If it looks too good to be true...

For investors and savers, that challenge is currently finding suitable options to provide a return on their money. At one end of the scale, with the Bank of England reducing the base rate to 0.10%, interest rates on deposit accounts are not overly attractive, whilst at the other; stock markets have been very volatile through the year to date.

Because of this, some investors may start to cast their net wider in the hope of finding products offering a higher level of return. Some of the types of products that we have seen in recent years attempting to attract investors with promises of high annual returns are investments in hotels or student accommodation, storage pods, leisure developments, parking schemes or forestry.

Whilst the returns may seem attractive, often these products are high risk and unregulated, which means that if things go wrong, it can be very difficult to get your money back. Remember, if it looks too good to be true, it probably is.

Bodies such as the FCA, PRA and FSCS are there to protect investors and maintain high standards across the industry.

For those who prefer the reassurance of professional advice, as independent financial advisers who are authorised and regulated by the FCA, we can help guide you in your investment decisions. Our aim is to understand your investment goals, research and explore the whole of the market, and provide a recommendation tailored to your objectives – and of course, all in line with the points noted above.