Pensioners flight to Flexible Freedom

Leeds Building Society has seen an increase in the number of pensioners opening its Flexible Freedom account, which provides a highly competitive return combined with flexibility and the peace of mind associated with unlimited withdrawals at any time, without notice or penalty.

Kim Rebecchi, Director of Sales & Marketing said, "Last month saw the biggest ever increase in the number of new Flexible Freedom accounts and balances since the account was launched in 2005. There is no doubt that an extremely good rate of 2.25% on this branch based account together with full instant access is proving more and more popular.

"The account is available to people aged 50 years and above, and only requires one pension credit to be paid in on a regular basis, either weekly or monthly. Interest can also be paid monthly if that best suits the customer's needs."

Kim added "Clearly, this straightforward instant access account, that is highly competitive and can be operated in branch or by post, is attracting new customers looking for value and flexibility."

For more information, visit leedsbuildingsociety.co.uk