Savings
New guaranteed equity bond from NS&I
NS&I (National Savings and Investments) is to launch a new issue of its Guaranteed Equity Bond on 21 May 2008. This will offer a gross return that matches any FTSE 100 Index growth, up to a maximum return of 75%, over the five-year term of the Bond, without any risk to investors' capital.
NS&I interest rate increases
NS&I (National Savings and Investments) will be increasing the interest rates on its fixed rate investments by up to 0.50% per annum on 21 May 2008.
Chelsea launches new fixed rate savings bonds
Chelsea Building Society has launched two new Spring Fixed Rate Bonds with effect from Wednesday 21 May 2008.
Savers can make hay while banks roast
One year ago, interest rates on savings accounts were closely clustered around the Bank of England (BoE) base rate.
Yorkshire offers new two year fixed rate savings bond
On Monday 19th May Yorkshire Building Society is launching a new two year fixed rate savings bond paying a market leading rate of 6.50% gross per annum (5.20% net) with a monthly interest option available for those who rely on their savings for income.
Coventry increases rate on 50 Plus eSave account
Coventry Building Society is increasing the rate on its 50 Plus eSave account with effect from Friday 16 May.
Leeds Building Society launches fixed rate bond up to 7%
Leeds Building Society has launched a 2-year fixed rate postal bond paying a rising return of 7.00% in year 2.
TISA welcomes Savings Gateway Bill
TISA welcomes the Prime Minister's announcement that a Savings Gateway Bill will be introduced in the Queens Speech.
Global desire for ‘personal' rather than ‘cash' legacy
PRE (40-60 years) AND POST (60-69 years) RETIREMENT GENERATIONS across the world would prefer to leave their perspective on life rather than money or property to their heirs, according to a new global survey published by HSBC Insurance.
Egg introduces a limited savings offer
Egg, the online bank, is offering a fixed 12-month introductory rate of 6.05% gross pa/AER on its Egg Savings Account (Internet). The introductory rate is available for new money for both new and existing customers.
NS&I battles Brits' money muddles with new information website
The British are struggling with planning their finances, especially when it comes to understanding the terminology, according to a new survey conducted by NS&I.
Leeds launch 5-year fixed rate escalator bond
Leeds Building Society has launched a 5-year fixed rate Escalator Bond paying an escalating return up to 6.50% in year 5.
Abbey issues new fixed rate bonds
Abbey Savings will launch on 14 May its latest tranche of fixed-term savings accounts for customers looking for a guaranteed return on an amount of money they can lock away for a set time.
Leeds launch unlimited access fixed rate postal bond
Leeds Building Society has launched a Fixed Rate Postal Bond paying 6.25% AER (6.17% gross p.a.) Furthermore, customers can have access to all of their funds at any time without notice or penalty.
Savings with even more spring
Chelsea Building Society has launched two new Spring Fixed Rate Bonds on Saturday 10 May 2008. The current 1 year Spring Fixed Rate Bond and 2 year Spring Fixed Rate Bond was withdrawn at close of business on Friday 9 May 2008.