Daniel Birtles

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.

Background: I have worked within the financial services industry for over 20 years, I originally started off within the insurance industry and then moved on to work within the banking sector. I have worked for two of the biggest banks within the UK, I have always wanted to be in a position where I can work for myself. I like the idea of having flexibility within my working week, and I know that through hard work and dedication I can make a successful business that will support me and my family for years to come.

Study: I have always wanted to educate myself to a very high standard, it’s important for me to have a high degree of knowledge, because I know my clients will see the benefits of working with an advisor that has taken the additional steps to have the increased knowledge and expertise.

Social: I enjoy spending time with my partner Sam and my cat Molly. I enjoy playing golf and I'm looking at reducing my handicap, so that I can potentially take my game overseas and experience some of the fantastic golf courses available within Europe. I have practised martial arts for a long time and gained black belt status, this type of training helps me stay fit and helps me focus my mind. I enjoy dining out, and as I'm getting older I'm preferring to go for a nice meal rather than spending time on the dance floor.

Aspirations: My goals are to manage a portfolio of my own clients, to build up healthy working relationships where I can utilise my experience and knowledge to help people with their financial plans. My Portfolio of clients is increasing all the time which is enabling me the opportunities to put into practise all of my years of study. I feel confident that I can help people with their financial planning, which includes things like trust and tax planning, pension and investment advice and having the right protection policies in place. I work in association with a fantastic company ‘Quilter’, utilising their experience and professionalism puts me in a great position and fills me with confidence when I'm in front of my clients.