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Found a gem
I always use this site since i discovered it. I have also recommended it to so many people including my financial advisor to tell other clients. It has helped me move money from dire interest accounts to some really great ones. Keep up the great work
I have always been a keen user of…
I have always been a keen user of Savings Champion services, but this time they have let me down "big time". My wife has followed the best buy tables for years and decided to take out an account with the bank (name withheld) paying the highest rate. She did not expect to have to jump through endless hoops to use the account in real life. It does make me question how a bank with ludicrous requirements for using the account gets "top billing" by Savings Champion. Perhaps a more thorough check should have been carried out by SC as I would believe 80% of the customers who use the "Best Buy" tables would not have a clue how to use this account and resent the day they made the application.
Beware the "non working days".
It should be mentioned that this useful site, unlike similar comparison sites, appears not to be updated at weekends and Bank Holidays (about 30% of the year), at a time when many offers open and are quickly withdrawn. On the weekend of 23/24 April 2022, the Kent Reliance 1 year 2.05% bond was widely listed on other comparison sites, but were absent from the Savings Champion listings, which remained exactly how they appeared on Friday afternoon, until 9.30am on Monday.
BEST SAVINGS ADVISOR NY FAR
Used Savings Champion for years, they are always on the ball with their advice and best savings rates. Better than all the rest.
Expert unbiased advice
Expert unbiased advice, in easy to understand language.
I cannot believe a "savings champion"…
I cannot believe a "savings champion" site is now recommending investing in equities or bonds for novices, I think perhaps you should rename to "bait for the city sharks". Yes savings are losing money, historically they always do, but at least you know the loss rate, unlike investments, (which should be label ed gambling for suckers), if your really concerned go and buy 1oz gold bullion coins, Britannias are VAT and capital gains tax free, and over time usually keep pace with inflation, keep them safe, (bury them, it worked for pirates), and tell no one, sit back relax.
Like Cigarettes There Should be Warnings
I normally find the newsletter interesting and informative, not to mention useful. However I was less than impressed with the 'flag-waving' in support of a Lasting Power of Attorney. The article was no more than an advert in disguise for a legal service company. Everything was painted as a wonderful document which gives peace of mind and allows you to retain control. This is absolute rubbish - you are handing over COMPLETE control of every aspect of your life. I accept in most cases the Power can only bring benefits - but not in every case. There are unscrupulous people and a Power in the wrong hands is a jackpot. The article contained no warnings - for example the holder can change your will at the stroke of a pen - in their favour. They have carte-blanche with your finances. I have even seem elderly people crying out for residential care being denied it in favour of a cheaper home care option - just to protect the inheritance. By all means promote what is a useful tool but point out the potential pitfalls. I am speaking from 40 years in financial services and trust me - the love of money is overwhelming for some. Ability to complain - never saw it work yet. Literally there are no controls or redress.
Poor advice on obtaining LPA. Use .gov direct
I’m a consistent user of Savings Champions and about to use The Private Office. However I was disappointed by their recent mailer on LPA and guidance to pay for a service. The .gov site applying for a LPA is as clear and easy to fill in as it gets. You will be submitting the same simple required information to the paid for service as is required by .gov. You will be paying the same fee for registration in both cases. The paid for service will just be forwarding on the information you provide and could have filled in on line. It somehow makes me question the independence of S C and is making me a little apprehensive about The Private Office now. I don’t understand why they felt the need to confuse the ease of application
Great newsletter
Great newsletter, full of useful information to help you make financial decisions.
Find this useful and Free.
Find this useful and Free. As with most things don't rely solely on this. Consider at least Two other sources. Common sense really.