Category: Dynamic Cash Management

How has open banking progressed?

Over a year and a half ago open banking was heralded as a revolutionary way to handle your money. You would be able to track all of your bank accounts at the push of a button. Controlling your direct debits,…

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Cash is king
Cash is king?

Economic and political uncertainty continues to create an environment where clients are wary of making major financial decisions. Taking a cash position for the time being is becoming more common for 25% of HNW clients*, who now hold more than…

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Fraud prevention
Fraud Prevention

Being a victim of fraud is becoming ever more common, if you haven’t experienced fraud directly, you will undoubtedly know someone who has. With fraudsters coming up with ever more sophisticated scams and methods of getting their web-based hands on…

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We predict no change – Bank of England base rate predictions

The Bank of England Monetary Policy Committee meet again on Thursday 13 September 2018. The increase in the Bank of England base rate in early August 2018 meant the highest base rate since March 2009.  With the potential of a…

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Basic Savings Rate
Will apathy and inertia pay after all?

Since 2013, the Financial Conduct Authority (FCA) have tried to find a fair solution for clients who remain in low yielding instant access savings accounts. Figures compiled in 2013 estimated that £354 Billion is held in these accounts. Therefore, significant…

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investing phone
Open Banking – A Revolution?

13 January 2018 saw the introduction of Open Banking. The following information explains: 1) Why it has been introduced? 2) Who can participate? 3) How do you get started? 4) What are the benefits? 5) Who will provide the service?…

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Wealth Maximisation
Where will you park your clients’ cash for their next tax bill?

Now that tax year end is approaching, you may have taken care of last minute investments, to utilise tax year allowances for your clients.  But have you thought about where to keep cash to pay for their next tax bill? …

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Basic Savings Rate
Is it worth our business trying to improve our bank account interest rate?

On a recent visit to a local business we were asked a simple question… “Is it worth our business trying to improve our bank account interest rate?” The answer to their question was simple… The business had £1.2m in cash…

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Amy Clarkson
Meet the Team – DCM Administrator

What is a typical day at DCM? As I am still relatively new to the company, my day usually involves a lot of learning and asking lots of questions – which everyone is more than happy to answer.  So far…

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Challenger Banks

Increased competition improves interest rates The desire to improve savings rates in the UK is being satisfied by the new wave of challenger banks entering the banking sector. Challenging the large established providers is exactly what is required to improve…

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We Are Hiring

Job title: DCM Client Manager Position: Reports to DCM Operations Manager No-one reports to him/her Summary of company and role: This role is based in the Richmond, North Yorkshire office of Gale and Phillipson, a wealth manager and independent financial…

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Is it still worth investing in a Cash ISA? | Changes to Personal Savings Allowance means greater tax allowances | Cash Management and Savings Advice
Meet the Team – New Business

We took 5 minutes to chat to Andrew Featherstone, New Business Manager for DCM. Attracting new business for the service is Andrew’s key role and it seems his dogs are good at drumming up a lot of  media interest too……

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