Alliance offers expats savers substantial guaranteed returns

Alliance offers hope to expats savers with substantial guaranteed returns

The halcyon days of your local bank actively encouraging savers to deposit their hard earned cash into savings accounts with realistic interest rates are long gone.

A Moneyfacts survey published in the UK broadsheet The Telegraph provides a snapshot of the 10 best 5-year fixed savings bonds available from international high street banks. It doesn’t paint a pretty picture…the best rate reaches a paltry 2.10%*. You don’t have to be a savvy investor to realise that there must be more lucrative deals available.

So what are your options if you are an expat looking for a financial vehicle to grow their nest egg or generate regular income needn’t lose heart. There is light at the end of the tunnel.

If it was an ideal world, you would have the opportunity to park your money in a fixed term savings bond where it could earn a guaranteed fixed rate of interest...and definitely much more than 2.10%! Another item on your wish list may be to have the flexibility to choose between receiving a monthly income or a lump sum. For example you may choose to take out a 5-year savings bond and receive monthly interest payments of 4% or perhaps you would prefer to wait until the plan reaches maturity and receive 6% interest. All interest growth is tax free.

The good news is that the Hong Kong based Alliance Capital Savings, a subsidiary of international insurance and financial services giant Alliance Group International Limited, offers guaranteed fixed interest savings plans - Alliance Capital Guaranteed 33% + fixed interest savings bonds – which incorporate all of these benefits and features. The average investment is around 100,000US$ but it is also possible to invest much less or more.

What is so great about Alliance Capital Guaranteed 33% +?

We don’t need to discuss the mechanics of the fund, let’s keep it simple. These bonds are ideal for expats savers looking for secure, low risk bonds with guaranteed high returns. The fact that the returns are fixed, so that you know exactly what you get and the bonds are financially guaranteed by the parent company Alliance for the last 10 years which provides peace of mind that there will be no nasty surprises due to market fluctuations. You receive a guaranteed rate of interest (the exact amount will depend upon the term and the type of savings plan you choose. Furthermore there are no hidden start-up costs or annual fees.

Alliance Capital Bonds at a glance

-Tax free
-Fixed interest
-Flexible terms
-Globally mobile
-Multicurrency
-Financially guaranteed
-No hidden fees or charges

Regulation and registrations

Adding further peace of mind for any savers who may be sceptical of such plans, the Alliance 33+ savings bonds are registered and regulated throughout the world, the most recent jurisdiction being Gibraltar. As to which jurisdiction would regulate your bonds, this would be determined according to your location and nationality.

Too good to be true, not at all, the only caveat is that the funds cannot be touched until the end of the agreed plan, which could be between 5 and 15 years. The longer the commitment the higher the interest, with the 15 year plans you could earn up to 10% interest – guaranteed.

Let’s consider some of the alternatives…

Savings accounts

We have already touched upon the meagre interest rates available on the high street. Quite simply the larger banks don’t feel that they need to work hard for our custom. If they are not interested in wooing you...Enough said.

As safe as houses…not anymore!

Over the last few years property ownership as an investment or in lieu of a retirement plan has grown considerably. Unfortunately, when the financial crisis hit in 2007 many investors were left high and dry, not only seeing their pension pot dwindle due to slashed market valuations, there was the double whammy of not knowing whether it would be possible to sell the property at all.

Dabbling in stocks and shares… do you feel lucky?

Many investors make pots of money by playing the stock markets. Yet it is often said that if you can't afford to lose the money you can’t afford the investment. Funds and stocks are subject to performance fluctuations and the amount of risk is not for the faint hearted, or anyone who requires a guaranteed to return on their investment.

One of the reasons these types of bonds are ideal for expat savers is that all Alliance Group companies specifically cater for the expat market. With no access to state provision, expat retirees and international assignees must make provision for their financial future, and this is where the Alliance Group’s expertise lies.

For more information about Alliance Capital Bonds contact info@welcometoalliance.com or visit the website welcometoalliance.com.

*Figures provided by telegraph.co.uk (January 2017)
http://www.telegraph.co.uk/personal-banking/savings/best-savings-rates-coming-banks-never-heard/

Why the best savings rates are coming from banks you've never heard of

Savers looking for the best interest rates will not find them at high-street banks’ savings bonds, but instead from providers that many may not have heard of.

Since a new breed of smaller, online-only, providers emerged in summer 2015 with top interest rates, traditional high-street providers have taken a back seat in the best buy tables.
This is especially evident in the fixed-rate bond market.

Not a single high-street bank appears in the top 10 rates paid out on five-year bonds from December 2016 and January this year.

In fact, the only familiar name is Tesco Bank, which provides online-only accounts. The rest of the providers are either new or less established in the market.


Read More http://www.telegraph.co.uk/personal-banking/savings/best-savings-rates-coming-banks-never-heard/