Deposit Savings vs. Long-Term Savings: Understanding the Benefits

Deposit Savings Benefits:

  • Deposit saving rates are currently very low and may not keep up with rising inflation rates over a term of 5 years or more.
  • Funds are secure and usually offer a fixed interest rate if invested for a fixed period.
  • Suitable for short-term savings where access is required in the foreseeable future.
  • No additional charges apply apart from standard bank fees.

Long-Term Savings Plan Benefits:

  • Aims to deliver a return in excess of deposit rates by investing in alternative assets such as equities and bonds relative to the client’s risk exposure.
  • Value of funds can fluctuate, and there is no guarantee on the capital invested.
  • Suitable for those with savings goals to achieve over the long term of 5 years or more.
  • Potential to grow the savings invested over the long term.
  • Plan management charges and sometimes additional fund management charges apply to savings plans.

Suitable Situations for Deposit Savings:

  • Investors who are risk-averse and have short-term goals.
  • Vulnerable clients who prefer security and stability.
  • Suitable Situations for Long-Term Savings:
  • Individuals with long-term savings goals such as children’s education, house deposits, or home renovations.
  • Those willing to take some investment risk for potentially higher returns.

Ezfees Financial – Mortgage & Life Broker Options

At Ezfees Financial, we prioritize helping you achieve your financial goals. Whether it’s deposit savings or long-term savings, our dedicated advisors provide easy-to-understand financial advice tailored to your unique needs and goals. Contact us today at 0818 910800 or email your query to for guidance, advice, and peace of mind.

Business Owner Consultation

Your business is your baby, so it deserves protection. Our team of experts will guide you through informed decisions to provide tailored policies. Shield your business against unexpected setbacks and ensure stability, whether you’re a startup or an established corporation. We’ll create a financial plan that will guide the balance of your personal finances and your long-term business goals.

What’s in this for you? Discuss your business finances in confidence with trustworthy advisors to:
1) Create a money management plan to suit your business
2) Align your business and personal objectives
3) Get clarity and validation on your strategies from dedicated Financial Advisors committed to safeguarding your business finances
4) Be advised when you need to speak to Tax Advisors where relevant
5) Obtain guidance onto Owner/Director on Pension planning and legislation
6) Referral to a Life/Business Coach where relevant

Plan for your business’s long-term financial goals:
1. Share your goals with us
2. Create a plan!
3. Gather and submit your information
4. Safeguard your business and your future

Investment Consultation

With low deposit rates and high inflation rates, savings and investment plans are appealing right now. We understand what it’s like to make sacrifices to accelerate your savings goals so you can achieve your dreams. That’s why we provide expert guidance so you can take charge of your future without sacrificing your valuable time.

What’s in this for you? Why you should consider savings and investment plans?
1) The potential for higher returns
2) Flexibility in the amount you save
3) Short, medium and long term options to suit your goals, amounts and terms to save
4) Investment options appropriate to suit your needs and goals

How you can save to secure your dreams:
1. Share your goals with us
2. Create a plan!
3. Gather and submit your information
4. Make your Dreams a reality

Mortgage Consultation

Whether you are a first-time buyer, mover, switcher or looking to invest in a rental property, we have a mortgage solution to fit your unique situation. Over 60 and looking to release equity in your home to support your children, go on that dream holiday or pay off bills? We find the mortgage most suitable for you and your family’s needs and support you through the entire process. You’re guaranteed to find the best mortgage option for your financial needs and goals, with impartial advice and competitive rates.

Clear, simple, actionable advice for all your mortgage needs:
1) First time buyers
2) First Home Scheme/ Local Affordable Authority Scheme
3) Switchers
4) Home Movers
5) Investment Property
6) Self Employed
7) Contract Workers
9) Lifetime Loan (over 60’s equity release)

How you can get started:
1. Share your journey with us
2. Create a plan!
3. Gather and submit your information
4. Make your Dreams a reality

Financial Planning Consultation

Secure your future and that of your loved ones beyond homeownership with life assurance, income protection and pension advice. Whatever your stage of life or money situation, our team of experts will help you make informed decisions to safeguard your financial future.

What’s in this for you? Planning your future, helps make your dreams a reality:
1) Start by creating a money management plan
2) Work with our dedicated Financial Advisors committed to safeguarding your future
3) Helping you get the guidance you need to achieve your long-term financial goals

Safeguard your financial future today:
1. Share your goals with us
2. Create a plan!
3. Gather and submit your information
4. Safeguard your Financial Future