General FAQs

What is the difference between the SavingsForNomads product and the PensionsForNomads product?
The product featured on www.SavingsForNomads.com is a short, medium, or long-term plan designed to provide investment-grade returns whilst giving you full f...
Thu, 3 Sep, 2020 at 3:00 AM
What is the maximum amount my savings will be worth?
There is no maximum - the upside is unlimited. Your savings value will track the value of the investment funds you choose, and there are no limits on how hi...
Thu, 3 Sep, 2020 at 3:01 AM
What is the minimum amount my savings will be worth?
The return you receive will depend on the investment funds you choose – there are over 300 to choose from. If you are looking for a regular savings product ...
Thu, 3 Sep, 2020 at 3:01 AM
Where is my savings money held?
Your savings account is held with Investors Trust, in a segregated portfolio (separate from company assets and other customers’ assets) in the Cayman Islands.
Thu, 3 Sep, 2020 at 3:03 AM
Which credit and debit cards can be used to pay into my savings plan?
All major credit and debit cards can be used, including virtual and single-use cards, including Visa, Mastercard, American Express, Diners Club, JCB, and ot...
Thu, 3 Sep, 2020 at 3:03 AM
Who is the issuer/provider of this savings plan?
Investors Trust (ITA Group). You can find more information on their website: www.investors-trust.com.   SavingsForNomads is an authorised introducer and s...
Thu, 3 Sep, 2020 at 3:04 AM
Why is it cheaper to have this savings plan than invest into investment funds directly?
Generally speaking, if you’re investing on a regular basis (monthly for example), it’s cheaper to have a product which doesn’t charge you transaction fees e...
Thu, 3 Sep, 2020 at 3:05 AM
Will the value of my savings be fixed or variable?
Variable, based on the performance of the investment funds you choose. By default (unless you choose otherwise), all monies will be 100% invested into the i...
Thu, 3 Sep, 2020 at 3:09 AM
Can I add random amounts to my savings plan?
Yes. (In addition to your regular monthly amount).
Thu, 3 Sep, 2020 at 3:10 AM
Can I change how much I save each month?
Yes. You can increase the amount you save at any time, and you can decrease the amount you save each month at any point after the relevant initial period ha...
Thu, 3 Sep, 2020 at 3:11 AM