Kelly Prior: The current search for income

clock • 7 min read

As the current pandemic crisis grips markets across the world, Kelly Prior discusses investors' options in their search for income...

As of 9 March, the UK Government is prepared to pay the grand return of 0.37% per year in interest for lending it money. The US government is offering a juicy 0.97% and the European Central Bank want investors to pay for this privilege. To secure even theses rates through depositing cash in the bank would be a challenge. With inflation in each of these jurisdictions sitting somewhere around 2%, savers would in fact be losing money.   As we grow older and need to rely more on the savings we have stashed away to pay us back for our patience in not spending them, the options to deploy th...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Investment

PA360: 'Diversified approach has room for both active and passive' - David Coombs

PA360: 'Diversified approach has room for both active and passive' - David Coombs

‘Volatility is your friend if you are a long-term investor’

Jenna Brown
clock 01 May 2025 • 2 min read
PA360: FOMO can 'significantly' alter investors' risk appetite

PA360: FOMO can 'significantly' alter investors' risk appetite

Albemarle Street Partners’ Charlie Parker on the social element of investing

Isabel Baxter
clock 01 May 2025 • 1 min read
PA360: Investors must understand importance of 'proper diversification'

PA360: Investors must understand importance of 'proper diversification'

‘Investors don’t have to choose a single door’

Sahar Nazir
clock 01 May 2025 • 1 min read