While you might see ups and downs in the stock markets, or movements in the value of the pound, remember, Brexit isn’t the only event that can impact stock markets. They can be affected by all sorts of global events, from tax cuts to trade wars and even the current pandemic. In the UK the Government and the Bank of England have different powers that can help to ease the ups and downs.
Investments can go down as well as up and you could get back less than you invested. While most of our customers have long-term investments, there will be customers who need to access their investment now and we recommend these customers speak to their financial adviser. If you do not have a financial adviser, you can find someone in your area at www.unbiased.co.uk.
There are different ways we can manage the ups and downs depending on the type of investment you have on the Ascentric platform. You can find out how your investments are performing by looking at your most recent valuation. If you are unsure about anything, we recommend you speak to your financial adviser.