Finance Fox

Retirement

Should You Put Your Money Into An Investment Pension?

August 28, 2015 by Financefox in Retirement

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As we continue to suffer from hard financial times, it makes sense that we should be looking at our options for the future and retirement; no matter how far away that may be.  After all, if you don’t do something and start putting some money away now; you may reach retirement age with only the state provided pension to fund your elder years when you are no longer working because you can’t or don’t want to.

Putting your hard earned money into an ISA can be a relatively safe way to ensure that your money will not  decrease or disappear by the time you retire.  However, when it is compared to an investment pension, an ISA does not appear as wise a place to put your money, despite the obvious risks involved in investments, because it is less tax efficient.

The Trouble With Investment Companies And Stockbrokers

One of the major problems people have with investment companies and stockbrokers is their lack of transparency and the seeming desire to be as exclusive as possible.  With many organisations of this kind it is true, you don’t always know where your money is being used and just how safe an investment they are making.  On top of all that, it can often cost you a small fortune just for the opportunity to invest through a company like that.

Are There Any Trustworthy And Transparent Investment Companies Out There?

This is where the UK situated and run investment management company, Nutmeg, differ from much of their competition.  The company was actually established by an individual who was sick of the negative aspects of the investment and stocks sector mentioned above – investors and stockbrokers charging way too much for clients to sign up through them and the lack of transparency.

It’s not surprising how successful in the last three years Nutmeg has been; attracting many new clients every month – all willing to invest for the future through the company.  As well as transparency and a very low, once a year management fee, the company are making a name for themselves when it comes to creating tailor-made and finely tuned pension and investment portfolios for their clients.

They have devised a very easy to set-up system and it usually takes no longer than about 10 minutes for their dedicated and expert team to put together a portfolio of investments that matches your designated risk level.  You also have the option to set-up any number of different accounts with them for different investments and it still costs you the same flat fee to pay for the management of the accounts.

Once you have set-up your portfolio(s), you are able to access your account online or over the phone and you will be able to see exactly what is happening with your money and how well it is performing.  If you find that some of your investments are not performing as well as you think they should be, you are more than welcome to contact one of the team; but keep in mind that regularly your portfolio is tweaked and rebalanced to ensure that the money is always being invested well.

While there is always some risk involved in investing money; Nutmeg have established themselves as a different type of company from the rest.  They really strive to be as trustworthy as possible and it shows.