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.
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