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

Why non-transparent managers are behind most failed acquisitions

Why non-transparent managers are behind most failed acquisitions

‘They don’t understand the importance of culture and cohesion’

Rami Cassis
clock 12 April 2024 • 3 min read
Partner Insight: Understanding the investment universe

Partner Insight: Understanding the investment universe

Invesco
clock 12 April 2024 • 6 min read
FCA issues warning notice to Neil Woodford over liquidity failings

FCA issues warning notice to Neil Woodford over liquidity failings

The firm failed on four accounts between 2018 and 2019

James Baxter-Derrington
clock 11 April 2024 • 2 min read