Make the most of your savings - without taking unnecessary risks
REQUEST A FREE COPY OF IFA PROMOTION'S GUIDE TO SURVIVING ON SAVINGS WHEN RATES ARE LOW
- Call free on 0800 085 3250 or download a copy at www.unbiased.co.uk -
With interest rates at their lowest for 40 years*, and direct equity investment still fraught with volatility, what can consumers do to get good returns in these uncertain times, IFA Promotion has produced a guide explaining the various investment vehicles available to investors keen to limit their exposure to risk.
The Guide to surviving on savings when rates are low- aims to demystify some of the jargon surrounding investments and help investors sift through the hundreds of products available. As well as outlining areas such as Unit Trusts, OEICs, Corporate bonds and Zeros, the guide also highlights specific questions to consider before meeting up with your independent financial adviser.
David Elms, Chief Executive of IFA Promotion said; "With last week's monetary policy announcement signalling no upswing in savings rates for the foreseeable future, things might look bleak for those relying on interest rates to build their savings or achieve an adequate income. However with hundreds of options available in the market place it is vital that consumers consider all options to ensure they invest in the most suitable product for them."
* Source, The Bank of England
For a free copy of the guide, together with details of local independent financial advisers who can talk through your options in detail, call the IFA Promotion consumer hotline on 0800 085 3250 or visit www.unbiased.co.uk
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For further information please contact:
| David Elms Chief Executive IFA Promotion 020 7833 3131 | or | Pippa Russell/ Liz Willder Lansons Communications 020 7490 8828 |
Notes to Editors
1. Independent Financial Adviser Promotion
Independent Financial Adviser Promotion Ltd. was established in 1989 to promote the value and accessibility of independent financial advice to the public. It represents nearly 10,000 firms of independent financial advisers across the UK and is sponsored by 32 leading financial institutions.
IFA Promotions central belief is:
"Consumers have a right to financial advice that is independent of the providers of financial products - i.e. independent financial advice."
Furthermore independent financial advice should be:
Affordable. The option to take independent financial advice should be available, by right, to all - not just the wealthiest in society.
Convenient. IFAs should be available in the location of the consumer's choice, wherever they live in the UK.
Transparent. It must be clearly transparent to consumers who is able to offer independent financial advice and who is not.
2. Independent Financial Adviser Promotion's sponsors
AXA Sun Life | Prudential Intermediary Division |
Barclays Global Investors Funds | Scottish Amicable Life Plc |
BUPA | Scottish Equitable Plc |
Canada Life | Scottish Life |
Clerical Medical Investment Group | Scottish Mutual Assurance Plc |
Dresdner RCM Funds (UK) Ltd. | Scottish Provident Institution |
Eagle Star | Scottish Widows Plc |
Family Assurance Friendly Society Ltd | Selestia |
Friends Provident | Standard Life Assurance Company |
INVESCO Fund Managers Ltd | Swiss Life (UK) Plc |
Legal & General | The Skandia Group of Companies |
National Mutual | Tunbridge Wells Equitable Friendly Society |
National Savings | Winterthur Life UK Ltd |
Norwich Union Life | Zurich Life Assurance Company |
NPI |
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