With deposit rates and returns from the banks so low, many of our clients are looking to achieve better returns on their savings. One solution is to put your cash into an investment bond. Â
An Investment Bond is a product that gives you a straightforward way to invest a lump sum to help you achieve your long-term financial goals, such as paying college fees, buying your first home, helping your children get on the property ladder, or just having the security of a rainy-day fund. Â
A savings plan is a regular or monthly contribution plan that allows you to make measurable, sustainable and consistent progress towards your savings goals. The process of saving money allows you to enjoy greater security in your life. If you have cash set aside for emergencies, you have a fallback should something unexpected happen.
Your savings or investment money is pooled with that of other investors. In turn, the fund invests in anything from company shares to government bonds, property or a mixture of different assets or strategies. A fund manager oversees the fund and makes decisions about which assets it should hold, what quantities and when they should be bought and sold.
Investment bonds and Savings plans are available on a single, joint, and corporate basis or written under trust.
At Phelan Caswell Insurances, we design the Investment Bond / Savings Plan to suit your requirements and make it easy to engage with and understand the investment process.