March 21, 2023


Since retiring and selling their Business, Mr & Mrs B have invested the sale proceeds and used the portfolio to provide them with an income and lump sums for their children’s house deposits.

In order to enjoy their standard of holidays, help the children financially and maintain the finer things in life, Mr & Mrs B understand they are spending more than their portfolio returns each year and the amount they have invested is going down. Knowing this means it is paramount the portfolio works as hard as possible for them. Maximising returns for minimal volatility to provide peace of mind as they move into their later years.

Over the years they have worked with a discretionary fund manager, using available tax allowances, such as their ISAs and minimising tax on their investment returns. Now the portfolio is straightforward to manage and tax efficient and they do not require the bespoke service they once needed.

Mr & Mrs B instructed AGCFP to explore investment options, with a particular focus on reducing costs where possible without compromising long term returns. We were able to change the investment management style to a Model Portfolio Service. The level of risk exposure was very similar and whilst past returns are no guarantee of future likely returns, they were interested to learn the investment returns of the Model Portfolio had been higher than their own investments over recent years.

A standout difference for the clients was the considerably lower cost. We were able to save them in the region of £5,000 in fees in the first year and more than £12,000 in subsequent years. Once Mr & Mrs B decided to move ahead with the change, we prepared the paperwork and liaised with the investment managers to implement the change for them.

The value of your investment can go down as well as up and you may not get back the full amount you invested. Past performance is not a reliable indicator of future performance.

The above information is for guidance only and does not constitute advice which should be sought before taking any action or inaction.


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