Fixed Term savings favour the fast

This year, The Bank of England (BoE) reduced the interest rates twice and reported an ambition to continue this trend. Before banks follow suit, savers can make the most out of their cash by locking in optimal Fixed Term rates. However, there’s a degree of confusion surround Fixed Term savings, with concerns over accessibility perhaps deterring clients. Advisers can add value to their clients by explaining the different types of savings accounts and maximising profitability. Read the full article for a look at inflationary trends, future rate cuts and the opportunity of Fixed Term savings....