To mark the birth of The Duke and Duchess of Cambridge's baby boy, George Alexander Louis, Virgin Money is giving away Virgin Young Saver Accounts loaded with £25, and WWF Animal Adoption kits, to the first 1,000 Georges aged under 16 who open an account in-Store.
Whilst children will be looking to the education system from September to teach them how to run their finances, the over 50s have prudent parents to thank for their savings habits as a quarter of people have adopted parent's and family member's saving strategies, according to research by Saga Savings.
NS&I has announced that it was reducing the annual Premium Bond prize fund rate by 0.20% to 1.30%1 from 1 August 2013.
Summer savings are being raided to pay for holidays and weekend breaks, with the average amount withdrawn from savings accounts standing at more than double the average amount deposited.
In the UK, we are seeing the emergence of a new generation of ‘secret savers' as the average UK couple now keeps 63% of their savings and investments in sole accounts, according to the latest findings from the Lloyds TSB Family Savings Report.
Skipton Building Society is launching a pioneering new long term bond offering customers the certainty of an excellent return for seven years.
RBS and NatWest are simplifying their adult instant access savings product range by reducing the number of accounts available to just two - making choosing the right savings account simpler than ever before.
Half of all Britons (50%) are concerned that they would be unable to maintain their standard of living if they were to lose their main source of income according to Bright Grey's annual Financial Safety Net report.
Skipton Building Society has launched an attractive new range of Branch Bonds, E-Bonds and Fixed Rate ISAs, offering savers up to 2.50%.
Yorkshire Building Society has welcomed signs that parents are getting their children into the savings habit.
Virgin Money has launched a new range of fixed rate cash ISAs, a range of fixed rate bonds and a choice of easy access ISAs.
Skipton Building Society has launched a new Fixed Rate Bond range, with rates paying up to 2.25%. The Society has also launched a range of branch and online Fixed Rate ISAs, paying up to 2.20%.
A quarter of over-75s (25%) - and more than a fifth of over-55s in total (21%) - have given a cash loan to family members instead of leaving an inheritance, according to Aviva's latest Real Retirement Report.
With an average savings balance in rural areas of £9,435, urban savers across all regions of England and Wales have fewer savings than their country neighbours.
Just under a third of Britain's adults (31%) do not know how they will finance their needs in later life, including such eventualities as long-term illness, nursing home or care fees and care of others including partners, parents and siblings, according to NS&I's latest Quarterly Savings Survey.
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