Lowes Magazine Issue 130

INSIDE TRACK

How to become a Lowes client As this magazine goes out to Lowes clients, we are preaching to the converted. But we know there are very many people around the country who could and would benefit from speaking to a Lowes adviser about their personal finances. We live in an unpredictable world – the past four years have vividly proved that to us all – and having someone in your corner when it comes to long term investment, saving and building wealth for your retirement, as well as passing wealth to the next generation, can deliver invaluable peace of mind. Over the years we have heard questionable arguments against using a financial adviser. Often people think it is only for the super wealthy but as tax, legislation and market changes make our personal finances ever more

complex, getting the right advice is essential for anyone building their wealth. Cost is also raised as an issue, but a carefully, professionally planned investment, saving and tax plan can easily save the cost of advice over the years. And what value do you place on the peace of mind that your financial affairs are being properly looked after? Once introduced people find it’s easy to do business with us. No matter which way a client wants to access our services – face-to-face, phone, video call – we are here to make things as smooth as possible. If you know of friends or family who could benefit from our services, we would be grateful for an introduction. They can get in touch on 0191 281 8811 and we will arrange for an adviser to have a conversation with them.

Make your money work. Best bank & building society rates

Amount

Provider

Account

Gross Rate

Contact

£1,000 - £1 million

Easy access savings account Issue 70

Unrestricted instant access accounts

www.kentreliance.co.uk

Kent Reliance

4.96% 1

www.virginmoney.com

£1 - £250,000 Virgin Money Defined Access E-Saver 23 5.01% 2

Bonus/restricted accounts

£10,000 - £85,000 £1,000 - £250,000 £10,000 - £85,000

SmartSave

1 Year Fixed Rate Saver

5.17% www.smartsavebank.co.uk

DF Capital

2 Year Fixed Rate Deposit

5.07%

www.dfcapital.bank

Fixed rate bonds

SmartSave

3 Year Fixed Rate Saver

4.71% www.smartsavebank.co.uk

Notes: Not to be considered an endorsement for any institution or account. 1 Rate drops to 0.10% on balances under £1,000. 2 Maximum 3 withdrawals per annum, then rate drops to 2%.

Measures of inflation - The average change in prices of goods and services over a 12 month period to March 2024 Retail Prices Index (RPI) 4.3% Consumer Prices Index (CPI) 3.2% Sources: Providers’ websites, Office for National Statistics, www.thisismoney.co.uk, www.moneysupermarket.com, www.moneyfactscompare.co.uk 17/04/2024. All accounts subject to terms and conditions.

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If you would like to receive further information on any of the subjects featured in this issue please call: 0191 281 8811, fax: 0191 281 8365, e-mail: client@Lowes.co.uk, or write to us at: Freepost LOWES FINANCIAL MANAGEMENT. Lowes ® Financial Management Limited. Registered in England No: 1115681. Authorised and Regulated by the Financial Conduct Authority.

Lowes.co.uk

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