Investments
Guaranteed Bonds
With Profit Bonds
Growth/Income Bonds
Ethical Bonds/Funds
Traded Endowments – TEPS
Unit Trusts
Offshore Plans
With all of the above, it is important that the client finds the right contract for them.
You must consider the following:-
Your level of risk – Basically it comes down to what you are prepared to lose.
It also relates to the potential rewards. As a general rule of thumb, the lower the level of risk, the lower the potential return and vice versa.
Access
How long before you would want access to your capital. Most contracts have early encashment penalties for at least five years, therefore, are not suitable for anyone who needs instant access.
Where do you wish to invest
Some policies will only allow you to invest in one fund. Others offer a broad range of funds, giving scope for spread of risk. There are pooled investments. More recently there has been greater focus on Ethical investments. These policies invest in companies that are environmentally friendly or who don’t employ child labourers.
Perhaps you are interested in the World stockmarkets, but don’t wish to expose yourself to its roller coaster effect. Whatever you are looking for, we have something for you to consider.
Charges, Commissions, Allocations, Penalties
The charges for these contracts can be as high as 8%. This generally includes the commission.
We only charge 5%, the rest is re-invested for the client.
This generally increases the allocation at outset.
Allocations are the amounts initially invested. Anything from 100% to 106% can be found.
Penalties are generally only incurred if a policy is encashed too early, within a five-year period as an example.
They are on a sliding scale but vary from policy to policy
- Other factors to consider are tax implications, domicility/location, and placing contract in Trust for the future.
- As you can see, selecting the contract that is right for you takes experience and qualified expertise. That is our role. You describe to us what you are looking for, having taken into account the factors mentioned. We can then guide you to the correct solution.
We are all fully qualified and licensed by the Jersey Financial Services Commission. Hepburns has over 30 years experience in the field of financial services.