An independent cash platform
Flagstone is an independent cash savings platform. These can help clients achieve better returns on cash by offering easy access to a range of banks and cash accounts. They may also give clients higher overall FSCS protection by spreading cash across multiple banking institutions.
Flagstone offers clients the ability to place cash deposits from the best savings accounts from up to 50 selected banks, all online.
Your client will open an Flagstone holding account within their pension. You’ll be able to move cash from the client’s pension bank account to the Flagstone holding account, where you can then distribute the cash across the range of account options available, depending on your client’s needs. For example, your client may simply be looking to achieve the best interest rates available, or may require a mix of shorter and longer term accounts.
You only need to complete a single application with Flagstone- there is no need to complete paperwork for each bank. You can select where to place your client’s cash deposits from the best savings accounts from up to 50 selected banks, all online.
Flagstone is available to clients who are UK residents and have at least £250,000 to invest.
Contact us today to obtain an application form, which you will need to complete and return to Curtis Banks.
Suffolk Life SIPPs