Savings News
Make your financial well being your number one New Year resolution
With the New Year already here and people trying to stick to their New Year’s resolutions, Fidelity Worldwide Investment is urging the nation to take control of their savings.
A quarter of Brits haven't switched and saved in the last 12 months
New research by Gocompare.com has revealed that although 65 per cent of consumers are anticipating 2012 to be a very difficult year financially, over 12 million of them haven't switched any of the 20 most common financial products including car insurance, home insurance, energy provider, credit card or mortgage lender in the last year.
Most Brits fail to save for Christmas
According to a new survey by The Co-operative Bank, only 42% of Brits saved for Christmas this year.
How to make the most of your savings in 2012
The combined effects of low interest rates and high inflation are having a significant impact on the nation's savings, with the vast majority of savers losing money in real terms.
InvestorBee offers an insight into investing
InvestorBee has launched as a solution for consumers who face an infinite number of choices when it comes to saving and investing. They might be trying to save for their first home, children’s education, or retirement, but how do they choose from the endless possible combinations of saving and investment products on offer and how do they know whether they’ve made the right choice?
Northern Rock and Virgin Money savers reassured on compensation limits
Following the Chancellor's announcement that Northern Rock is being sold to Virgin Money, the Financial Services Compensation Scheme is issuing guidance to those savers who currently have money with both institutions.
Average rate for two year fixed rate deposit accounts up 0.23%
The average rate for a two year fixed rate deposit account (with a minimum deposit of £10,000) has increased from 3.16% in January 2011 to 3.37% at the end of October 2011, according to research commissioned by Close Brothers Savings.
Brits hide £4.6bn from their partners in secret savings stashes
Fifteen per cent of Britons over the age of 40 and living with their partner choose to keep some or all of their savings hidden from their spouse or partner, according to the latest research from Prudential which examines couples' attitudes to financial planning.
Brits most financially flush at 48
It seems our forties really are fabulous as new research from MORE TH>N Home Insurance reveals Brits are worth the most at 48, when the value of our possessions peaks at £52,587.
Savers reap rewards by setting specific goals
British savers who set themselves goals are likely to save 44% (£42.50) more each month than those without such a savings objective, according to new data released from NS&I's Savings Survey.
Take a diet cola break and save for Christmas
With 9% of people saying they'd spend over £500 on Christmas gifts for their immediate family first direct have identified an easy way to save enough in time and have plenty left over for the work Christmas party.
Brits have more gold than they do cash savings
With gold prices hitting record highs, the homes of Britain may start to drift into becoming under-insured Aladdin's Caves with new research out today revealing that over a third of Brits (38 per cent) see buying gold as a better investment than putting cash into savings.
Principality to offer savings products through Governor Money
Governor Money, the online cash savings platform has teamed up with Principality Building Society. The deal means that Governor Money account holders will be able to access cash savings deals offered by this leading building society through Governor Money.
Number of savers and size of monthly deposits increase
Britons' appetite for saving has increased considerably over the last 12 months, as savers deposit 12 per cent more money each month than they did this time last year, according to figures from Santander Savings' Snap Shot barometer.
Banks keep savers in the dark when it comes to the use of savings
Only three per cent of savers in the UK feel their bank does enough to explain what happens to their savings once they are deposited, according to research from leading ethical bank Triodos.