THE POWER OF MONTHLY SAVING

The chart below compares the *returns* of a £20 per month savings plan over 10, 15 and 20 years in the average UK All Companies *investment fund*, which invests in *shares*, compared to the average UK *Corporate Bond* investment fund and an average building society *deposit account*.

Please note that past performance is no indication of future returns.

If you had started saving £20 a month in August 1998 into the average UK All Companies investment fund savings plan then by August 2008 you would have built up a sum of £3,050. Making the same monthly payments into a building society account over 10 years would have resulted in a sum of £2,596. Over a longer period (20 years) the gap widens even further. Had you started to save £20 a month in August 1988 into the average UK All Companies investment fund savings plan it would now be worth £10,848 compared to only £6,028 had you made the same monthly payments into a building society account.