Category: Financial Services Compensation Scheme

FSCS Changes means savings aren't protected | Financial Services Compensation Scheme | Interest Rates | Savings Accounts | Manage your savings | Cash savings
Natwest and RBS may charge firms to hold deposits

NatWest and Royal Bank of Scotland (RBS) have warned businesses they may have to charge them to accept deposits due to low interest rates. Alan Sneddon, Director of Gale and Phillipson’s Dynamic Cash Management service, said: “The driving force for…

Read More
Fixed-rate bonds reach lows | Savings Accounts | Fall in Savings Rates | Cash Management | Savers | Making the most of Cash Savings |
Loyalty to NS&I or an actively managed cash portfolio?

In early June 2016, NS&I reduced their rates across the board.  With over 25 million customers on the books we asked ourselves, could these customers have been be better off if they hadn’t been so loyal to NS&I? No one…

Read More
FSCS Changes means savings aren't protected | Financial Services Compensation Scheme | Interest Rates | Savings Accounts | Manage your savings | Cash savings
FSCS changes mean savings aren’t as protected as they were

January is no time to rest on your financial laurels if you have a lot of cash stashed away in savings, warns an industry-leading UK cash management service. New FSCS changes took effect this week that severely weaken the safety…

Read More