Member Article

Taking the Stress Out of Cash Savings

Friday is April 1st and April is stress awareness month.

61% of adults in the UK state that money is the factor that causes the most stress. That isn’t just stress about where money is coming from, it is stress about where cash is safe, the return it is getting, and how to manage it.

Cascade Cash Management is an independent and transparent service created to make savings simple. And here, Dr Ryan Dias, Cascade’s Client Relationship Manager, talks through how fintech is fast becoming an industry with a purpose, amongst others, to help reduce stress. He said:

“Recently, Cascade have made our service and our advice more accessible. We have reduced our minimum deposit and are working on new products to help even more people access the best savings solutions.

“We also hold regular Full Flow and Rapid Networking events, designed to give our audience reassuring insights from a panel of guest experts, looking into a range of topics where money can cause emotional stress including divorce, leadership, business exits, inheritance and much more.

“The unique online Cascade platform generates enhanced cash returns and most attractively, includes every single bank and building society providing clients with the maximum protection they can obtain on deposits under the Financial Services Compensation Scheme through spreading cash across multiple banking licences via professional cash management. This means that customers don’t have to worry about FSC limits of protection as with our system, every single penny is safe.

“The service has over 5,500 savings accounts on offer from Instant Access to 5 years and currently offers the best savings rates within the cash management space. The team of nine is passionate about savings and delivering the best possible outcomes administering funds on behalf of clients providing direct and independent access to providers to the tune of over £1bn so far.

“In a nutshell, Cascade Cash Management is on a mission to make savings simple, helping people to reach their savings goals faster, smarter and happier on all levels. Be it for a house, a holiday, or setting up a business, we are focused on taking the stress out of it all and providing the best customer service possible.

“We also reduce stress for IFA’s, solicitors, attorneys, accountants and other professionals, as we partner with them so they can have a better relationship with their clients, offering cash solutions as well as investments and pensions. These partners can self-brand the product for presentation to their own clients.

“We offer access to the best rates on daily basis and send regular bulletins to customers and partners, so no-one ever has to worry if their money is in good hands. In an uncertain time, when there is a certain hesitancy around the economy, Cascade is being recognised as the safe port.

“Finally, we are wholly invested in our team’s wellbeing. As well as a monthly wellbeing newsletter with healthy eating, exercise and mental health advice, the team engage in peer group activities and training to ensure they feel valued, take part in healthy activity fundraising activities and have a mentor each to talk to in times of stress.”

Stress Awareness Month runs every April and is co-ordinated by the Stress Management Society. Its purpose is to help people understand what stress, how it is caused and how it affects us. The focus is on raising awareness and supporting the reduction of stress through guides, insights, workshops and encouraging people to admit and talk about it before it becomes a major health issue.

This was posted in Bdaily's Members' News section by Anna Toms .