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. It is clear that interest rates are set to remain low for quite some time. 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.