Chartwell toasts new money surge

James Davies, head of investment research, said: "According to YouGov, 35pc of the UK population have a savings account delivering less than 4pc. "This, combined with the rising costs of fuel, food and other aspects of daily life have led UK consumers to find ways to make their money work harder. "Chartwell has seen a massive rise in demand for income-generating investments and this is highlighted in the new money we have taken into our income-generating Protected Income Plan in just 10 days." The Protected Income Plan (PIP) is a six year plan which pays either an annual income of 10p...