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A fixed interest rate is a rate at which the interest on a loan or deposit account is set at a specific percentage for the entire term of the loan or deposit. This means that the rate will not change, regardless of any changes in market interest rates. This can be beneficial for borrowers because they know exactly what their interest payments will be over the life of the loan, and can budget accordingly. However, borrowers may miss out on lower rates if market rates decrease.
At Horizon65 we can help you to determine if company pensions are worth it for you by using our mobile app to simulate its effect on your future taking into your existing investments and potential impact of inflation and taxation.
We regularly help our clients by comparing all the available company pension products on the market using our comparison portal or you can also directly get in touch with our experts to understand if it can be a good option for you.
Download our app and start gaining insight into your current and future finances.
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