This website is maintained for general circulation and is intended to provide information only. It is not intended to be construed as a solicitation for the sale of any particular investment or as investment advice and does not have regard to the specific investment objectives, financial situation and particular needs of any person to who it is read by. Tax treatment will depend upon individual circumstances and maybe subject to change in the future. Please also note that the value of investments, and /or the income from them, can fall as well as rise so you may get back less than you invested. The past performance of an investment should not be relied upon as a guide to its future performance. Comment and opinion on this website is based on HMRC’s tax regulations for 2018/19.

© 2018 Punter Southall Financial Management is a trading name of PSFM Limited. PSFM Limited is authorised and regulated by the Financial Conduct Authority FCA registration Number: 137684. Registered Office : 11 Strand, London, WC2N 5HR. Registered in England and Wales Number: 2148740 VAT Registration Number: 782601821

A Punter Southall Group Company

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