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When interest rates increase, borrowing costs for businesses and consumers also increase. This can lead to slower economic growth, as companies may invest less and consumers may spend less. Additionally, higher interest rates can cause the value of existing bonds to decrease, which can lead to losses for bondholders. On the other hand, savers may benefit from higher interest rates on savings accounts and other deposit accounts.
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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