Access to competitive savings accounts with FSCS protection from a variety of banks within one easy-to-use investment account. We take care of the administration and money management. Effectively managing your cash savings is a crucial, yet often overlooked, component of a comprehensive financial plan.
Many individuals still miss out on maximising their returns. Our Independent Financial Advisors (IFAs) are dedicated to helping you make your money work harder, offering expert advice and access to innovative cash management solutions.
Initial Consultation Free
Independent Advice
Receive unbiased, expert advice.No Minimums
No minimums to access our services.We can open and manage multiple savings accounts from numerous banks on one platform. All are advised for a competitive fee for you.
The savings market is complicated, so we offer personalised guidance to help you through the maze. We don’t just look for the top rates; we help you develop a comprehensive cash management strategy that considers your financial objectives, risk appetite, and access requirements.
For many of our clients, the most effective way to enhance cash returns and simplify management is through the use of cash savings platform, where you give us the power to invest in the best rates at banks that provide you with protection and meet your needs to access cash. We recommend and facilitate access to our Savers Hub, designed to transform the way you save all under the guidance of a professional manager.
Want your cash work harder? Contact us to get an illustration of what we could offer in your circumstances.
Our Cash Management Services covers:
- Personalised Consultation: We start with a free, no-obligation first consultation to understand your current cash position, financial goals, and liquidity requirements.
- Market Insight: Our IFAs actively monitor the savings market, staying informed about competitive rates and new opportunities that you might otherwise miss.
- FSCS Protection Optimisation: We assist in structuring your cash holdings to optimise FSCS protection across different banking licenses, giving you peace of mind.
- Administrative Efficiency: We can help you significantly reduce the administrative burden associated with managing multiple savings accounts, saving you valuable time.
- Tax Efficiency Considerations: We can discuss the tax implications of your savings interest and help you understand how to manage your cash to optimise your overall financial position.
Savers Hub is like a “savings supermarket,” giving you access to competitive savings accounts from a variety of trusted banks and building societies, all within one easy-to-use platform. It takes the fuss out of finding better interest rates. Instead of opening multiple accounts with different providers, you gain a single login to track, choose, and deposit your cash across a diverse range of options, all with expert guidance.
Types of Savings Accounts Available on our advised Savers Hub
Edale has a range of account types to suit different access needs and investment horizons:
Easy Access: These accounts allow you to deposit and withdraw your money at any time, usually without penalty. They offer maximum flexibility for your savings.
Warning: Instant access accounts generally offer lower interest rates compared to fixed term or notice accounts, as you are not committing your funds for a set period
Fixed Term Deposit Accounts: You ‘lock’ your money away for a fixed term – generally between 6 months and 5 years. You will usually be paid a fixed rate of interest for the entire term.
Warning: On a fixed term account you generally cannot access your savings before the end of the term.
Notice Accounts: You can keep your money saved for as long as you like. However, you must give a set period of ‘notice’ (for example, 30, 60 or 95 days) before you can access your money.
Warning: Rates on notice accounts may change during the notice period.
Banks may calculate and pay interest/profit in several different ways (for example, annually or at the end of the term). To see how interest/profit is calculated and paid on each individual savings account, please read the individual savings account’s factsheet on the platform. Each account also has its own minimum deposit limit.
Integrated financial planning with competitive cash returns
The saving hub has all the benefits of a comprehensive cash platform. It has a broad range of savings accounts from different banks and a slick online set up process so that you can get going in a flash. By embedding cash into other investment accounts and cashflow planning we can give you more functionality to help plan, invest and save. You can get a combined view of cash and platform investments, accessible through one unified view, so save time and effort. You get full visibility of cash positions, fixed-term maturity dates, and new cash deposits; you’ll always be in the know. Helping you to have be in the know, whether looking for top rates for the short-term, such as for an emergency fund, or they’re looking to make the most of a longer-term, fixed-rate deal.
We can help a range of in a range of circumstances
Time-Pressed Professional with Significant Savings
busy professional with a substantial cash reserve, but you simply don’t have the time to research and manage multiple savings accounts. Edale’s Savers Hub offers a streamlined solution, allowing you to access competitive rates from various banks through a single login, freeing up your valuable time while ensuring your money works harder.
Maximising FSCS Protection Across Multiple Accounts
You have a large sum of money in cash that exceeds the FSCS protection limit with a single bank, and you’re concerned about spreading it safely across different institutions. Our Edale IFAs, combined with the Savers Hub, can help you strategically distribute your funds across multiple banking licenses, ensuring maximum FSCS coverage without the hassle of individual applications and monitoring.
Dissatisfaction with Low High Street Bank Rates
Your savings are currently languishing in a low-interest account with your main high street bank, and you’re eager to improve your returns but are unsure where to start. Edale’s advice can guide you through the options, demonstrating how the Savers Hub provides easy access to better rates from a panel of trusted providers, helping you break free from inertia and boost your savings.