Savings News
Darling must safeguard UK banking system now
David Kuo, Head of Personal Finance at money website Fool.co.uk, says: "The Irish government has done the right thing to stand behind its financial institutions. Under the terms of the guarantee, savers and bond holders will be fully protected.
Standard Life launches campaign to return unclaimed shares and cash
This week Standard Life will launch its biggest ever campaign to track down around 200,000 people across the globe who are entitled to a slice of over £184 million in unclaimed shares and cash.
Darling must reassure savers
David Kuo, Head of Personal Finance at money website Fool.co.uk, says: "It is encouraging that the UK government has learnt from past mistakes. Its timely intervention at Bradford & Bingley has averted another potentially embarrassing run on a British bank.
Abbey scoops Moneyfacts "Best Structured Provider" award
Abbey has again been named "Best Structured Product Provider" at the 2008 Moneyfacts Investment Life and Pensions Awards, held in London on 26 September 2008.
Retirement confidence hits new low
With the impact of the credit crunch biting into nearly all areas of day-to-day life, it seems the latest victim to feel the crunch is Britain's confidence about being able to provide for a comfortable retirement.
Parents feeling the pinch
British parents are going into debt and making significant personal sacrifices because they don't want their children to miss out, according to the latest NS&I (National Savings and Investments) Quarterly Savings Survey.
Savings market hots up
Commenting on significant savings developments from RBS, A&L and Anglo Irish Bank, Kevin Mountford, head of banking at moneysupermarket.com, said: "They say every cloud has a silver lining and out of the chaos of last week comes excellent news for savers.
15 years for first time buyers to save a 15% mortgage deposit
As lending criteria's tighten and first time buyers struggle to get their foot on the property ladder, Fairinvestment.co.uk research has found that it could take as long as 15 years for a first time buyer to save a deposit of 15 per cent.
Zurich launches Green Guaranteed Account 2
Available for immediate investment, Zurich Green Guaranteed Account 2 (GGA2) offers intermediaries and their clients a Guaranteed Account linked to the green business sector.
TISA calls for a national savings strategy
TISA (Tax Incentivised Savings Association), the premier trade association in the UK retail savings and investments industry, is calling on Government to help create a national savings strategy to integrate saving throughout consumers' lives.
When it comes to savings trust is key
As Britons tighten their purse strings to cope with rising costs of living, money left over for savings is precious and new research by Chelsea, the UK's fifth largest building society, shows that savers will only place their money with a provider they can trust.
Royal Bank launches a range of new savings accounts
Following a remarkable interest in RBS savings accounts, the bank has announced a range of new deals.
NatWest launches range of new savings accounts
Savers looking for market leading savings rates will be spoilt for choice with NatWest's new savings deals including a Cash ISA paying up to 7.32% AER, the launch of a new two-year fixed-rate bond paying 6.60% APR as well as enticing rates on the very popular e-savings account offering a bonus rate for 12 months.
NS&I interest rate reductions
NS&I (National Savings and Investments) will be decreasing the interest rates on some of its fixed rate investments by up to 0.75% per annum on 17 September 2008.
Outstanding 8.05% return for Inflation Buster savers
Investors in Leeds Building Society's second issue of its Inflation Buster Bond will be celebrating an annual return of 8.05% later this month on the first anniversary of their innovative savings account that is guaranteed to beat inflation.