Interest rates in the UK have remained at record lows since the financial crisis of 2008/09. Prior to this period, savers could easily secure an attractive rate of interest on their savings - 4%, 5% or even 6%. In recent years, these higher rates have reduced to just 1% or 2%.
Naturally, many people have been looking around trying to obtain a better return on their savings. Some have turned to P2P but this is not without additional risks compared to cash deposits. Others are tempted by the offer of a better return from the stock market but most ordinary people have little knowledge of the markets and may be apprehensive about dealing in areas they do not really understand.
Of course, those that can afford the up front fees can employ the services of a professional financial adviser. For those people who cannot afford it or simply choose not to go down the adviser route, this short diy guide to securing a better income from investments is designed to help ordinary people to better understand the markets and develop a strategy to meets their income needs for the future.
The book therefore offers a practical guide to using UK shares, investment trusts, index funds and bonds to maximise income returns from savings or pension lump sum
Naturally, many people have been looking around trying to obtain a better return on their savings. Some have turned to P2P but this is not without additional risks compared to cash deposits. Others are tempted by the offer of a better return from the stock market but most ordinary people have little knowledge of the markets and may be apprehensive about dealing in areas they do not really understand.
Of course, those that can afford the up front fees can employ the services of a professional financial adviser. For those people who cannot afford it or simply choose not to go down the adviser route, this short diy guide to securing a better income from investments is designed to help ordinary people to better understand the markets and develop a strategy to meets their income needs for the future.
The book therefore offers a practical guide to using UK shares, investment trusts, index funds and bonds to maximise income returns from savings or pension lump sum
