Are you a company, or do you know one, which is sitting on cash earning low interest?
There are low-risk alternative corporate investment strategies that could be a home for your cash, whilst retaining liquidity. Historically, companies, and we include us in this, have held substantial amounts of cash on deposit as liquid funds. This was fine when a decent rate of interest was paid, but in today’s world you can expect less than 1% per annum unless you are willing to tie money up long-term.
Talk to our financial planners today to learn more about alternatives to cash. With some careful planning, we can help you create a portfolio tailored for your business that will get your cash working harder for you.