A new cash option, introducing the Cater Allen Cash Hub

Cater AllenFinding a Cash option, which pays a competitive rate of interest, allows the flexibility of instant access to capital and has more functionality than a simple deposit account is tough. But investors and advisers alike now have a new option, in the form of Cater Allen’s innovative Cash Hub. What is the Cater Allen Cash Hub? Simply put, the Cater Allen Cash Hub is a transactional account, which sits at the centre of a portfolio and facilitates the movement of money, whilst ...

SSAS: Deposit accounts for SSASs, what are your options?

iStock_000015874214_ExtraSmallThe Investment Sense website publishes the only in-depth best buy table for SIPP deposit accounts, but what are your options if you have a Small-Self Administered Scheme or SSAS for short? SSASs have had a resurgence over the past couple of years and with stock markets increasingly volatile we are getting more and more enquiries about the Cash options available. You’d be forgiven for thinking that if a bank or building society offers deposit accounts for SIPPs, then they will accept ...

SIPP deposit accounts: New entries, climbers and fallers November 2012

Any hope that the recent falls in interest rates on SIPP deposit accounts were coming to an end in October, have been well and truly dashed in November, with rate cuts and product withdrawals continuing apace. The main reason behind the continuing rate cuts appears to still be the Funding for Lending Scheme (FLS), which is offering a cheaper source of finance to banks and building societies; although we are seeing more institutions confirm that their own funding position is strong, meaning they require less money from depositors. New entrie...

SIPP deposit accounts: New entries, climbers and fallers October 2012

The downward trend in SIPP deposit account interest rates has continued into October, although, for once, there is the odd glimmer of hope that the bottom may have been reached. New entries Unfortunately, no new banks or building societies have entered the SIPP deposit account market this month, indeed we have lost some accounts, including the popular one and two year fixed rates from the Ipswich Building Society. Need advice on your SIPP?...