Receive the Savings Guru's updates straight to your inbox

The Savings Guru Podcast

Bringing savers all the latest savings news, key developments in the market and speaking to the leading figures in the savings world.

  1. Show Notes


    In the twelfth episode of the Savings Guru Podcast, James talks to Tom Higham, Head of Business Development at Hargreaves Lansdown, about HL’s history, their plans for the future, and why people should choose active savings platforms.


    00:00 Why Hargreaves Lansdown got into cash savings

    02:48 Tom’s background

    06:20 Why people should choose active savings

    08:57 How big is Hargreaves Lansdown?

    10:37 Why do savings platforms still account for such a small part of the market?

    15:30 Will others follow Octopus out of the market?

    18:17 What are HL’s plans for the next few years?

    20:42 How do new entrants impact on savings marketplaces?

    22:30 What changes will we see in the market in the coming years?

    26:30 What would Tom do if he were Chancellor of the Exchequer for a day?



    To find out more about Hargreaves Lansdown Active Savings, go to https://www.hl.co.uk/investment-services/active-savings


    Connect with The Savings Guru





    See acast.com/privacy for privacy and opt-out information.

  2. Show Notes


    In the eleventh episode of the Savings Guru Podcast, James talks to Julia McColl, Commercial Director of Chetwood Financial, about Chetwood’s history, their plans for the future, and how to increase the number of women leading savings businesses.


    00:00 Julia’s background

    02:27 Why Chetwood decided to become a bank

    04:37 What was the rationale for Chetwood’s dual branding?

    06:51 How have the first two years been for Chetwood?

    13:04 What impact have new entries into the market had on Chetwood?

    18:00 Chetwood’s plans for the future

    24:00 What changes will we see in the market in the coming years?

    28:00 Why are savings marketplaces slow to take off?

    34:49 How will COVID affect savers’ behaviour?

    40:00 What can be done to increase the number of women leading savings businesses?

    49:09 What would Julia do if she were Chancellor of the Exchequer for a day?



    To find out more about Chetwood Financial, go to https://chetwood.co/


    Connect with The Savings Guru





    See acast.com/privacy for privacy and opt-out information.

  3. In the tenth episode of the Savings Guru Podcast, James talks to Tim Coates, Chief Customer Officer and Co-founder of Oxbury Bank, about Oxbury’s history, their plans for the future, and using savings to mitigate climate change.


    00:00 The origins of Oxbury Bank

    03:57 Tim’s background as a farmer and a regulator

    09:30 The early feedback from Oxbury’s customers

    12:25 Oxbury’s plans to expand their savings accounts

    14:02 Oxbury’s other plans for the future, including the Oxbury Forest Saver

    22:08 Is there room in the market for more new banks?

    22:59 Will the growth in new banks continue?

    26:04 What changes will we see in the market in the coming years?

    32:09 What would Tim do if he were Chancellor of the Exchequer for a day?



    To find out more about Oxbury Bank, go to https://www.oxbury.com/


    Connect with The Savings Guru





    See acast.com/privacy for privacy and opt-out information.

  4. Show Notes


    In the ninth episode of the Savings Guru Podcast, James talks to George Nixon, financial journalist with This is Money, about the upcoming budget.


    00:00 George’s background

    01:35 Will the budget introduce COVID recovery bonds?

    06:50 Will Premium Bonds feature in the budget?

    10:55 Will the early cashing penalty on Lifetime ISAs be extended?

    14:52 Will ISA allowances be raised?

    20:15 Is now the right time to try to ‘fix’ the ISA system?

    28:04 What other changes can we expect for savers?

    31:03 What would George do if he were Chancellor of the Exchequer for a day?



    To read some of George’s writing go to https://www.thisismoney.co.uk/debate/columnist-1262290/George-Nixon-This-Is-Money.html


    Connect with The Savings Guru




    See acast.com/privacy for privacy and opt-out information.

  5. Show Notes


    In the eighth episode of the Savings Guru Podcast, James talks to Steven Marks, the Business Development Director at Newcastle Strategic Solutions, about NSS’s history, their plans for the future, and the impact of COVID on customer digitization.


    00:00 The origins of NSS

    04:52 The importance of white labelling the service

    07:36 Why would a bank choose to use NSS?

    10:55 NSS’s plans to move into the SME savings market

    13:59 NSS’s other plans for the future

    19:08 The impact of COVID on customer digitization

    22:59 Will the growth in new banks continue?

    27:35 What would Steven do if he were Chancellor of the Exchequer for a day?

    30:14 What changes will we see in the market in the coming years?


    To find out more about NSS, go to https://www.newcastlesolutions.co.uk/


    Connect with The Savings Guru




    See acast.com/privacy for privacy and opt-out information.

  6. Show Notes


    In the seventh episode of the Savings Guru Podcast, James talks to Commercial Director at Aldermore, about Aldermore’s history, the effect of COVID on the savings market, and the imminent changes to NS&I’s rates.


    00:00 The origins of Aldermore

    04:28 How big can Aldermore grow?

    07:26 The importance of acting on customer feedback

    10:13 Why Aldermore outsourced the operational management of personal savings

    16:07 Aldermore’s plans for the future

    22:06 What challenges do new entrants into the savings market pose?

    25:50 What changes are likely in the market over the next few years?

    30:50 What impact will the cuts to the NS&I rate have?

    35:01 What would Ewan do if he were Chancellor of the Exchequer for a day? 


    To find out more about Aldermore, go to https://www.aldermore.co.uk/


    Connect with The Savings Guru

    • Email ---- hello@thesavings.guru
    • Website ---- http://thesavings.guru
    • Twitter ---- https://twitter.com/savingsguruuk
    • Facebook ---- https://www.facebook.com/SavingsGuruUK/
    • LinkedIn ---- https://www.linkedin.com/company/the-savings-guru-ltd/


    See acast.com/privacy for privacy and opt-out information.

  7. Show Notes


    In the sixth episode of the Savings Guru Podcast, James talks to Keith Barber, Director of Business Development at the Family Building Society, about Family’s lead products, the challenges of working remotely and the strategies needed when you don’t have a branch network.


    00:00 The origins of the Family Building Society

    03:25 Some stats on the size of the Society.

    06:01 The thinking behind the Windfall Bond

    11:20 How the Market Tracker Saver works

    16:26 Is appearing in Best Buy tables a strategy for Family?

    18:30 What challenges do new entrants into the savings market pose?

    21:39 What new products or innovations are Family working on?

    23:19 The challenges of remote working.

    25:05 What would Keith do if he were Chancellor of the Exchequer for a day?

    30:04 What changes are likely in the market over the next few years?


    To find out more about the Family Building Society, go to https://familybuildingsociety.co.uk/


    Connect with The Savings Guru

    * Email ---- hello@thesavings.guru








    See acast.com/privacy for privacy and opt-out information.

  8. Show Notes


    In the fifth episode of the Savings Guru Podcast, James talks to Cem Eyi, Co-Founder of KidStart and the Beanstalk app, about the children’s savings market; cash funds versus savings accounts; and the younger generation’s approach to saving or investing.


    00:30 Cem’s background and the origins of Beanstalk

    01:12 Why focus on children’s savings and how Beanstalk works?

    03:04 Why is there no requirement for regular deposits?

    04:09 Cash funds versus a cash savings account

    05:55 How has COVID impacted Beanstalk’s launch?

    08:39 How do older relatives cope with the app?

    12:30 Will more child-focused savings apps enter the market?

    14:22 Will banks get involved in this area?

    15:22 What are the future plans for Beanstalk?

    16:18 The choice between investing and cash savings.

    18:43 What would Cem do if he were Chancellor of the Exchequer for a day?

    23:04 What changes are likely in the market over the next few years?


    To find out more about Beanstalk, go to http://www.beanstalkapp.co.uk


    Connect with The Savings Guru








    See acast.com/privacy for privacy and opt-out information.

  9. Show Notes


    In the fourth episode of the Savings Guru Podcast, James talks to Colin Field, CEO of Saffron Building Society, about the impacts of Covid-19 on the mutual sector, the importance of children’s savings accounts, and why Saffron are launching an enviro-saver option.


    00:30 The history of the Saffron Building Society

    01:12 How important is the local relationship right now?

    02:10 The increasing need for digitsation during the Covid-19 crisis.

    06:10 Why Saffron has a full-time staff member looking after vulnerable customers.

    07:40 Why are savers still important to Saffron?

    10:55 The importance of children’s savings accounts.

    12:30 What prompted Saffron to launch an enviro-saver account?

    15:30 What other plans does Saffron have for savings?

    17:25 How has Covid-19 affected operations within Saffron branches?

    22:45 What would Colin do if he were Chancellor of the Exchequer for a day?

    26:20 What changes are likely in the market over the next few years?


    To find out more about Saffron Building Society, go to https://www.saffronbs.co.uk/


    Connect with The Savings Guru



    See acast.com/privacy for privacy and opt-out information.

  10. Show Notes


    In the third episode of the Savings Guru Podcast, James talks to Marklew Rice, Head of Product Management at Al Rayan Bank about Sharia banking, interest rates vs expected profit rates, and attracting non-Muslim customers.


    00:40 How Al Rayan Bank got started in the UK.

    02:00 The difference between interest and expected profit rates.

    05:30 Why Al Rayan launched an easy access product.

    07:25 Why Al Rayan chose to have branches as well as online banks.

    09:40 Is attracting non-Muslim customers a challenge?

    13:25 What would Mark do if he were Chancellor of the Exchequer for a day?

    18:20 What changes are likely in the market?


    To find out more about Al Rayan Bank, go to https://www.alrayanbank.co.uk/


    Connect with The Savings Guru

    * Email ---- hello@thesavings.guru

    Website ---- http://thesavings.guru

    Twitter ---- https://twitter.com/savingsguruuk

    Facebook ---- https://www.facebook.com/SavingsGuruUK/

    LinkedIn ---- https://www.linkedin.com/company/the-savings-guru-ltd/




    See acast.com/privacy for privacy and opt-out information.

About The Savings Guru

We help savers get the best deal for their money by providing unique insight in to the savings market.  We help prospective banks apply for a banking licence and we help build customer services, products and marketing for them.  We also work with existing banks and building societies to improve their savings propositions.  This  insider view of savings means we are uniquely placed to help savers.

Find out moreMeet the Team

Ask the Guru a Question

Your Name

Please let us know your name.
Your Email

Please let us know your email address.
Question

Please let us know your message.


Invalid Input