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M&G Wealth - Six ways to keep clients invested for long-term success
As inflation pressures ease, the next move in UK interest rates may be a cut. But no-one is predicting rates to return to their pre-2022, sub-1% levels any time soon.
With some savings products offering returns of 5%-plus (as at August 2024), persuading clients that the uncertainty of the stock market may be a better long-term home for their capital than cash deposits or cash ISAs may feel like a tall order.
But focusing on goals, financial well-being and customising solutions to a client’s specific risk profile can help clients see how investment still has a powerful role in their long-term success.
Read full article here.