January 09, 2024
Article
Over 30 Albert Goodman clients already have over £1.5m in our Cash Management Service, which allows access on one platform to a range of the top cash accounts on the market.
The service allows us to switch accounts, and select instant access, or a fixed rate term with competitive interest rates, quickly and easily, without the requirement for additional paperwork each time.
So far, many of the clients using this service have been individuals, who, for whatever reason, are not investing into markets right now and want to maximise the interest rates. But the service is also open to Trustees and Companies too, and with rising interest rates, the returns that can be achieved are rising rapidly.
Many companies hold significant amounts of cash, but it is often sitting in a business account earning little or no interest, and with inflation as high as it is, the value of this cash can be seriously eroded.
So, what sort of interest rates are available?
All funds can be maintained within the Financial Services Compensation (FSCS) limit, and institutions are only selected for the cash management ‘panel’ if they have a good customer service record.
Well, these are changing fast, but with rates significantly over where they have been for many years, now is a great time to make use of this service.
So, you are an individual, Trustee, or hold cash in a company that isn’t making the most of this facility, please contact us.