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Investments

Chelsea launches Postal Fixed Rate Cash ISA

Chelsea, the UK's sixth largest building society, has launched a new Chelsea Postal Fixed Rate Cash ISA. The account complements Chelsea's existing ISA offering. Chelsea already offers two other ISAs: Postal 30 Cash ISA and Chelsea Branch Instant Cash ISA.

Trading activity on London Stock Exchange up on last three months

£156.9 billion (€168.5 billion) worth of equity trading was carried out across the equity order books of the London Stock Exchange Group during March.

Be an ISA early bird to maximise your tax-free returns

While the end of the tax year often sees people rushing to sort out their financial affairs, savers are being urged to start the new tax year as they mean to go on and get the most from their tax-free savings by snapping up a great cash ISA rate now.

Morningstar: European and Asian fund performance for Q1 2009

Morningstar, Inc. has released its quarterly review of fund performance for funds domiciled in Europe and Asia. All performance averages are based on Morningstar Europe and Asia fund categories and are quoted in pounds sterling unless otherwise stated.

Innovative ISA schemes offer ‘extra' tax-free help to savers

People in the East Midlands are being offered the opportunity to double their ISA savings power - and earn nearly £200 annually in extra interest.

General public cutting back on holiday spending

The Easter holidays are fast approaching and a recent poll by the Association of Investment Companies (AIC) has found that 42% of the general public and nearly a third (31%) of active investors plan to cut back on holiday spending this year due to the difficult economic environment.

Santander’s UK savings brands issue new Fixed Rate Bonds

Abbey, Alliance & Leicester and Bradford & Bingley have launched their latest range of fixed-term savings bonds for customers looking for a guaranteed return.

ABI proposes new fund sector to help consumers

The ABI is proposing to introduce a new fund sector to help consumers easily find the right money market fund for them to invest in.

Investor warns companies against paying back-door hand outs

The Co-operative Asset Management today (6 April) sent a warning to companies not to pay their executives discretionary awards through the ‘back-door' if performance targets have been missed due to the recession.

Invesco offers 2% discount on ISA investments and ISA transfers

Invesco Perpetual will continue its current 2 per cent discount on the 5% initial sales charge for all new ISA investments and ISA transfers. This includes ISA monthly savings and phased investment options.

ISAs celebrate tenth birthday

The 6 April 2009 sees not only the start of a new tax year, but also the tenth anniversary of the Individual Savings Account (ISA), the Government's tax-efficient scheme designed to encourage people to save.

ISA savers offered a tasty morsel

Commenting on the upcoming regular saver ISA from Principality Building Society, Kevin Mountford, head of banking at independent comparison site moneysupermarket.com, said: "The battle for savers in the new financial year has started early with the launch of the Principality regular saver ISA fixed at five per cent for the next tax year.

Left ISA investment to the last minute? Apply online

As the ISA deadline approaches this Sunday, Fairinvestment.co.uk is reminding investors that they can still invest online until late on Sunday April 5 for many ISA products.

BlackRock launches BlackRock European Absolute Alpha Fund

Using a similar investment model to BlackRock's highly successful UK Absolute Alpha Fund, European Absolute Alpha aims to deliver positive returns across all market conditions by investing in equities and equityrelated securities (including derivatives) across Europe.

Principality launches 5% regular saver ISA

Principality Building Society has kicked off the new ISA season with a regular saver ISA paying a market-leading 5.00% AER tax free, fixed until 5 April 2010.