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Savings

Yorkshire Building Society wins Best Youth Account Award

Yorkshire Building Society has won the Best Youth Account Award for its Freedom Account in the Moneywise Children's Savings Awards.

Government-backed bank debt a new class of bonds

Despite billions of pounds of new government-backed bank bonds entering fixed income markets, Ian Spreadbury, portfolio manager of Fidelity International's Sterling Bond Fund, says he still backs corporate bonds to provide long-term investors with better value.

Newcastle Building Society launches 100% Access Postal Bond

Newcastle Building Society today announced the immediate replacement of its 100% Access Postal Bond (Issue 2) with the new 100% Access Postal Bond (Issue 3).

Banks welcome gateway to greater savings

Britain's banks have pledged their support for the Government's Savings Gateway Accounts Bill, which starts its progress through Parliament today.

Saga hits £3bn savings deposits mark

Saga has announced that customers have now deposited over £3bn across all of its savings products, and that it has seen more than 50 per cent growth in deposits since the start of the year.

Act now to secure Abbey's first home saver account

Abbey this week encouraged all first time buyers looking to maximise their cash to take advantage of its limited edition First Home Saver (Special Issue 1). The account offers a highly competitive 6.50 per cent AER, a market leading product in a falling base rate environment.

'FREDs' frantic about credit crunch and fears of recession

Six months after the LV= ‘State of Retirement' report first identified the rise of ‘Fred' - people approaching retirement who are Facing Retirement Earnings Doubts - new research shows that seven out of ten (69%) pre-retired people are now more concerned than ever about their financial security.

Savings plummet as Britons pay off debt mountain

The credit crunch is finally hitting home and worried consumers are taking drastic actions to reduce their debt mountain, according to figures from Unbiased.co.uk.

Leeds launches fixed rate bonds with access

Leeds Building Society has launched new fixed rate bonds that combine a competitive return of up to 4.50% gross p.a./AER, with access to 25% of the balance without notice or penalty at any time.

Newcastle Building Society launches fixed rate Postal Bond

Newcastle Building Society has announced the launch of its new 100% Access Postal Bond with a fixed rate of 5.00% Gross/AER on a low minimum investment of £1,000.

Alliance & Leicester launches new fixed rate savings bonds

Alliance & Leicester Savings has launched two new Fixed Rate Bonds with competitive interest rates - a Fixed Rate Bond maturing 1 June 2009, and a 3 Year Fixed Rate Bond with interest rates of 4.05% and 3.75% fixed AER respectively.

M&S Money launches new issue of fixed rate savings

M&S Money is offering a new issue of Fixed Rate Savings with effect from 27th November 2008, with guaranteed interest rates over 1, 2 and 3 years up to 3.25% AER/gross.

Alliance & Leicester launches new RewardSaver account

Alliance & Leicester Savings is launching a new, branch-based account, RewardSaver, on 3 December, which is designed to offer a competitive return for lump sum savers.

Savers put their trust in Nationwide

Nationwide Building Society welcomes the research findings released from moneysupermarket.com which show that the Society came out top of a consumer survey about where people would save £50,000 for one year.

Nationwide is the nation's safe haven

One in seven people would trust Nationwide as the safest haven for their money if they were given £50,000 to invest for at least a year, according to a national poll commissioned by moneysupermarket.com. Abbey came in one percentage point behind on 13 per cent.