INSIGHTS

INTEREST RATES AREN’T AS LOW AS YOU THINK

Interest rates might not be quite as low as you think, and inflation is also running a little hotter than many headlines would suggest. The current interest rate on a six-month term deposit is 2.8 per cent, however inflation will erode your spending power between now and when this investment matures.

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BREXIT: UNCERTAINTY CONTINUES AS DEADLINE CLOSES IN

With just 18 days until the UK is scheduled to leave the European Union (EU), a key summit this week looms as the last chance for a deal to be agreed upon. We have seen some positive developments on this front over the past several days, although the situation remains far from certain.

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