Contents Understanding the income challenges facing investors today 3 Risk and reward 4 Income from equities 6 Income from fixed income 8 Understanding bond yields 9 Income from commercial property 10 Things to consider 11 Glossary 13 Spin-free guides 15 Please refer to the glossary found on pages 13 and 14 for an explanation of the words highlighted in bold throughout this guide. We are unable to give financial advice. If you are unsure about the suitability of your investment, speak to a financial adviser. The views expressed in this document should not be taken as a recommendation, advice or forecast.