Skecia Petrie

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 advise individuals, couples, families, friends, freelancers, entrepreneurs and business owners across all areas of financial planning. This includes, but is not limited to personal and business protection, regular and lump sum investments, pensions and retirement planning.

Example reasons to get in touch:

• Safeguarding assets and liabilities, leaving a legacy for loved ones, wanting to redirect any expenditure
• Change in your circumstances e.g. employment status, new addition to your family, change in relationship or marital status, family health history, loss of a loved one
• Review your savings, investments, pensions, protection plans and insurances
• Inheritance, windfall, saving for a deposit, building wealth for your future
• Financial health check to review where you are and where you want to be, making plans to achieve your short, medium and long-term goals

What to expect from me:

If you're reaching out about something specific, it usually has an impact on other aspects of your finances. It’s always helpful for us to have a wider conversation to understand your previous experiences, motivations and concerns. Wherever you are in your life stage, financial planning can be transformative for you and your loved ones. It can provide financial security by having the right amount of money, in the right hands, at the right time.

I bring a wealth of experience from the charity sector, higher education and financial services where I began advising in 2001. I have developed long-term relationships with a diverse range of clients and colleagues, through shared experiences, inclusive practices and effective communication.

Outside of work, I love spending time with family and friends, serving in my church and local community, live performances/events and staying active.

I am available for remote meetings across the UK, and in-person depending on location. I look forward to connecting with you soon.