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Maximising your cash savings: Why we recommend Flagstone to our clients
Amy Woolliscroft22nd October 2025
As Chartered Financial Planners for farmers, rural business owners and families, our advice often includes a range of financial solutions depending on the client’s position, immediate needs and long-term goals. For many of our clients, there is also a need to keep a significant amount of cash on deposit, however we don’t want that cash to sit idle.
Traditional bank accounts rarely deliver the yield, flexibility and peace of mind that our clients come to expect when working with Accession, and that is when we refer clients to Flagstone, a cash deposit service that has become a game-changer for savvy investors looking to maximise their savings while enjoying a variety of benefits.
A long-term retired farming client of Richard Jones, Director of Accession and Financial Adviser, said: “Thank you for introducing us to Flagstone. In addition to our own portfolio having done extremely well, in the year my late mother-in-law had a portfolio, it paid for almost two months of her care home fees, which was pretty good and gave some peace of mind to her family.”
We’ve outlined below some of the key benefits of Flagstone, and why at Accession it’s our go-to cash deposit recommendation.
Higher Interest Rates
One of the most significant advantages of using Flagstone's cash deposit service is the potential for higher interest rates compared to traditional savings accounts. Flagstone offers our clients access to a wide array of banks and financial institutions, with competitive interest rates - an attractive proposition in today’s low-interest environment.
Diversification of Deposits
Flagstone also allows clients to diversify their cash deposits across multiple banks, spreading risk with the potential for enhanced returns. By using Flagstone, clients can efficiently manage their liquidity while minimising exposure to any single institution’s financial health.
Enhanced Financial Control
A key benefit of using Flagstone is the level of control it offers individuals, something that we think is of huge mental benefit to those that may need to keep a large amount of cash liquid for unsettling reasons – care home fees or settling a legal complaint, for example.
Financial Services Compensation Scheme (FSCS)
It’s also important to consider that Flagstone gives FSCS protection on larger amounts of savings by spreading users’ cash across various banks and accounts, while still managing it all through one platform. The FSCS protects you should an institution fail and not be able to cover your financial claim, and covers eligible deposits up to £85,000 per person, per authorised bank. This is extended across all the banks available through Flagstone, thereby mitigating your exposure to risk.
Streamlined Management
We know that for our clients, the chance to digitally engage with their financial accounts is important. Flagstone’s intuitive platform simplifies the process of tracking and managing cash deposits so that instead of juggling multiple banking apps, clients can manage everything from a single portal, bringing peace of mind and saving time.
In conclusion
As financial planners we focus on you – your goals, your aspirations, your concerns, and your preferences. We look at the ‘bigger picture’ and deliver a holistic strategy along with a financial plan that puts you first.
Where there is a need to keep a large amount of cash on deposit, we recommend Flagstone because we believe that it provides a service that offers the potential for higher interest rates and diversified holdings, alongside the comfort of streamlined management and enhanced financial control. Far better than leaving cash sitting idle in a current account.
Accession is a firm of Chartered Financial Planners based in Oundle, Northamptonshire, specialising in financial advice for farmers, landowners and business owners. Directors, Emma Wilcock and Richard Jones have each worked in financial services for over 20 years alongside a dedicated and growing team including fellow Chartered Financial Planner, Joe Moricca MSc APFS, to support a range of clients with their financial planning.
Please note that the services provided by Flagstone are separate and distinct to those offered by St. James’s Place.
Interest rates will only be guaranteed once your deposit has cleared in a savings account.
The rates you see may vary, depending on your personal circumstances, market conditions, or the type of Flagstone account you open.
SJP Approved 21/10/2026