Savings
Women to make majority of household financial decisions
50 years from now large numbers of women will have taken over a traditional preserve of men by taking control of key financial household decisions, signals NS& I's (National Savings and Investments) Century of Saving report.
Football savers are top of the league
With the start of the new football season around the corner, Britannia Building Society has been looking at which fans are in the first division when it comes to their savings habits.
Base rate held but savers shouldn’t be complacent
With Post Office Instant Saver customers now benefiting fully from July’s interest rate rise as their savings rate hit 6 per cent on 1 August, the Post Office urges savers not to be complacent with their money just because the base rate hasn’t gone up this time.
Loyalty rewarded at Derbyshire BS
Rachel Thrussell, Head of savings at Moneyfacts.co.uk, comments: “Today sees the launch of a new regular saver from Derbyshire BS. The account has standard regular saver T&Cs, requiring regular deposits of between £10 and £250 per month. The account has no expiry date, and allows four penalty free withdrawals per year.
Calls to enhance savings and UK competitiveness in funds industry
In its pre-Budget representations the Investment Management Association has focused on two areas, calling for action to enhance pensions and savings and to optimise the competitiveness of the UK funds industry.
Alliance & Leicester Premier Regular Saver returns
Alliance & Leicester has announced the return of Premier Regular Saver, its best buy savings account offering a market-leading rate of 12.00% gross pa/AER.
WAGS find saving easier than going on a diet
The rise in WAG culture may be blamed for women over spending on the credit card, but British women actually find saving money each month easier than following a healthy diet, according to new research from Engage Mutual Assurance.
Scarborough launches latest Options Bonds
Scarborough Building Society is launching the latest edition of its popular Options Bonds – offering competitive rates of up to 6.50% annual interest.
50+ Savings account aims to reward those who save more
Abbey Savings warns that many people won’t have much to celebrate, financially speaking, when they hit the big five ‘O’. Many Britons haven’t built up sufficient savings and could well be facing a challenging retirement.
Abbey launches new issue of capital guaranteed deposit bonds
Abbey has launched a new issue of capital guaranteed deposit bonds. The bonds offer guaranteed full return of capital at maturity and different benefits depending on the link to the underlying investment.
Savers still short changed
July saw another Bank of England rate rise, but it’s still the same old story with banks taking too long to pass on the increase to savers – or not passing anything on at all.
Cost of a child over £43,000
Consider a long-term investment plan to help pay to bring up your child says Invesco Perpetual.
School fees rise by 41% in five years
Private school fees have increased by 41%, more than twice the rate of inflation over the past five years (18%), according to new research from Halifax Financial Services.
NS&I launches campaign to reunite savers with forgotten accounts
NS&I (National Savings and Investments) has for the first time launched an advertising campaign to promote its free of charge Tracing Service to encourage savers to come forward to reclaim the £435 million in lost and forgotten accounts.
LV= with-profits bonds healthy investment for low-risk investors
LV= has published an analysis of with-profits bond policyholder value, based on an independent report produced by leading financial risk consultancy Barrie & Hibbert.