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What to do now with my savings
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Paulsis
Posts: 1 Newbie
Hi,a bond for £50000 is soon to mature.i already have the full amount in Santander current account and ISA,s so how can I ensure I get the best interest going forward.
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Comments
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Impossible to advise you without knowing how long you want to invest the money for, your other savings and investments, etc etc etc.0
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'Interest' is relatively poor and has been for some time. Have you considered a Life Insurance Investmant Bond and selecting lower risk unit trust funds?
These can be good but you need to know about what funds to invest in and where to set it up for minimum initial and ongoing charges.
Depending on your circumstances, if you have a high net worth, these can be incorporated efficiently in certain Trusts.
SamI'm a retired IFA who specialised for many years in Inheritance Tax, Wills and Trusts. I cannot offer advice now, but my comments here and on Legal Beagles as Sam101 are just meant to be helpful. Do ask questions from the Members who are here to help.0
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