Guaranteed bond rates beat NSandI pensioners guaranteed income bonds

Baronworth Investment Services up to date Guaranteed Annual Income, Monthly Income and Growth Bond Surveys.

Yet again, our pensioners are being left behind by National Savings and Investments.

This is best illustrated with some examples set out below: Investment of £15,000.

1 YEAR: Pensioners Guaranteed Income Bond - 5.33% p.a.

gross, Guaranteed Monthly Income Bond - 5.36% p.a.

gross equivalent for a basic rate tax payer and 5.72% p.a.

gross for a higher rate tax payer.

2 YEARS: Pensioners Guaranteed Income Bond - 5.15% p.a.

gross, Guaranteed Monthly Income Bond - 5.49% p.a.

gross equivalent for a basic rate tax payer and 5.85% p.a.

gross for a higher rate tax payer.

5 YEARS: Pensioners Guaranteed Income Bond - 4.90% p.a.

gross, Guaranteed Monthly Income Bond - 5.45% p.a.

gross equivalent for a basic rate tax payer and 5.81% p.a.

gross for a higher rate tax payer.

Investment of £50,000: 1 YEAR: Pensioners Guaranteed Income Bond - 5.33% p.a.

gross, Guaranteed Monthly Income Bond - 6.00% p.a.

gross equivalent for a basic rate tax payer and 6.40% p.a.

gross for a higher rate tax payer.

2 YEARS: Pensioners Guaranteed Income Bond - 5.15% p.a.

gross, Guaranteed Monthly Income Bond - 6.06% p.a.

gross equivalent for a basic rate tax payer and 6.47% p.a.

gross for a higher rate tax payer.

5 YEARS: Pensioners Guaranteed Income Bond - 4.90% p.a.

gross, Guaranteed Monthly Income Bond - 6.00% p.a.

gross equivalent for a basic rate tax payer and 6.40% p.a.

gross for a higher rate tax payer.

The income from Guaranteed Income Bonds is paid net of basic rate tax.

Non tax payers cannot reclaim the tax so they are only suitable for tax payers.

The gross equivalents quoted are for illustrative purposes only.

The Guaranteed Monthly Income Bond rates are so much better particularly for larger investments and for higher rate tax payers.

It makes no sense for anybody who falls within these categories to put their money into the National Savings and Investments Pensioners Guaranteed Income Bonds.

Today's best rate from the survey: 2 years annual income - £50,000 plus - pinnacle, 5.07% p.a.

net of basic rate, (Equivalent to 6.34% p.a.

gross for a basic rate tax payer and 6.76% p.a.

gross for a higher rate tax payer).

We are often able to obtain significantly higher rates for investments of £100,000 plus.

These enquiries are dealt with on an individual basis.

We would be delighted to send any of your readers our Guaranteed Income or Growth Bond Surveys free of charge.

All they need do is write to us, telephone, fax or e-mail as below.

Although we operate a commission sharing arrangement on all investments, we do not charge any fees.

Income and Growth Bond rates are monitored throughout the day.

We can always provide you with the most up to date rates instantly (by telephone, e-mail or fax) on any working day.

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