Insignis Cash

Welcome to this week's edition of Get Cash Clever by Insignis Cash. In this week's edition, we explore how IHT changes are challenging protection advice, highlight the vital role of trust and personal connection in managing client assets, and reflect on the lasting lessons from the collapse of Silicon Valley Bank nearly two years on.

We’re pleased to welcome DF Capital to our network of over 45 trusted banking partners. DF Capital's commitment to sustainability, alongside competitive rates, provides our clients with even more options when managing their own or their clients' savings. Insignis Chairman Paul Richards stated that the "Addition of DF Capital further strengthens our commitment to providing tailored solutions for effective cash management.”

Welcome to this week's edition of Get Cash Clever by Insignis Cash. In this week's edition, we explore the ￡276 billion sitting idle in UK bank accounts, confidence among high-net-worth individuals in the UK economy, which has hit an all-time low, and how the FCA's Thematic Review is reshaping pension planning. What could all of this mean for your clients?

Today's top rates... Explore the top rates on our platform and find out if you or your clients are earning enough on your cash deposits.

The Bank of England's Monetary Policy Committee (MPC) has decreased the base interest rate to 4.5%. ? ? This marks the third interest rate cut since the Covid-19 pandemic. In December's inflation reading, the annual inflation rate slowed from 2.6% to 2.5%, surprising analysts who had expected it to hold steady or increase slightly. ? ? Cash continues to remain a safe asset, particularly with mounting geopolitical headwinds. With savings rates still attractive clients are increasingly choosing longer-term fixed rates to make the most of their cash.??

Welcome to this week's edition of Get Cash Clever by Insignis Cash. In this week’s edition, we explore the potential downfalls of lifting bonus caps and touch on why retiring before the pension age might be a high-risk move for retirees.

Yesterday, our Banks team had the opportunity to attend the Association of Savings Professionals event at The Montague on the Gardens Hotel, where they presented at a roundtable discussion to over 30 savings professionals. We shared insights on our growth over the past year, the strength of our savings products and proposition, and how we continue to support our partner banks in delivering value to clients. A big thank you to everyone who joined us. It was a pleasure connecting, and we hope you enjoyed the socks and the opportunity to continue the conversation over drinks afterwards.

In this week’s edition, we explore: - How much money could be sitting in unclaimed Child Trust Funds (CTFs) - The challenges investment providers pose for financial advisers, as told by Giles Hutson to the FT Adviser - Why advisers are fielding calls about trusts from their clients Enjoy!

The FT Adviser’s lead story today features our CEO, Giles Hutson, highlighting how investment providers are increasing competition for advisers' clients. He said: “There is a sense within the advice community that they [advisers] are in competition with other parts of the financial services industry for clients.” Read the full story below.* *Please note, if you don’t already have an FT Adviser account, you can create one for free and access the article.

As 2024 ends, we reflect on the milestones achieved, thanks to the support of our valued adviser and banking partners. We look forward to further growth and collaboration in 2025. Thank you for being part of our journey. Wishing you a happy and prosperous New Year!