Savings
Bradford & Bingley launches highly competitive six-month bond
Bradford & Bingley has launched a six-month bond with a highly competitive fixed rate of 6.40% p.a. gross (6.50% AER).
Brits don’t know how much they need to retire
Brits do not know how much they need to retire on, according to shocking new research from Abbey Savings. 53 per cent of UK adults do not know what they would need to save to enable them to do what they want in retirement.
6 per cent interest on Abbey’s under-18 accounts
From 17 December, Abbey has a great new offer on its 11-15 and 16-18 youth accounts, paying 6 per cent interest on balances up to £500. All 11-15 year olds need to do is credit the account each month with at least one payment of any amount.
Principality increases rate on e-SAVER
Wales’ largest building society, Principality, is pleased to announce an increase to the rate paid on its flagship e-SAVER account.
Credit crunch Britain sacrifices spending to keep loved ones happy
People struggling to make ends meet are preparing to forgo luxuries and work longer hours in order to provide for their loved ones, according to new research from Engage Mutual.
Dramatic drop in investor confidence
The most recent wave of research from Standard Life has shown a significant fall in confidence in the savings and investment market.
Leeds Options Bond pays up to 10%
Leeds Building Society has launched the ideal product for customers wishing to benefit from the growth potential of the stock market combined with a guaranteed interest rate.
Cahoot raises interest rates on savings accounts
Following recent changes in the Internet savings market, cahoot has decided to increase the rates on the cahoot savings account.
Blink and you may have missed it
Rachel Thrussell, Head of Savings at Moneyfacts.co.uk, comments: “Just 14 days after its launch, Coventry BS has announced the withdrawal from sale of its market leading Online Saver account.
Pensions are second best for retirement savings
A basic rate taxpayer accrues benefits in a personal pension plan 8% greater than using an ISA, according to recent research by Hargreaves Lansdown. HL argues that this makes pensions better value. The facts show that most people don’t agree.
Abbey launches new savings bonds
Abbey Savings launches 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.
NS&I interest rate reductions
NS&I (National Savings and Investments) will be decreasing the interest rates on a range of its fixed rate savings offers by up to 0.65% per annum on 28 November 2007.
Legal & General 102% allocation offer on With Profits Bonds
Legal & General is pleased to offer an additional 2% allocation of units for all investments into their With Profits Growth and Income Bonds before the end of the year.
Savers put holidays above other financial commitments
The majority of people have a short-term attitude to saving, prioritising holidays above their own and their family’s financial future, according to a survey by Riley, the individually insured investment from Royal London.
Not tonight darling, I’m banking online
Millions of Brits are quite literally losing sleep over their finances by banking online late into the night, according to new research from Abbey. Far from being a chore or even a bore, more than half of online bankers (53 per cent) are logging on at least every other day to keep an eye on their wealth, with many logging choosing to log on well into the wee hours.