Beat the Banks!: Take back control of your money and secure your family's financial future

Product Information

Past performance of a security may or may not be sustained in future and is no indication of future performance. Persistent inflation and the low interest on bank deposits have led to a general impoverishment of families who are seeing their savings disappear.

Personal finance fact: Your money loses purchasing power over time, especially if it’s in a savings account that isn’t earning interest. However, Morningstar analysts add: “We believe Smith has a good handle on the risks and over the long term will serve investors well. As you can see, there are lots of ways for you to beat the banks and keep more of your money in your pockets. Mr Cardwell said: “The idea was that we had to offer something to creditors while trying to keep as much in Justin’s pocket.Formed in February 2016, Bedford Row Capital Advisers, one of the leading non-bank arrangers of listed debt securities, started out with modest aims of achieving two or three listings in its first year, but ended up doing 11 and issuing GBP440 million in senior secured, asset backed bonds with yields of between 5 and 8. I predominantly worked with RBC Capital Markets, both in Toronto and in London, England, where I had exceptional colleagues and incredible learning experiences while dealing with the largest and most sophisticated investors in Canada and around the world.

To do this, you can put your money into savings accounts where the interest rate is higher than the rate of inflation.

Our editors and reporters thoroughly fact-check editorial content to ensure the information you’re reading is accurate.

Keeping your money in this one account feels simplified but this can come at a cost to your finances as your money may lose value over time. Bay Street has done everything in its power to keep both the amount, and the impact, of those investment fees secret. His three properties were subsequently repossessed and, because the houses then sold for less than the value of the outstanding loans, Mr Holme was left owing a significant sum to the banks. But its nine-strong monetary policy committee (MPC) was mindful of the fact that 14 interest rate rises since December 2021 were starting to hurt and it was aware of the risk of causing needless pain. The aim is to deliver a better variable rate than one you might expect to receive in a current account from a high-street bank from a low-risk investment fund.

When it comes to choosing individual funds, Keir first looks at a fund manager's track record and uses the Morningstar star rating to assess past performance, and the Morningstar Analyst Rating to determine how confident analysts are that a fund will continue to deliver in the future.