Category: Savings

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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interest rates
Our interest rate prediction

Inflation holds steady against a backdrop of deal or no deal Only a few days remain until the 29th of March with still no decision made on how we exit the EU. The Bank of England Monetary Policy Committee will…

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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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make money before tax bill
Make money before your tax bill 2020

Now is a great time to turn your attention to your client’s tax liability due 31 January 2020 and how this can be efficiently funded. People who are aware of large liabilities being created in 2018/19 are well advised to…

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Chartered Institute for Securities and Investment Event - Financial Planning Annual Conference 2018
Chartered Institute for Securities and Investment Event

On the 1st and 2nd of October 2018, Peter Griffin and Alan Sneddon attended the CISI event at the Hilton Birmingham Metropole. Thank you to everyone who came along to visit our stand and meet Peter and Alan, it was…

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financial education | Kirsty Grainger
What do you remember about your financial education in school?

We asked our team to share their experiences. Kirsty (Age 33) There was no such thing as financial education in schools when I was school age. I was aware from my parents that money didn’t grow on trees, and my…

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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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Sharia-compliant savings accounts
What are Sharia-compliant savings accounts

Islamic savings accounts, also known as Sharia-compliant savings rarely appear on comparison website best buys. However, they can offer returns which compete with the top UK savings accounts. Islamic savings accounts provide a Sharia-compliant way of saving for Muslims living…

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Interest Rates
Bank of England increase creates the highest base rate since the financial crisis

The Bank of England announced at lunchtime today that the base rate will rise to 0.75%. The decision was unanimous against a backdrop of improving economic indicators and the continued desire to take the inflation rate to 2%. Focus will…

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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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Fraudulent Code
Top 10 tips to prevent fraudulent activity/ identity theft

Here are our 10 tips to protect yourself from cybercrime: 1) When providing payment details online, make sure you are using a secure site – look for the padlock icon in the address bar to verify this. From July 2018,…

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Interest Rates
We predict no change – Bank of England Base Rate

The Bank of England Monetary Policy Committee meets again on Thursday 21 June 2018.  Recent press and media commentary, as well as industry experts, are predicting no change in the base rate. Interest indicators – what we need to consider…

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