Architas investment manager Nathan Sweeney considers UK equities as a safe haven in times of market stress, and picks his best funds for income in a crowded marketplace.
We need hardly bemoan the dearth of income opportunities. The cost of living has been rising but, with interest rates at all-time lows, cash in the bank can barely meet requirements. In fact, savers are often finding they are losing money as a typical savings rate of 1% is uncomfortably below the inflation rate of 2.7%, so savings cannot grow to keep up with rising prices. Unfortunately, with the Bank of England apparently intent for now on holding the base interest rate steady at 50bp, things are not likely to improve for a while yet. However, readers need not despair: a possible sol...
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