Insignis

We launched our multi-bank Cash ISA this year, so naturally everyone’s been asking what we make of the future cut to cash ISA allowances…    Well, I don’t necessarily see it as a setback. It feels more like a moment to step back and reassess what your cash is (or isn’t) doing for you right now.     If you’ve built up cash ISAs over the years across multiple banks, now is the time to review them.     So many legacy accounts still sit on uncompetitive rates simply because they’ve been left untouched. These often had attractive first year rates that fell off a cliff after that period.    Consolidating these holdings into a single, easy to manage wrapper can unlock better rates, strengthen FSCS protection, and give you far greater control over your cash.     Our adviser partners are already helping clients assess their ISA positions and make confident, informed decisions in light of the changes.    There’s no one-size-fits-all strategy. But taking stock of your legacy ISAs and making sure the savings you already have in ISAs is a good place to start! 

On the 1st of December savers will be protected by up to £120,000 should their bank, building society or credit union fail.     At Insignis, we support clients in diversifying funds across multiple savings accounts to help optimise their FSCS coverage (where eligible).     Find out what Insignis chairman Giles Hutson had to say about the update.     You can also find out more about the changes here: https://lnkd.in/eHbpVNFg

We’re proud to share that Insignis has been named Most Improved Cash Investment Provider at the FT Adviser awards, rated 5 stars as a provider and awarded a 5-star service award!     This recognition reflects our ongoing commitment to supporting our partner advisers in helping their clients manage their cash savings more effectively using products offered by our panel of 50+ banks and building societies. This year has marked some exciting milestones, including the launch of our multi-bank cash ISA offering, designed to give clients even more choice when growing their savings within tax-free limits. To our clients, advisers, and partners: thank you for being part of the Insignis journey. Your trust continues to inspire everything we do. Go team Insignis! 

Find out why more schools are turning to Insignis for treasury management.     Hear Kathryn Pillar the bursar at Twyford share the three biggest benefits of the platform in less than a minute.     If you want to find out more about how Insignis can help your school, speak to Mario Paparelli to learn more. 

From December 1st, The Financial Services Compensation Scheme deposit limit will rise to £120,000. This increase - up from £85,000 – reflects inflation and offers even greater security and flexibility for savers, businesses, and charities. However, greater protection doesn’t mean less need for diversification. For those who hold more than £120,000 in cash (and £240,000 for joint accounts), spreading funds across multiple institutions to maximise protection and access is as important as ever. The good news? It doesn’t have to be complicated. Insignis makes diversification simple. Our platform helps you to seamlessly allocate cash across a range of protected fixed-term and easy-access accounts. Read the full announcement here: https://lnkd.in/eHbpVNFg Want to talk about what this means for you or your clients? Get in touch with your account manager.

Good news this week with reports that the government has reversed its plans to change pension lump sums.  The transition from accumulation to decumulation is already complex, and policy uncertainty around pension allowances only adds risk. This clarity should also help deter snap withdrawals from pension pots. Whether withdrawn or not in response to recent and rumoured policy changes, now is the time to think strategically about how, where and why your cash is held. With interest rates above 4% and inflation around 3%, cash, when used intelligently, provides flexibility, cushions against shocks and preserves choice across life stages. The lesson from snap withdrawals is simple: cash should be handled with intention.  Well-managed cash is a stabilising force in long-term wealth planning. If you would like to know more about the rollback I recommend this article from Mattie Brignal   https://lnkd.in/eFaJPNW3 

Why are savers in the UK holding cash?     Alongside our research partners The Private Office (TPO) we interviewed 4,350+ savers and 100 financial advisers to find out. The answers may surprise you!     Download the full report to learn more about attitudes to cash in 2025 by copying this link into your browser: https://lnkd.in/eVPjWCmw

With September’s inflation at 3.8 per cent, nearly double the Bank of England’s two per cent target, holding the base rate at 4 per cent comes as little surprise. The close vote shows the Monetary Policy Committee is divided, and further easing could still arrive before year-end. Now is a critical time for businesses, charities and individual savers to review how their cash is working for them. Locking into competitive fixed-term rates can help preserve the real value of cash and protect against inflation’s impact on savings. With UK interest rates still relatively high by global standards, cash remains an attractive asset class - one that offers genuine opportunities to strengthen financial resilience and maximise returns. 

Having £740,000 in the bank doesn’t sound like a problem — until you need it to earn interest and stay easily accessible. That’s exactly what happened to Paula in Gloucester’s mum when she downsized and needed £400,000 on hand for her next purchase. As Anna Bowes at The Private Office (TPO) explains in her latest piece for The Times, many savers with a sudden windfall face the same dilemma: how to make their cash work harder without putting it at risk. With the FSCS protecting up to £85,000 per person, per institution, spreading funds across multiple accounts can quickly get complicated.  That’s where Insignis comes in. Our platform lets you open, manage, and switch between multiple savings accounts securely — all through a single login. Reassurance and control, during life’s more complex financial moments. Read the full article here: https://lnkd.in/eGPnS2WS