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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 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








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  2. 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








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  3. 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



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  4. 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/




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  5. Show Notes


    In the second episode of the Savings Guru Podcast, James talks to Avinash Rajan, founder and CEO of Offspring about why Offspring is needed, how it works, and the challenges of setting it up.


    00:15 An introduction to Offspring

    01:42 Why has nobody done this before?

    05:35 How has the banking community reacted to Offspring?

    08:00 A few stats about Offspring savers.

    10:00 What kinds of accounts does Offspring work with?

    12:35 What was the biggest challenge in setting up Offspring?

    15:05 What would Avinash do if he were Chancellor of the Exchequer for a day?

    18:10 What changes does Avinash predict for the savings market?



    To find out more about Offspring, go to http://www.offspringsavings.com


    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/



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  6. Show Notes


    In the first episode of the brand new Savings Guru Podcast, James talks to Kevin Mountford, co-founder and CEO of Raisin UK about how the company got started, how they balance working with banks and consumers, and what changes Kevin predicts for the market.


    00:14 The origins of Raisin UK

    02:09 Why Raisin came to the UK

    06:06 How do Raisin manage working with both banks and consumers?

    08:20 Why aren’t more platforms offering this service?

    14:28 Kevin’s opinion on the FCA’s single easy access rate.

    18:17 What would Kevin do if he were Chancellor of the Exchequer for a day?

    21:09 What other services are Raisin UK planning on introducing?

    23:35 What changes are likely in the market?


    To find out more about Raisin UK, go to https://www.raisin.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/



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  7. James introduces himself and the podcast

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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.

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