Investing early in the new tax-year means your money has longer to achieve their desired outcomes.

Take a look at the example below. It shows a comparison over 5 and 10 years if you invested £20,000 at the end of the tax-year on 5 April, or at the start on 6 April each year.

That’s an extra £4,334 after 5 years, and £9,605 after 10 years.

The figures shown are just an example and not based on a particular fund and assumes 4% net growth. Normal warnings apply – the value of an investment can go down as well as up and you may get back less than you have paid in.

Written by Colin Caulfield | Director

Colin is a Chartered Financial Planner & Pension Adviser Of the Year Read more >>

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