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ISAs
More Brits to shun ISA allowance
The full impact of the financial crisis on consumer savings was revealed today (23 February) when new research confirmed 13 per cent more people will forego their ISA allowance compared to last year.
LV= launches new ISA fund options
Mutual insurance and investment group LV= has launched three new ISA options, offering savers an alternative home for their savings following the record interest rate cuts over the last five months.
Lloyds TSB launches new fixed rate cash ISA
Lloyds TSB has launched a new Fixed Rate Cash ISA, offering savers the opportunity to earn a competitive tax free rate up to 3.20 per cent.
4.3 million savers plan to ditch cash ISA accounts
As the ISA season hits the UK, new research from uSwitch.com reveals that 4.3 million consumers are planning to withdraw their cash ISA savings.
NatWest announce new ISA deals
NatWest are helping savers make more from their money with the introduction of 3 new ways to save with an ISA.
RBS launches attractive new Cash ISA
RBS today launches the Cash ISA Plus account, a competitive instant access cash ISA, designed to help customers who are new to ISAs make the most of their money.
Newcastle bucks trend to reveal net growth in cash ISA balances
Newcastle Building Society is bucking the trend of reports that show building societies had a net withdrawal of £212 million from Cash ISAs in December 2008. The Newcastle has announced its cash ISA balances had increased not only in December, but by 42% over the last 12 months.
M&S Advantage Cash ISA rate is number one in the market
M&S Money is holding the interest rate on its recently launched Advantage Cash ISA option, following yesterday's reduction of 0.50% in Bank of England base rate.
Leeds ISA pays 4.00% above Bank Base
Leeds Building Society's 5-Year Escalator ISA pays up to 5%, which is 4% above Bank Base Rate (BBR) following today's announcement by the Bank of England to reduce BBR to a nominal 1%.
Leeds launches Tracker ISA Plus
Leeds Building Society has launched a 1-year tracker ISA that is guaranteed to pay Bank Base Rate (BBR) plus 0.75%. The new ISA also allows access to up to 25% of the initial amount invested at any time, without notice or penalty.
NS&I makes changes to its ISA range
NS&I has announced changes to its ISA savings products. From Monday 6 April 2009 NS&I's Cash ISA will no longer be available for new customers. In addition, the facility to deposit into an NS&I Cash ISA at Post Office branches or by bank giro credit is also being withdrawn.
Yorkshire Building Society launches new monthly reward ISA
Yorkshire Building Society is launching an addition to its ISA range with the introduction of its Monthly Reward ISA. The new tax-free savings account pays interest each month when no withdrawals are made, giving customers an instant reward for maintaining their savings balance.
ISA inertia costs Brits over £263m in unnecessary tax payments
With a few months left to make full use of this year's ISA allowance, research by Unbiased.co.uk shows that Britons are wasting over £263 million in tax by not putting their savings and investments into a tax-efficient savings account.
Leeds ISA pays 3.50% above Bank Base
Leeds Building Society's 5-Year Escalator ISA pays up to 5% and with market commentators predicting another Bank Base Rate cut of at least 0.50% next week, this tax free product could become even more attractive.
M&S launches new Cash ISA options
M&S Money is launching a new Cash ISA option, called Advantage Cash ISA, with a competitive variable rate of 3.10% AER/tax-free, on Thursday 22nd January 2009. The rate includes a 1% bonus until 21st April 2010.