases in value by 10% or even 20%, but you’re not thinking of using your investments for another 5-7 years? Your reaction will help you determine the types of stocks or funds that align with your comfort level.

And, if you’re interested in determining your goals for your investing strategy, then head to our Learn Hub for more guidance.

Our investment accounts

Flexible Stocks & Shares ISA

Our flexible stocks & shares ISA is a tax-efficient way to save and invest up to £20,000 per year. With our investment ISA, any earnings made from your investments are exempt from both capital gain and income tax, so you'll have more money that can be reinvested for compound growth. A unique feature of our flexible ISA is you'll be able to access your money whenever you need it without affecting your remaining annual ISA allowance. And as long as you put the money back in the same tax year as the withdrawal, your allowance is still protected.

General Investment Account

Our general investment account can be a great way to Invest as much as you want, any time you like, with zero commission. If you’ve managed to reach your allowance for your flexible stocks & shares ISA, put any remaining money to work for when you need it. Be wary that the same tax benefits and advantages do not apply to a general investment account.

SIPP (Personal Pension) Coming soon

Our self-invested personal pension gives you the tax benefits of a normal pension and allows you to save and invest up to £40,000 per year. Taking more ownership of your finances you may forfeit or want to supplement your workplace pension with a SIPP, this means your money can generate earnings that can be used for compound growth. This ensures you're still contributing towards your retirement and your money is working for you.

This information should not be used as personal or financial advice, please speak with a financial advisor if you're unsure if these products are right for you.