Big investors lose out on guaranteed bond rates
We enclose our up to date Guaranteed Annual Income, Monthly Income and Growth Bond Surveys.
Over the last week Guaranteed Bond rates have stayed the same apart from investments of ?100,000 plus that have dropped.
This means that investors with large sums available have to make a decision - either to invest with a number of different deposit takers so as not to exceed the ?35,000 limit under The Financial Services Compensation Scheme or else invest into a Guaranteed Bond accepting a lower rate but knowing that, in the event of a disaster, the level of compensation is uncapped.
In the current financial climate, many investors are going for the second option! Today's best rate from the survey 1 year annual - ?500,000 plus - AIG.
4.75% P.A.
NET OF BASIC RATE (Equivalent to 5.94% p.a.
gross for a basic rate tax payer and 6.33% p.a.
gross for a higher rate tax payer).
(Improved rates are available for even larger investments).
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.
For further information please contact Colin Jackson : By e-mail to colinjackson@baronworth.co.uk..
By telephone on (020) 8518 1218.
By fax on (020) 8518 4313.
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