Savings News
Mum’s the word when it comes to money
Mums have the most positive influence on how we manage our money, reveals a new survey.
Zurich launches next in the series of Guaranteed Accounts
Zurich has launched the second in a series of Guaranteed Capital Accounts designed to give customers access to a structured product throughout 2007.
Parents look to ‘bank of son and daughter’ to finance old age
Many parents admit they have so little saved for their old age that they may have to rely on their children for financial support during retirement, new research has found.
Abbey International launches base rate tracker term account
Abbey International has launched a new issue of its Base Rate Tracker Term Account (Issue 6) as part of its range of deposit accounts offering consistent and competitive rates of interest.
NS&I to launch Guaranteed Equity Bond
National Savings and Investments (NS&I) is to launch its first Guaranteed Equity Bond for nearly a year on 14 March 2007, since its eleventh issue was launched in May 2006.
Boomerang generation bleeds parents dry
Grown up offspring are still relying on Mum and Dad for cash handouts well into their adulthood. Far from being totally independent, many adult children are holding out the begging bowl and asking, “Please Mum and Dad, can I have some more?”
Savings squeezed as Brits indulge in winter shopping spree
Winter shopping sprees have taken their toll on savings accounts, according to the latest findings from Birmingham Midshire’s Saving Britain study.
ISA buyers with overspill should consider new asset class
As this year’s ISA season warms up, Zopa reminds cash and equity ISA buyers of a great new home for their ‘overspill’ investment.
Alliance & Leicester Savings: Does size matter?
Hands up if you really notice the difference following that much sought-after pay rise? Or if you really make the most of your bonus?
Savings gender gap exposes cost of women’s savings habits
Women’s lack of savings cost them over £160 million in lost interest during 2006, according to new research from AXA.
Chelsea launches new range of Fixed Rate Options
Chelsea Building Society has launched a new range of Fixed Rate Options.
Standard Life Bank savings rate changes
Standard Life Bank will be making the following rate increases, to its variable personal and business savings products, with effect from 16 February 2007:
NatWest scores a hat trick of new savings deals!
NatWest is encouraging customers to start saving early in 2007 with three attractive offers to get saving. There are opportunities for both new and existing customers, as well as a focus on young savers.
More good news for savers
Nationwide set to launch new range of Bonds offering competitive rates and guaranteed returns for savers.
The generation gap shows, as concerns of the over 50s diverge
There is a growing division between the concerns of the older generations in the 50 plus population, according to new research from Abbey. Abbey surveyed the over 50s as part of its ‘Abbey Lifestyle Report - a new report that looks at leisure spending and working trends across the UK - and asked what they believed was currently the greatest threat to their quality of life.