Savings

Which children's savings account is top of the class?

Children starting school now could have a collective £10.7 billion by the end of their schooldays if their parents start saving just £50 a month for them.

As many as 5 million Brits risk future financial failure

An overwhelming majority of Britons share a serious concern for their long-term financial prospects, according to the Institute of Financial Planning (IFP).

UK employees miss out on tax breaks by ignoring share schemes

UK employees will miss out on a staggering £184 million of tax breaks this year, by failing to utilise the most tax-efficient employee share schemes, reveals Unbiased.co.uk, the website promoting the benefits of independent financial advice.

Skipton launches new fixed bonds

Skipton Building Society is launching new issues of its Pick ‘N' Fix bond, paying a rate of 6.05% gross pa with a monthly income option at 5.85% gross pa.

Consumers admit they are saving less than they need to

Nationwide Building Society reveals that only 31% of consumers thought saving was very important in August continuing the downward trend seen since April.

Abbey rewards loyalty with launch of fixed rate reward saver

Abbey Savings is launching a new innovative savings account, Fixed Rate Reward Saver, designed for savers looking for the security of a fixed-rate product without the restriction on access.

Cheshire raises rates on three Fixed Rate Savings Bonds

Cheshire Building Society has increased rates on three of its Fixed Rate Bonds, offering savers even better competitive rates for their money.

Zurich launches latest Guaranteed Capital Account

The Zurich Guaranteed Account 20 offers intermediaries and their clients' access to potential stock market returns whilst protecting their clients' original capital investment.

Teenagers saving to avoid student debt

Many youngsters are saving towards higher education from the age of 11 because they have seen older family members flounder under the burden of university debts, according to research from leading Child Trust Fund provider, The Children’s Mutual.

Flight to safety as IFAs turn to cash and bonds

Stock market volatility is prompting a flight to short-term safety as IFAs advise clients to invest in cash and bonds to avoid the recent massive swings in the FTSE-100, according to the Virgin Money Investor Intentions Index.

Abbey International launches limited offer fixed rate contracts

Abbey International has launched a range of limited offer fixed rate contracts currently paying up to 6.75% AER, to complement its variable interest rate range of offshore deposit and Base Rate tracker accounts.

moneysupermarket.com: A&L's eSaver hitting 6.56 per cent

Commenting on A&L's eSaver hitting 6.56 per cent, Kevin Mountford, head of savings at moneysupermarket.com, said: "Consumers continue to live under the spectre of inflation and, while things haven't got much worse recently, neither have they improved, so the economy isn't getting the boost it needs.