The current financial climate is proving to be a testing time for anyone trying to preserve and to protect their assets from today’s array of investment-impacting factors such as low interest rates, high inflation rates, exchange rates, tighter austerity measures and the devaluation of property. Thanks to the global banking crisis and the Eurozone crisis, which is by no means resolved, the uncertainty continues to permeate through the global economy.
The surprising thing is that the proven solutions that today’s savvy investor commonly takes advantage of are openly available to any member of the general public looking to offset the escalating damage done to their final income levels after mortgage payments, currency exchange, savings, returns from investment property and of course tax, have taken their toll.
Whilst no individual solution exists to fix any of those financial issues, measures can be taken to offset their impact and to minimise most costs incurred by YOU, the everyday investor. No secret is made of these plans or programmes yet very few people operating outside of the financial sector seem to make money-making arrangements that often prove profitable for those prepared to seek professional advice.
It’s an unfortunate reality that at times like this, when people really should be reviewing their savings and investing strategies, it seems to be that human nature tends to see people avoiding reviewing these important matters.
Remember, most reputable companies offer their services with an obligation-free introduction to their business and the solutions they provide. It’s important to identify a reputable, reliable and regulated company of course, so always ensure that the solutions they offer are government-approved; you may have heard of some of the schemes listed below, such as the commonplace QROPS or QNUPS that boast the highest uptake levels:
- QROPS (Qualified Recognised Overseas Pension Schemes)
- QNUPS (Qualifying Non-UK Pension Scheme)
- Guaranteed Deposit Rates
- Property Purchase & Investment
- Multi-currency investment accounts
As is true for so many who are feeling the pinch from the current economic downturn, fear of the unknown has held them back from reviewing and amending their savings, investment and pension planning strategies.
For obligation-free advice and further insight into any of the above options that are open to anyone hoping to reduce their monthly expenditure, please contact a proven, professional financial advisor.