What is the cash account facility?
Our ISA, Junior ISA (JISA), Collective Investment Account (CIA) and Collective Retirement account (CRA) have their own cash facility.
The facility helps make it easier to keep track of any outgoing and incoming payments under each product, and enables you to hold cash alongside your investments.
Features of the cash facility:
- Use it to pay for charges, fees and income instead of selling other investments you hold
- Receive dividends and distributions
- Option to phase your investments into the market over a period that suits you
- Earn interest on the cash you hold
*If your clients invest in our Collective Investment Bond, cash will be used in some instances to fund adviser fees or Old Mutual Wealth’s charges. Cash cannot be selected as an investment within this product and no interest is paid on cash held within the bond.