Chartwell Direct is offering a service, Incomeline, which provides consumers with information and risk ratings on income-producing vehicles.
Investors who need to generate a regular income can receive an information booklet which details various income investments including National Savings and Investments products, bank and building society accounts and corporate bond fund investments, as well as annuities, unit trusts and split-capital investment trusts.
Each type of investment is given a risk rating between one and 10.
Chartwell Direct will also be providing information on the best building society, guaranteed income bond and National Savings rates available.
Direct dealing associate director Patrick Conollys says: “There are lots of people out there who need to generate regular income from investments. But with the current economic climate, investors are in a predicament. They accept a lower level of income or strive for a higher income by taking more risk. This service looks through all the options available and we hope to provide information which will enable investors to generate the income they need at a preferred level of risk.”
Bond guide, p18