According to recent industry research, 90% of people are unhappy with the interest rate they are getting on their Cash ISA’s.
Currently, the average interest rate on a Cash ISA is currently less than 1% a year. The government’s long term inflation target is 2% a year, which means that in real terms, you are losing money to inflation every year.
Fernleigh Wearden & Co for a number of years have helped many clients in Preston, Lancashire and the surrounding areas, invest in Stocks and Shares ISA’s. There is the potential to achieve returns above the current Cash ISA average rates of return, for clients who are willing to invest over the longer term of 5 years plus.
The returns you may receive are dependent on the level of risk you are willing and able to take and the length of time you want to invest.
It is important to note when investing that;
• Past performance is no guarantee of future returns.
• The price of units and the income from them can fall as well as rise.
The value of this investment is not guaranteed and on encashment you may not get back the full amount invested.
Want to talk this through?
A free introductory call with an adviser. No obligation afterwards.
This article is for general information only. It is not personal advice and it is not a recommendation. The value of investments and the income from them can fall as well as rise and you may get back less than you invested. Past performance is not a reliable indicator of future results. Tax treatment depends on individual circumstances and may change. Fernleigh Wearden & Company Ltd is authorised and regulated by the Financial Conduct Authority, firm reference number 929372.
