It said Cash Savings will offer a range of competitive savings rates through an online account.
The platform will offer access to a range of bank and building society accounts and allow savers to view all their accounts in one place and easily switch between them.
There will be no upfront fees, but 0.1% interest will be retained on received rates.
John Porteous, managing director of Charles Stanley Direct, said: “The period of ultra-low interest rates lasting for much of the past decade offered little opportunity for savers to improve their position.
“But with the Bank of England base rate now above 5%, managing savings effectively can make a significant difference and maximising on interest received on savings products can really help meet people’s goals.”
He said many large banks have been slow to pass on rate rises to savers and haven't been doing so in full.
He said Charles Stanley Direct’s new Cash Savings platform will allow users to take advantage of some of the best rates on the market.
From Financial Planning Jobs. For more click on any job.
-
Performance Director - South West - £100k+bonus
Financial Planning Jobs Read more... -
Chartered Financial Planner - Staffs - £80k-£100k
Financial Planning Jobs Read more... -
Paraplanner - Cheshire - £35k-£50k
Financial Planning Jobs Read more...
This is a selection of jobs from our new Financial Planning Jobs site - for more job vacancies click on any job or the link below.
Financial Planning Jobs https://jobs.financialplanningtoday.co.uk/