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investment
planning

Making more of your money
Investing with your goals in mind 

Your Openwork Partnership adviser is part of the Openwork Group, one of the UK’s largest financial
advice businesses. The Openwork Group also includes Omnis Investments, a provider of investment funds that are only available through your adviser, and Openwork Wealth Services Limited, which provides active portfolio management to clients. Providing both advice and investments means we not only understand the way investments fit into your life but we can design our solutions with the needs of clients like you in mind.

Clear process; reliable outcomes

With so many investment options available, the hardest part is deciding which ones are right for you. Our simple, four-stage process helps us to identify the solution that matches your needs – today and in the future.

The six types of investor

I

No investment risk

Preserving the capital value of your savings is the most important factor to you. This means you are more likely to restrict your savings to cash deposits, cash ISAs, interest-bearing savings accounts and similar products that also offer ready access to your money and are covered under a depositor protection scheme. You understand how inflation can reduce the real value of your capital (and any interest received) over time. Investors who do not wish to take risk can take a long time to make up their mind on investment matters and will usually feel extremely concerned if investment decisions turn out badly.

Limited risk
You are likely to require an investment where the chance of a fall in value is minimal, although you accept that some loss of capital is possible as the value of your investments could fall or rise. You would normally keep your money in a bank account or building society. However, you recognise that inflation, especially over the long term, is likely to reduce the real value of your money so you are willing to consider other types of investment. As a limited risk investor, you may not have high levels of knowledge and experience
of financial matters, or show interest in keeping up-to-date with them. Investors who wish to limit risk can take a relatively long time to make up their mind on investment matters and can often feel concerned when investment decisions turn out badly.

Cautious
You are likely to require an investment where the potential return is better than that available from a deposit account and you accept that the value of your investment can fall as well as rise. As a cautious investor, you may have some limited experience of investment products, but you are likely to be more
familiar with bank and building society accounts rather than other types of investment. You have a preference for outcomes that have a degree of certainty although you understand that in certain
circumstances, particularly if investment markets fall, the value of your investments
could fall in turn. Cautious investors can take a relatively long time to make up their mind on
investment matters and may feel concerned when investment decisions turn out badly.

Balanced
You are likely to require an investment that offers higher returns than those available from deposit accounts. You are also likely to accept fluctuation in the value of your investments as the markets change, based
on an understanding that this will be necessary to meet your long-term goals. As a balanced investor, you will be knowledgeable about financial matters, and show some interest in keeping up to date with them. You may have some experience of investment, including investing in products containing assets
like shares and government bonds. In general, you understand that you have to take investment risk in order to be able to meet long-term goals and you are willing to take risk with part of your
investments, accepting that the value of them could rise or fall. Balanced investors will usually be able
to make up their minds on investment matters relatively quickly, but do still feel some concern when their investment decisions turn out badly.

Adventurous
You are likely to be an experienced investor who has used a range of different investment products in
the past. You understand investment volatility and are also likely to accept a higher level of risk on your investments, in order to be able to obtain a higher rate of return in the long run. As an adventurous investor, you may possess a high level of knowledge of financial matters, and spend time
keeping this knowledge up to date. In general, you are comfortable taking investment risk, understanding that this is crucial in terms of generating long-term return and you are willing to take risk with most of your investments. Adventurous investors will usually be able to make up their minds on investment
matters quickly. While they can feel concern when their investment decisions turn out badly, they are able to accept that occasional poor outcomes are a necessary part of long-term investment.

Speculative

You are likely to have personal experience of an extensive range of different investment products. As a speculative investor, your knowledge of financial matters may be very strong and you are likely to spend a significant amount of time keeping this knowledge up to date. In general, you are looking for the highest possible return on your capital and are willing to take considerable amounts of risk to achieve this. Investment volatility is unlikely to concern you and you are willing to take risk with all of your investments. Speculative investors often have firm views on investment and will make up their minds on investment matters quickly. They do not feel concern to any great extent and can accept occasional poor investment outcomes without much difficulty.

The value of investments and any income from them can fall as well as rise and you may not get back the original amount invested.

Download the full document on making more of your money

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