The benefits of regular savings
24 June 2014
In the complex world of investment timing appears to be crucial. Without the benefit of hindsight it is impossible to second-guess the market however, there is a way around this. By saving regularly, investors can benefit from what is known as ‘pound cost averaging’.
This mitigates the risk of buying your entire investment at a single price – instead, smaller sums are regularly invested at a variety of different prices, reducing the risk of investing at the wrong time. Most investment products offer regular savings as an option, including investment funds, Individual Savings Accounts (ISAs), life assurance and pension plans.
For more information on how to benefit from regular savings contact a member of our team.
View all News