{"version":"1.0","type":"rich","provider_name":"Acast","provider_url":"https://acast.com","height":250,"width":700,"html":"<iframe src=\"https://embed.acast.com/$/63d6635d45284700118ac9cf/66cf5a6d798a02eed44f01fd?\" frameBorder=\"0\" width=\"700\" height=\"250\"></iframe>","title":"Client cash and platforms: what every paraplanner needs to know","thumbnail_width":200,"thumbnail_height":200,"thumbnail_url":"https://open-images.acast.com/shows/63d6635d45284700118ac9cf/1725353917042-0b94d79d-a49e-4a07-bed9-906aff9d7702.jpeg?height=200","description":"<p>Ever wondered how platform’s manage your client's cash?</p><p><br></p><p>In this bite-sized Assembly, Transact’s Glen Sweet reveals all.</p><p><br></p><p>You'll learn how a platform like Transact calculates the aggregate interest earned across a client’s daily trading and longer-term deposit accounts. And also that, because of differences in charging from platform to platform, it’s important to take a closer look at whether and how charges affect interest returned to clients.</p><p><br></p><p>If you’re interested in fixed-term deposits on platforms, Glen covers that too.</p><p><br></p><p>And let's not forget about HMRC. Glen explains how different wrappers handle cash interest – from tax-free ISAs to the more complex general investment accounts (GIA).</p><p><br></p><p>And finally, did you know there’s a trend among some businesses in the UK – at least at the time of publication in September 2024 – to move corporate cash on to platforms? Tune in to find out why.</p>","author_name":"Paraplanners' Assembly"}