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Low interest rates look set to be with us for the time being, which is why we explore alternatives to potentially generate better returns for our clients.

September 2020


Low Interest in Low Interest


Having an emergency fund that you can access quickly and easily is something we always recommend.  However, what about monies you are putting aside for longer term goals?

Low interest rates look set to be with us for the time being, which is why we explore alternatives. a view to potentially generate better returns for our clients.

Some banks are currently paying just 0.01% interest on account balances. This means that if you have £10,000.00 in the account, you would earn exactly £1.00 interest. If you are willing to lock-up your money with the bank for 1-year, you may be able to earn around £100.00 interest, however this is only equivalent to £8.33 per month.

Investing with a longer-term view may be the solution to this problem we are facing in this low interest rate environment. One option is looking at investing in the stock market, with an investment horizon of at least 5 years.  

You don’t have to be an expert in stock-picking individual companies by any means, as independent financial advisers we can help you understand your capacity for loss, tolerance for risk and access requirements amongst other factors and recommend suitable investments to suit your personal circumstances.

We would also look at your individual circumstances, and assess which tax-efficient product would be right for you, whether it be a Pension, an Individual Savings Account (ISA), General Investment Account (GIA), or a combination of products. 

Always seek good independent advice to help you navigate the complex issues of fund selection.

Woodward Markwell offer a complimentary first meeting, either remotely or face to face, to explore your circumstances and requirements. 


To book your no obligation meeting with one of our Independent Financial Advisers, please call us on 01473 408408 or e-mail us directly by clicking here.