Savings News

Consumer savings levels drop

As green shoots of an economic recovery emerge research from Unbiased.co.uk, the professional advice website, reveals that consumer savings levels have fallen once again in Q3 2009.

Mortgage lending in November holds up

While mortgage lending continued to hold-up in November unsecured loans to consumers dropped further while personal deposits increased by less than in recent months, according to the British Bankers Association (BBA).

Barclays Wealth launches new lock-in investment

Barclays Wealth has launched a new investment offering a potential return of 60% after six years with the opportunity to lock-in gains for given rises in the FTSE 100.

IFAs most trusted source of advice for retirement planning

Consumer research findings revealed within Defaqto's Retirement Savings & Income Report 2009 confirm that financial advisers are the most trusted source of advice on retirement planning.

The year that was 2009

2009 has been a rollercoaster of a year, with numerous ups and downs and twists and turns.

Top savings deals withdrawn

2009 appears to be ending in a similar fashion to 2008 for savers, with many top deals being withdrawn or having rates reduced.

Leeds online easy access account paying 3.05%

Leeds Building Society has re-launched its easy access online account paying a market leading variable rate of 3.05%. Furthermore, the online account also allows unlimited withdrawals at any time, without notice or penalty.

Fixed rate savings best buys vanishing fast

Andrew Hagger of Moneynet.co.uk looks at the latest developments in the fixed rate savings market.

moneysupermarket.com celebrates ten years of saving Brits money

Ten years ago today (8 December, 1999) marked a significant turning point for consumer choice and empowerment with the launch of moneysupermarket.com.

Avoid pension pitfalls - Top tips on planning for retirement

As low interest rates and market volatility force consumers to face the reality of their financial position, retirement planning remains a primary concern for many.

Britons fail to prioritise savings

Despite the financial shock of the last 18 months, data for the last five years shows that in general Britons have not made savings any more of a priority, according to NS&I's Savings Survey.

Darling must not dodge opportunity to help pensions savers

The Government can help millions of people saving for retirement by ensuring more of the borrowing it needs to balance its books also meets the long-term needs of pension schemes, the National Association of Pension Funds (NAPF) has told the Chancellor of the Exchequer ahead of next week's Pre-Budget Report.