Cater Allen launches deposit account

Cater Allen launched the account in response to the significant "flight to cash" which has been seen since the credit crunch started last summer. Sally Watts, head of marketing, said: "Cater Allen recognises the integral role of advisers in providing high quality financial advice to wealthy and discerning customers. That is why we are one of very few private client banks that is genuinely focused and resourced towards working with advisers and their clients. "We've launched this account in response to the shortage of high quality cash accounts geared towards the intermediary market, ...