Savings
The gift of money
With cash being tighter than ever, many Britons are hoping their stockings will be filled with the gift of money instead of traditional Christmas presents this year.
Corporate bonds tipped to be a rewarding asset class
Corporate bonds are likely to be a rewarding asset class in 2009, according to wealth manager HFM Columbus.
Savers should fix before rates fall further
A poll of moneysupermarket.com users has shown that, far from spending any extra cash they may have as a result of falling mortgage costs, 62 per cent of people plan to save that money instead.
Skipton / Scarborough savers to get extra protection from FSCS
Savings customers, who hold joint membership of Skipton and Scarborough building societies at the date of the proposed merger, will benefit from new rules that offer them additional cover from the Financial Services Compensation Scheme (FSCS), it has been announced today.
Brits maintain savings
Almost half of the population (47%) have managed to continue to set money aside on a regular basis, a figure that has remained constant for the last three quarters according to the latest NS&I (National Savings and Investments) Quarterly Savings Survey.
A growing Sandwich Generation survives not thrives
Norwich Union, part of Aviva, predicts that an increasing number of people will have to provide care for parents and children as the UK's demographic continues to change.
moneysupermarket.com launches new savings channel
moneysupermarket.com has unveiled a new look savings channel, with improved tools and gadgets that will make searching for the best savings account even quicker and easier.
Interest rates may be low but your savings rates don't have to be
Following the announcement that the Bank of England base rate has been cut from 3% to 2%, Abbey this week encourages savers to think carefully to ensure they continue to get the best out of their savings.
Nationwide launches new e-savings plus product
Nationwide Building Society has announced the launch of a new online savings account, paying up to 3.75% gross p.a./AER.
Nationwide launches a new range of savings bonds
Nationwide has announced details of a new range of fixed rate Bonds, e-Bonds and fixed rate ISA bonds including a new four year Fixed Rate Bond paying up to 4.30% gross p.a. / AER.
Savers surf their way to financial decisions
The onset of the ‘credit crunch' has kept savings at the top of the agenda for Brits, almost one in three (29%) say they have cut back on their spending and are trying to save more - with the younger generation even more keen to save (36%).
Skipton launches new fixed rate savings bonds
Skipton Building Society has launched new issues of its Pick ‘N' Fix bond, paying rates of up to 3.75% gross pa with a monthly income options.
Brits at risk as £5.4 billion kept hidden in homes
Financial fear has led millions of Britons to keep £5.4 billion worth of cash stored up in their homes over the past twelve months rather than in the security of a bank or building society that pays interest on the money deposited.
As base rate falls savers' optimism increases
There has been a distinct shift in consumers' savings habits in November, according to research from Nationwide Building Society.
£1.7m needed to sustain average standard of living for life
The typical eighteen year old will need a staggering £1,745,739.82 in today's money in order to sustain an average standard of living until they die. That's the stark assessment of a new study commissioned by AXA.