Falling Interest on your Savings?

Falling Interest on your Savings? from 2plan Wealth Management

By: 2plan Wealth Management  07/02/2009
Keywords: investments, financial advice, wealth management

   Following the reduction of interest rates by the Bank of England, we are finding it is increasingly becoming a concern to people about the rate of interest available on their existing savings accounts. There are a number of investors who rely on the rate of interest to produce an income or at least to top up their existing income levels. The high street is traditionally a well worn path for people looking for an extra 0.5% return over their current bank or building society, this is especially so for the older generation. A greater number of these become what is known as silver surfers and search the internet for a better rate of return. There are of course many different ways to increase people‚Äôs income from their existing savings and investments. Although, interest rates have been reduced dramatically, investments such as corporate bonds have seen the yields increase. The risks associated with other types of investments can and do differ from the traditional savings account. However, when income is a key objective it pays to talk to an expert in this area.  At 2plan we help people to review and maintain their savings and investments, with no need to wear out the shoe leather wandering around the high street or trying to find confusing information on the internet. Tap into our expertise and arrange a FREE no obligation initial meeting with 2plan Wealth Management.

Keywords: Annuities, Chartered Financial Planners, Fee Based Advisers, financial advice, Financial advisers, Individual Savings Accounts, investments, Lump Sum Investments, wealth management, wealth managers

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