People are living longer. Simple demographics mean that supplementary income is no longer a luxury – it’s a necessity. With historic ultra-low interest rates on savings, many investors over the past decade have turned to income-paying funds as an alternative to cash-based savings.
Our reasons for seeking income tend to shift through life. Shorter-term goals like supporting a business start-up or funding children’s education may be a priority in earlier years, and then make way for a longer-term focus on boosting retirement income and providing an adequate cushion for later life.
Looking to achieve a better rate of return than you currently receive from your savings account?
Inherited a large sum of money and don't know what to do with it?
As independent, whole of market advisers we have access to a broad range of investment opportunities, whether you wish to invest to seek income, growth or fund care in later life, we can provide bespoke solutions tailored to your attitude to risk.
Call us today, our advice is free.