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Investments

Five years, five million savers

What a difference five years make - back in 2005 interest rates were on the rise and the UK savings ratio was headed for its lowest point in nearly half a century - fast forward to 2010 and the trends have reversed with one savings scheme in particular leading the march and engaging the UK population; the Child Trust Fund (CTF).

Child Trust Funds essential to give young adults head start

HM Revenue & Customs (HMRC) quarterly statistics released today reveal a rise in the number of Child Trust Fund (CTF) accounts opened by parents within a year of receiving a CTF voucher.

European equities extend losses after data disappoints

Nick Serff, Market Analyst, City Index commented: "Weaker than expected results from JP Morgan and softer Michigan Confidence data pulled global equity's lower on Friday afternoon.

Parents persist in saving

New figures out from HM Revenue and Customs (HMRC) show that nearly three quarters of all Child Trust Funds (CTFs) are proactively opened within a year of a child's birth.

Leeds Fixed Rate ISAs paying up to seven times Base Rate

Leeds Building Society has launched Fixed Rate ISAs paying up to seven times the current Bank of England Base Rate, complimenting the Society's market leading 5 Year Fixed Rate ISA.

Leeds fixed rate savings bonds paying up to 4.50%

Leeds BS launches fixed rate bonds, available over 2, 3 and 5 years, guarantee to pay a competitive return of up to 4.50%. These products combine a good rate of return with the peace of mind associated with access of up to 10% of the initial capital invested, without notice or penalty, at any time.

European markets gain after Intel numbers - JP Morgan eyed

Joshua Raymond, Market Strategist at City Index commented: "Investors continued to buy into equities on Friday after Intel announced consensus beating numbers. However, much or the news had been somewhat priced in after yesterdays gains and investors have quickly refocused their attention towards JP Morgan's results due out at noon.

Retail investors look for bonuses in the banking sector

Angus Rigby, Chief Executive Officer, TD Waterhouse comments: "It seems our customers have started the new year in a buying mood as the volume of trading in our weekly top ten trades is 48% higher than last week, with buys 24% ahead of sells.

Cheeseman adds Monument Bond Fund

F&C's Multi Manager Team have established a new position in the Monument Bond Fund in their F&C Multi Manager Distribution and F&C Multi Manager Cautious portfolios.

F&C links up with iChild to provide age-tailored financial tips

F&C has linked up with specialist parenting website ichild.co.uk to become its Children's Savings Partner.

Post-Xmas results show retail sector avoided “Armageddon”

Despite the recessionary environment, 2009 saw most areas within retail enjoy like for like sales down just a few percentage points over the year.

Nationwide fixed rate bond paying up to 4.70 per cent

Nationwide Building Society announces rate increases for a number of its Fixed Rate Bonds and e-Bonds, which all offer guaranteed interest rates for savers.

Newcastle Balance Builder ISA offers 3.40 per cent

Newcastle Building Society has launched its new Balance Builder ISA offering a return of up to 3.40% AER including a conditional bonus over 12 months to encourage regular ISA contributions in the New Year as savers look to invest ahead of the new tax deadline.

Leeds 5 Year Fixed Rate ISA paying 4.60%

Leeds Building Society has launched a market leading 5 Year Fixed Rate ISA paying 4.60% tax-free. This high return is also combined with the flexibility of unlimited access to 25% of the amount invested at any time, without notice or penalty, and a minimum opening balance of only £1.

Family Investments and NCT to offer Child Trust Fund

In an extension of their financial offering, Family Investments, the UK's leading Child Trust Fund (CTF) provider, has teamed up with the NCT (National Childbirth Trust), to launch a new Child Trust Fund, the first one provided alongside a charity.