Personal Finance

Don’t bank on deposits – there are other ways to get your money to really work for you

From managed funds and pension pots to European online savings accounts, shop around before deciding on the best way to invest

With each interest rate hike, mortgage holders and those looking to get on the ladder whip out their calculators to work out what the move will mean for their bank accounts. Picture: Getty

As a nation, like most of our European counterparts, we have become increasingly attuned to the movements of the European Central Bank (ECB) over the past 15 months.

With each interest rate hike, mortgage holders and those looking to get on the ladder whip out their calculators and, with a small pit of dread in their stomachs, work out what the move will mean for their bank accounts.

However, while the ECB has been raising ...