Savings News
Cute name, but it’s the rate that counts
Abbey’s warns parents who are selecting children’s savings accounts to focus on the quality of the account, and not to be swayed by children-friendly gimmicks or cute names.
Don’t rush to pay off your mortgage
Homeowners overpaying their mortgages are missing opportunities to turn their debts into profit centres, says EveryInvestor.
Budding Beckhams and musical Myleenes pull on parents’ purse strings
With children heading back to the classroom, parents may be in for a shock when it comes to the not so obvious costs involved in schooling.
Brits raid savings as cost of living rises
Brits are raiding their savings accounts in order to compensate for overspending on other accounts, according to the latest findings from Birmingham Midshires’ Saving Britain campaign.
A rose-tinted future?
Many people in the UK may have a rose-tinted view of their financial futures, according to research by AEGON. The survey has identified a ‘reality gap’ between what people are expecting in their retirement and what they are actually saving for.
Brits saving less
As the Post Office marks its 145th year as a home for the nation’s savings; research into today’s savings behaviour compared to yesteryear reveals that we’re saving less than our counterparts did last century.
Life begins at 55
Financial freedom begins in the mid-fifties according to Birmingham Midshires’ latest Life 2 report.
N&P increases rates on bonds and ISA
Norwich and Peterborough Building Society (N& P) has increased rates on some of its fixed rate bonds and mini cash ISA, including a “best buy” 6 month bond rate of 6.35%.
Bald men do it better...saving that is
Surprising new research from Abbey Savings finds that balding British males aged over 50 are more likely to be saving up enough money for their retirement than their follicly fertile friends.
NS&I signs partnership deal with WHSmith
NS&I (National Savings and Investments) has teamed up with leading UK retailer WHSmith to market Premium Bonds and Inflation-Beating Savings in 400 of its High Street stores.
NS&I strongest ever annual sales
NS&I, the government-backed savings and investments provider, today announces its results for the year to 31 March 2007, which include its strongest ever annual sales.
Do you know how big your debt mountain is?
Over two million British consumers (6%) cannot quantify how much debt they’re in, according to research carried out by Unbiased.co.uk, the website promoting the benefits of independent financial advice.
Brits want to be lottery layabouts
Just five percent of us love our current job enough to turn up for work on Monday if we won the lottery over the weekend, according to latest research from Abbey Savings.
Brits living on the edge
Almost one in four Brits (23%) have no savings set aside for a rainy day – and parents with young children are those most likely to be living on the edge – according to new research from Combined Insurance.
TISA supports policy to increase savings
TISA welcomes the announcement by the Conservative Party that they will take action to encourage greater savings. TISA has worked closely with all political parties to develop a holistic savings policy.