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Britons stash over £1bn at home as interest rates on savings dwindle

The most popular reasons the 2,000 people surveyed gave for keeping cash at home include being able to s ee it, using it for everyday spending, and convenience.  Many are unhappy with the interest they were making on other savings and a whopping 17 per cent said their savings were generating no interest at all.

Piggy banks are a great starting point for children learning the basics of saving money, but there is a clear opportunity for adults to gather their stockpiles together and make their money work harder for them.  Whether it is under the mattress, in a bottle, or in a sock drawer, that money could be contributing towards your savings goals.

With interest rates so poor people just do not know where to turn to invest their hard earned cash and give them some sort of genuine return.  This is where I can help!  If you wish to see your money begin to give you an income of 5% per annum, I have a robust genuine safe investment available from a highly reputable multinational insurance organisation that will give you that.

This communication is for informational purposes only and is not intended to constitute, and should not be construed as, investment advice, investment recommendations or investment research. You should seek advice from a professional adviser before embarking on any financial planning activity. Whilst every effort has been made to ensure the information contained in this communication is correct, we are not responsible for any errors or omissions.

Other News

Could Spain be heading for its own EU referendum?

Red PencilThe process of Brexit is a complicated business. It’s been a year since Britons voted to leave the European Union. But how has Britain’s controversial decision and its handling of the situation thus far affected other EU countries’ views of the Brussels-based Union? Has the uncertainty faced by the British Government convinced others to stay put, or do they wish to follow suit and have a Frexit, Spexit, Grexit, etc.?

A recent poll by Pew Research Centre gathered opinions from almost 10,000 people from 10 European countries including France, the Netherlands, Spain, Germany, Poland, Sweden, Italy, Greece, Hungary and UK. The purpose of the survey was to find out the attitudes towards Brexit and the EU from across Europe. It questioned respondents on topics such as would they want a referendum of their own and whether they think Brexit is positive or negative for Britain and other member countries.

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British expats in the Netherlands could do with more financial help

French FlagWe all need a little bit of extra help from time to time.

For instance, in one popular expat destination, the Netherlands, research was recently published to suggest that many expats could do with more financial help.

The survey, carried out by the International Community Advisory Panel (ICAP), an independent foundation hoping to strengthen the connection between the Netherlands’ international community and the Dutch government, has shown that the majority of expats living in the Netherlands do not receive enough help from the Dutch government when it comes to several key matters, including finding affordable housing and integrating their children into the school system.

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