Cash returns £42 vs £5,000 from top equity funds since 2009
Average equity fund returned around £2,000
Cash has returned £42 since 2009 versus £5,000 from the top UK equity funds
Cash has provided savers with just £42 in interest over the last nine years, according to research by Chelsea Financial Services whereas the top UK equity funds have returned around £5,000.
The Bank of England moved interest rates to ‘emergency levels' in March 2009, with six cuts in six months taking the base rate down from 5% to 0.5% - its lowest level since the central bank was founded...
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