OpenMoney

Ever wondered what's inside our portfolios? Here you can see the asset allocation of OpenMoney Portfolio 1. This portfolio is for investors who want to take a small amount of risk to achieve their investment goals. 📈📊🧑🏻‍💻

Capital at risk when investing. Data displayed shows Portfolio 1 breakdown and holdings correct as at April 2023. Source: FE Analytics.

Thanks, Don! ⭐️⭐️⭐️⭐️⭐️

Reviews like this! 😍 If you're a first-time buyer and feeling overwhelmed by the process, reach out today and let us take the pressure off so you can enjoy your home buying journey.

In a Stocks & Shares ISA, your money may be invested into several different assets including shares, bonds, property and cash. This means that your money is at risk, and the value of your savings can rise or fall depending on market conditions.

In a Cash ISA, the money that you choose to contribute earns a fixed rate of interest and isn’t at risk of losing value. However, Cash ISA interest rates are currently lower than the rate of inflation, so the buying power of your money is decreasing.

Which would you choose? Capital at risk when investing.

It's more important than ever to have a plan for your finances. Visit open-money.co.uk to explore ways to make the most of your money and/ or get in touch with our qualified advisers who are ready to help you make your money go further.

Plenty of tax news in the media at the moment now that we've entered the 2023/24 tax year! In his inaugural Autumn Budget, chancellor Jeremy Hunt made several changes which will impact investors this 2023/24 tax year. These changes came into effect from 6 April.

If it's feeling a little overwhelming and you're unsure how the these changes apply to your individual circumstances and investments, reach out to us at open-money.co.uk for an obligation-free chat.

Capital at risk.

Reviews like this are the reason we do what we do! 👏

It's interesting to see how ISA allowances have changed over the last decade! 📈 Here are some key things to know now that we've officially entered a new tax year:

➡️ The tax year runs from 6 April to 5 April, and the new tax year means an ISA allowance reset. The limit this 2023/24 tax year will remain the same as last year, at £20,000.

➡️ You're able to split your ISA allowance any way you like across a Stocks and Shares ISA, Cash ISA, Lifetime ISA (maximum of £4,000), as long as you stay within the overall limit.

➡️ For example, you could put £3,000 in a Cash ISA, £5,000 in a Lifetime ISA and the remaining £12,000 in a Stocks and Shares ISA.

➡️ Junior ISAs have a separate limit which is £9,000 this tax year.

Capital at risk when investing.

Cruel to be kind! 🤣🍫

Get peace of mind before jumping into investing. Find out if investing is right for you with our online step-by-step process. It's free and takes less than 15 minutes at www.open-money.co.uk

Capital at risk when investing.

Fantastic news for our self-employed customers - we can now support you in your home-buying process! 🔑🏡 OpenMoney mortgage advice is completely free to you, and we're here to help along the entire journey to make it as stress-free as possible.

Get started on our website www.open-money.co.uk

The ISA allowance for the 2022/2023 tax year is £20,000. If you’re in a position to do so, maxing out your ISA could have amazing benefits for your finances. You have until midnight on 5th April to contribute, before the tax year resets.

Capital at risk.