With central banks continue to keep interest rates low to stimulate the economy and falling yields, interest rates on cash deposits are on a downward trend. Roboadvisors offering cash management solutions as an alternative are not adverse to rate changes that are determined by the markets. StashAway announced in an email that their StashAway Simple will have its projected rate decrease from 1.4% to 1.2% from 1 March 2021. At the same time, Endowus is also reducing the projected yields on its cash management solutions Cash Smart Core and Cash Smart Enhanced. For Cash Smart Core, the new rate is now 0.8% to 0.9% while the new rate for Cash Smart Enhanced is now 1.2% to 1.4%. A good news is that Endowus claims that these are just projected yields, which are estimated in a conservative manner. In fact, they demonstrated that their cash management funds have performed better than...