INTERESTED IN HIGHER INTEREST ACCOUNTS?

TODAY’S BLOG

ARE YOU MORE INTERESTED?

The last year or so has seen enormous improvements in technology. Thankfully the money management technology is one of those elements that has improved.

Hunting for a decent interest rate is hard enough at the moment, but moving to a new better account once the rate has come to an end is a constant frustration due to the effort required and all the hurdles of proving your identity. As a result, most savers languish in poor accounts, earning next to diddly squat.

If you consider that your savings at a UK Bank or Building Society is only protected to the first £85,000 under FSCS rules, then balances that are larger give some concern, particularly when life feels somewhat uncertain.

MAKING MONEY MANAGEMENT EASIER

I’m pleased to announce that we have teamed up with Akoni, one of several cash management providers. They have branded the site with our logo – its their kit and service. I decided to remove any payments that we might get to your advantage. This is very self-service, but we can assist if you get stuck.

There are other solutions, this is aimed at those with cash savings of more than £85,000 – so not for everyone, but you can get rates of interest that others with much larger balances enjoy.

The aim of all these services is to make life easier for you, getting you better rates of interest. Its not free, no bank provides a free service (think about it – or ask if you still don’t understand). The Cash Management service company (Akoni in this instance) make a small charge which I believe is worth paying for the convenience.

Have a look for yourself by clicking this link.

Dominic Thomas
Solomons IFA

You can read more articles about Pensions, Wealth Management, Retirement, Investments, Financial Planning and Estate Planning on my blog which gets updated every week. If you would like to talk to me about your personal wealth planning and how we can make you stay wealthier for longer then please get in touch by calling 08000 736 273 or email info@solomonsifa.co.uk

GET IN TOUCH

Solomon’s Independent Financial Advisers
The Old Bakery, 2D Edna Road, Raynes Park, London, SW20 8BT

Email – info@solomonsifa.co.uk 
Call – 020 8542 8084

7 QUESTIONS, NO WAFFLE

Are we a good fit for you?

GET IN TOUCH

Solomon’s Independent Financial Advisers
The Old Bakery, 2D Edna Road, Raynes Park, London, SW20 8BT

Email – info@solomonsifa.co.uk    Call – 020 8542 8084

7 QUESTIONS, NO WAFFLE

Are we a good fit for you?

INTERESTED IN HIGHER INTEREST ACCOUNTS?2023-12-01T12:13:01+00:00

Business owners heed lessons from online retail

Solomons-financial-advisor-guest-blogger-G-Jones

Graham Jones is a man that knows a thing or two about the web and our relationship with it. He is an internet psychologist with a lot of useful insights, in particular for those that own or run a business in the UK. Here is his latest piece to get business owners thinking – which includes me. So let me know how I can help you too.

Business owners heed lessons from online retail

Where do you go to buy things these days? The chances are you use a variety of sources – local shops, out-of-town retail parks, town-based shopping centres and, of course, the Internet. However, increasing amounts of evidence show that the starting point for our purchases is the web, with Google being our “number one” place to go to start our shopping journey.

webshopping

The latest piece of research comes from the incentives company, Parago. They found that the majority of shoppers begin their decisions about what to buy on the web. It means that if you are not using your website as central to selling, you are missing out – big time. Only for groceries, building supplies and pet supplies do people choose a retail store as the first port of call – though second on the list is either Google or Amazon for those shoppers.

But look deeper into the figures. They show that your products and services need to be found on Google – but that you also need to be on Amazon and have your own retail website too, if you are to pick up the most shoppers. Indeed, even for subscription services, people prefer to look for you on Amazon than in social media.

The study also found that the time taken to buy something is now down to 2.25 days. That suggests that if you don’t follow-up website visitors immediately, then you are losing out on sales because the decision to buy will have already been made if you wait more than a day or two to contact people.

In other words, to sell these days you have to be fast and you must have the web as central to your sales process.

Graham Jones

Business owners heed lessons from online retail2023-12-01T12:39:04+00:00
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