News

Low interest rates likely to be a problem for some time

Thursday 16th of June 2016

PwC has released a new report, examining the future direction of interest rates.

It says there is a 75% probability that the 10-year swap rate will be at 4% or below for the next two to five years.

Financial adviser Martin Hawes said that meant some advisers would have to change their investment strategies, particularly for clients who were worried about income.

“We need to...

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