Shane Ellis

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.

The real value of financial planning goes beyond choosing the right investment or pension. It is about giving you clarity, confidence and control over your future. My role is to organise your finances around your goals, help you understand and manage risk and ensure your money is working as hard as it can.

Every client has a unique story. I take the time to understand what matters to you, your values and your long-term ambitions. With this insight, I develop a clear plan and stay by your side to keep it on track.

I will help you make sense of your finances, put practical investment plans in place and monitor your progress so you always know where you stand.