Andy Thomas

Aim to maximise your cash savings

It might shock you to know that 28% of people hold their cash in interest-free savings accounts⁽¹⁾, receiving no return on their hard-earned money. Because under current rules a basic rate taxpayer can earn up to £1,000 in interest from their savings without paying tax, these people could be missing out on a significant financial boost that they could be enjoying.

This is even more relevant when you consider that the average person typically holds up to 25% of their available money on cash deposit⁽²⁾. So, by reviewing your cash and tackling any ‘lazy money’, you’ll be making a great start at getting your finances in shape and achieving longer-term financial security.

If your money isn’t working as hard as it could, I can help. By making it easy to access potentially better interest rates, I can help you to aim to maximise your cash savings – giving you more money to spend on the things you enjoy or helping you grow your money towards a longer-term goal.

¹ Building Societies Association Sept 2024
² The Lang Cat: Cash as an asset class survey June 2024

Cash on deposit advice is not regulated by the Financial Conduct Authority.

I am a financial adviser with over 20 years of experience, dedicated to helping individuals, families, and businesses across Cornwall achieve financial clarity and peace of mind. My passion lies in simplifying complex financial matters, enabling my clients to confidently prioritise their goals and build a secure future.

Beyond my professional life, I enjoy an active and fulfilling personal lifestyle. Running has been a big part of my journey, including completing two marathons, which taught me the importance of persistence and setting ambitious goals - values I bring to my financial advising. Living in Cornwall near the beach provides endless inspiration, especially through my love for the ocean and the tranquillity it offers.

My family - my wife and two wonderful boys are my anchor, and spending quality time with them is what keeps me grounded and motivated. In addition to my career, I’m passionate about giving back to the community, especially through charity fundraising initiatives that make a positive impact on the lives of others. I also have a deep love for travelling, embracing new cultures, and exploring the world, which broadens my perspective and enriches both my personal and professional life. This blend of professional expertise and personal values drives me to offer compassionate and dependable advice, ensuring my clients feel supported every step of the way.