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Interest rates for family trusts

Last post Tue, May 06 2008, 7:04 PM by maxsteam. 1 replies.
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  •  Tue, May 06 2008, 5:48 PM

    Interest rates for family trusts

    As Trustee of a family trust I have been unable to find an account which pays a decent rate of interest for trust money. Does anyone know of an account that pays anything like the going rate for trust monies?

    Jake11

    • Post Points: 20
  •  Tue, May 06 2008, 7:04 PM

    Re: Interest rates for family trusts

    Current account's do not pay much interest but is there any reason why you cannot buy an ordinary investment bond, for example, and put it in the name of the trust?
    • Post Points: 5