A Bank of England base rate close to 0% has huge implications if you're an investor looking to rely on savings for your income. Not only do you have to look harder for income in the first place, you may also find yourself forced into higher risk investments. As it can be a struggle to wade through the opportunities, we at Bestinvest can help you build an income portfolio.
There are several different ways of generating income. Each has quite varied characteristics and their relative attractions depend on the financial markets. Spreading your investments across several different asset types typically minimises fluctuations in income, can help to maintain your income's real value (net of inflation) and to ensure that capital doesn't run out.
If you would like some assistance in creating an investment portfolio to generate income for you, please call us on 020 7189 9999 to speak to one of our Advisers.