Savings

Post Office attracts £3 billion in savings

Post Office Financial Services has attracted over £3 billion in savings deposits and has won half a million car insurance customers, strengthening its position as one of the fastest growing financial services providers in the UK.

Aim high, save low

Far from retiring quietly, young people today expect to be able to afford the things they enjoy now when they retire with foreign holidays, satellite TV and gym membership as standard.

Rates announced for NS&I's new bonds

As previously announced on 14 January 2008, NS& I is to launch two new fixed rate Bonds on 23 February 2008.

Winterthur goes international

Winterthur announces its entry into the offshore market. Winterthur International, the new offshore Winterthur business, launches this week with the International Investment Bond provided by AXA Isle of Man.

Time running out for teenagers to consider savings issues and scoop £500 prize

“Saving for the future, one size fits all?” that’s the question being asked of teenagers across the UK by financial education charity, the ifs School of Finance, as part of their annual ifs Young Business Writer of the Year competition.

Post Office launches Christmas Club with ‘bonus’ for members

Customers joining the new Post Office Christmas Club will receive a booklet of special offers worth at least £100 to redeem in selected retail partners from November 2008.

TISA launches enhanced website with greater focus on consumers

Extending its web presence into the consumer space, today TISA launches its new website tisa.uk.com.

Bradford & Bingley launches competitive six-month fixed term bonds

Bradford & Bingley has launched a double act of high earning, limited edition, fixed term bonds, giving savers the opportunity to take advantage of highly competitive rates with the added security of a guaranteed fixed return on their savings.

More Brits stash the cash

At a time of tough economic conditions, the British public, perhaps wary of increasing bills, debt and a lack of emergency funds are saving rather than spending - as research revealed today shows the number of people putting money aside is greater than this time last year.

Tesco Savings offers up to 2,000 Clubcard points

New customers who open an account with Tesco Savings between February 7 and April 2 will receive up to 2,000 bonus Clubcard points. The points can be used to buy up to £20 worth of shopping or up to £80 to spend on Tesco Clubcard deals.

ISA simplification doesn’t go far enough for savers

Nine years on from the introduction of Individual Savings Accounts (ISAs) the Government has simplified them, with changes effective from 6 April this year.

Pessimistic Brits struggling to save the pennies

British savers' good intentions look like being thwarted, according to research conducted by NS&I (National Savings and Investments). Although Brits claim they want to save more, they are increasingly pessimistic about their ability to save, figures from the Quarterly Savings Survey suggest.