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Savings News

Santander launches latest range of structured products

Santander has launched their latest range of Structured Products for customers looking for a capital return at maturity as well as a minimum return if held for the full term.

Britons suffer savings cushion shortage

According to new data from NS&I's Savings Survey, 13% of the population have no savings. The findings highlight that some people are struggling to save money this spring.

Nationwide revamps savings range

Nationwide Building Society is launching a number of new accounts to its savings portfolio and making changes to a number of its existing savings products.

Alliance Trust Savings launches summer offers

Alliance Trust Savings has announced a range of market leading summer offers for both new and existing customers.

Savings rates at highest level in over a year

Despite the continued record low in Bank of England base rate, research from moneysupermarket.com has revealed the top savings accounts are paying the highest rates for over 12 months but savers need to be quick to take advantage, as we have already seen some of the top rate deals being withdrawn.

UK pension savers set to gift £795 million to the taxman

Higher rate tax payers in their employer's occupational pension schemes could be missing out on as much as £795 million this year by failing to top up pension funds with additional tax relief added, according to research from unbiased.co.uk.

Longer term fixed rate investors face savings precipice

New HSBC analysis reveals that longer term fixed rate investors in the UK are facing a savings precipice this year when they come to reinvest as rates for long term products continue to languish.

A new branch manager for savings

Yorkshire Building Society is responding to customer demand by launching a new branch-based savings account - with a best buy variable rate.

Northern Rock adds helpful savings video guide to its website

Northern Rock has added another helpful video guide to its interactive savings website to help consumers with their savings choices.

Saving some of your ISA allowance could net enough for a deposit

Research from Fair Investment Company has revealed that by saving £525 a month into a stocks and shares ISA a 25-year-old could build up savings of more than £35,000 by the time they are 30.

Comparing savings with confused.com is easier than ever

The comparison site has launched a new online service - confused.com/savings to help savers compare interest rates, find the most competitive ISAs and understand some of the jargon often found in financial documents.

Residents in Richmond Upon Thames are biggest savers

Just a short stroll from the famous Richmond Park lives some of the nation's biggest savers, according to latest research from the Halifax savings; which identifies UK's postal areas with the largest savings balances.

Families struggle as savings rise, but so do debts

Families are struggling to save while keeping ahead of inflation and on top of unsecured debt, according to research from the latest Aviva Family Finances Report.

Post Office marks 150 years of savings

This year the Post Office is celebrating 150 years of helping the country to save. To mark this occasion it has revealed new research which gives an insight into the UK's saving habits a century and a half later.

Good things come to those who wait

A poll by long term savings and investments specialist Standard Life has found that one in eight of us adopt a ‘live for the moment' culture and would choose the instant gratification of a £640 holiday this year, rather than be willing to wait five years for a holiday worth £5,000 instead.