London: +44 (0)20 7236 2601
St Albans: +44 (0)1727 869141
Rickmansworth: +44 (0) 1923 771010
Milton Keynes: +44 (0)1908 605552

National Savings & Investments

One of my clients this week asked what to do with his maturing National Savings & Investments (NS&I) index linked certificate. The return on his original investment is the equivalent of 4.38% net. Taking his tax position into account he would have needed to have earned 7.35% gross on an annual basis in an equivalent investment to match the return - which is accessible and risk free - quite a challenge I suspect.

NS&I are not currently issuing index linked or fixed rate certificates so anybody with existing certificates about to mature should think twice before giving them up. The returns are tax free, which is a big attraction.

Anne McClean is a Chartered Financial Planner at Nightingale Associates. The views given in this blog are personal to the author.  If you would like to discuss the contents of this post with Anne you can call her on 020 7427 5860.

M&H LLP trading as Nightingale Associates is authorised and regulated by the Financial Services Authority.

 

 

 

Date: 25th October, 2010
Author: Anne McClean

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