Are you neglecting your cash savings?

A report by UK Savings Week in 2024 revealed how a regular savings habit can improve your personal wellbeing and increase your life satisfaction, whatever your income level. But data shows that over a quarter of adults are neglecting the ‘wellbeing’ in those savings.

A lack of interest

Research* released last September shows that over a quarter of adults keep their cash in accounts that pays no interest. With so many accounts on the market offering good rates of interest why do so many of us neglect our hard-earned savings?

If it’s the effort of shopping around or holding money on lots of different accounts that's stopping us, the solution could be a cash savings platform. There are many to choose from including Quilter’s CashHub which sits neatly alongside your Quilter investments.

Save more, when you save more

As well as earning yourself a better rate of interest in your cash, saving money in the CashHub could also help to reduce the charge on your investments.

We apply one tiered charge to all your Quilter investments. The charge reduces the more money you have in total across both your investments and CashHub savings.

This means you could reduce your Quilter investment charge, simply by having savings in the CashHub.

And you don’t pay a charge on your CashHub savings – so it’s a win-win situation.

Turn neglect into growth

With so much choice, control and convenience a cash savings platform like the CashHub could turn a neglected asset into a growing one, and boost both your financial and personal wellbeing.

You can speak to your financial adviser if you’d like to know about the CashHub.

* Building Societies Association, Sep 2024