Cash Management
For IFAs and Wealth Managers: in the past, generally speaking, independent advisers and Wealth Managers have been relatively disinterested in the vast majority of client’s cash deposits and reserves. However, in a more heavily regulated world, the ability to manage as much of a client’s assets as possible, and to show value in the services provided is of paramount importance; thus cash management is of great significance.
For Pension Schemes, Companies, Charities and Trusts: the need to maximise yield and minimise risk on cash deposits has never been greater. In conjunction with our UK-based, FCA-regulated partner companies, we provide a unique cash management service that meets these needs.
The key aspects of this service include:
- Monies are held in UK bank accounts in the client’s own name.
- The service is available for individuals, companies and/or their pension schemes.
- It is also accessible by charities and some trusts.
- Net returns are often four or five times the existing deposit yields.
- Instant access, fixed term or a mix of these accounts are provided as required.
- The service is tailor-made and thus provides a bespoke solution for clients.
- An ethical solution is also available.
By way of an example, in mid-March 2018 an instant access rate of 1.4% was available to personal, corporate and charity savers.
This compares extremely favourably against the High St banks (most were well below 1%) and National Savings and Investments for UK-based clients.
If you are an investment professional, company director, charity, pension scheme or trustee, please Contact Us for more information.