David Chinn - Partner OCIFA

With global interest rates standing at historically low levels, many clients have seen the interest payments received on savings accounts fall to negligible amounts. For those targeting an income yield from their savings it is always wise to shop around. The better interest rates are available for those willing to tie their money up for six to twelve months.

For those willing to consider an alternative to savings accounts the income yields on fixed interest investments are particularly attractive and may be suitable for part of the portfolio.

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