Savings
Skipton’s new bond guarantees a great rate
A new index-linked investment hits the high street today, as Skipton Building Society launches its Guaranteed Double Asset Bond.
Kaupthing Edge's launch on the UK market
Commenting on Kaupthing Edge's spectacular launch on the UK market, Kevin Mountford, head of savings at price comparison site moneysupermarket.com, said: "Since ING's UK launch in 2003, the savings landscape has changed considerably with overseas providers playing an important role in shaping best buy tables.
Abbey increases rate on eSaver direct account
Abbey Savings increases its eSaver Direct account rate to a leading 6.50 per cent gross –including a bonus of 0.50 per cent for 12 months from the date of opening. After 12 months the rate reverts to 6.00 per cent.
Family finance in credit crunch Britain
‘Credit Crunch’, ‘Debt Crisis’ and ‘Interest Rate Hikes’ were phrases dominating the financial news in 2007. Whilst the majority of headlines concentrated on the impact on individuals and markets, Engage Mutual reflects on how family relationships have weathered the financial storm.
At last, good news for savers
Only five days after the bad news that Barclays had reduced its savings rates again, today we will see the launch of a great new instant access savings account from West Bromwich BS.
A&L offers fixed rate savings account combined with portfolio bond
Alliance & Leicester has launched a new great rate of 8.00% per annum gross (5.15% AER) on their one year Fixed Rate Savings Account, available when investing in the Balanced Savings & Investment Plan.
Abbey issues new six month eBond and branch bond
Abbey Savings has announced the launch of two new six-month bonds paying up to 6.60 per cent gross (6.71 per cent AER) for customers looking for a guaranteed return on an amount of money they can lock away for six months.
Have saver will travel
Yorkshire Building Society has announced a new tiered Bank of England (BoE) tracker savings account aimed specifically at the over 50’s savings market – the Advantage 50+ Saver.
Zurich launches latest Guaranteed Account
Zurich has launched the latest in its series of popular Guaranteed Capital Accounts. Available now, the Zurich Guaranteed Account 17 is designed to offer intermediaries and their clients’ access to potential stock market returns whilst safeguarding their clients’ original investment.
Brits increase savings
The British have increased their savings 39 fold in real terms since the early 60s and 31% since 2000, despite talk of soaring consumer debt, according to NS&I's (National Savings and Investments) Century of Saving report.
The Nottingham launches new postal account
New savings account offering a market-leading interest rate of 6.40%, has been launched by The Nottingham, one of the UK’s leading regional building societies.
N&P launches family savings range
On Friday 1st February Norwich and Peterborough Building Society (N&P) is launching a brand new range of savings accounts for families with dependent children - offering some of the best ‘no strings attached’ rates in the market.
Yet more bad news for savers
Today sees news that selected Barclays savings rates will be hit for the third time in as many months. Savings Builder and Day to Day Savings face a 0.24% reduction on 1 February.
Fixed rate savings best buys – blink and you’ll miss them
As fixed rate savings continue to fall, Rachel Thrussell head of savings at moneyfacts.co.uk looks at what this sector of the savings market still has to offer.
Capital Gains Tax & Employee Share Ownership
Changes to Capital Gains Tax (CGT), confirmed by the Treasury, could negatively affect over 270,000 Save As You Earn (SAYE) employee shareholders – 16% of the 1.7 million employees participating in SAYE schemes – according to ifs ProShare, the not-for-profit organisation that supports employee share ownership in the UK.