Hello, I'm Clare Francis, Savings and Investment Director at Smart Investor. You'll have recently heard from us about changes to your Smart Investor Investment account and the creation of a new investment saver. I'm here to explain how you can set up the automatic daily cash transfer from your investment account to your investment saver. Please read the information we've sent you which is also available on our website to find out more about the Ring Fenced transfer scheme.
Your investment saver is where you can earn interest on any cash you haven't invested yet. You can move cash from your investment account to your investment saver whenever you like. But to save you from having to do that manually we're offering an automated service to maximise the interest you can earn, which we need your permission to activate. You can give your permission either by logging into your Smart Investor account and simply clicking agree on the pop-up or by returning the consent form we've sent you in the post. And that's it. We'll then move the cash into your investment saver and it will start earning interest right away. The online pop-up will be live for a limited time. After that, you can still switch on the automated service in your account preferences. Otherwise, you'll need to move your cash manually in order to earn interest.
If you'd like to find out more, we have lots of information about these changes on our website. I hope that you found that helpful and thanks for watching.