Savings
Nationwide launches new Protected Equity Bond
Nationwide Building Society has launched a new Protected Equity Bond. The new Bond, available as both deposit and ISA options, pays a minimum 7% gross return (1.13% gross AER), plus the potential for further stock market linked capital growth at the end of six years.
Inflation drops to 4.00% but savers are still struggling
Julie Smith, savings analyst at Fair Investment Company comments on news that the annual rate of inflation has fallen from 4.40% to 4.00%.
High inflation causes one in ten Brits to give up saving
The strain on consumers' finances due to high inflation, which dropped to 4.0 per cent in March, has caused nearly one in ten Brits to stop saving in 2011, according to a survey by moneysupermarket.com.
Sainsbury's launches new fixed rate savings accounts
Sainsbury's Finance is launching two new fixed rate savings accounts with the one year option paying 3.35% and the two year account paying 3.85% AER.
Leeds launches short term Fixed Rate Postal Bond
Leeds Building Society has launched a new market leading short term Fixed Rate Postal Bond paying a guaranteed return of 2.75% gross p.a./2.76% AER.
Santander launches new best buy tracker bond
Santander has launched its latest market leading Tracker Bond paying a rate of 3.10 per cent gross AER. The bond is ideal for those savers who want a competitive return for a fixed term with the added benefit of returns that track the Bank of England base rate for twelve months.
A balanced diet is healthier for your finances
We all know about the evils of fatty food and the virtues of ‘five a day', but over the past five years, it's a balanced diet that has been healthier for your finances, according to new research from BM Savings.
Northern Rock launches new range of fixed rate savings bonds
For customers looking to invest their savings over a shorter period, Northern Rock has launched two new issues of its fixed rate bond (FRB) with competitive interest rates of 3.00% gross*/AER** pa over one year (Issue 426), and 3.60% gross*/AER** pa over three years (Issue 427).
Protect your investment with inflation-linked savings
With the Bank of England base rate unchanged at its historic low for a 25th consecutive month and rising inflation, Yorkshire Building Society has encouraged investors to protect the real value of their savings by investing in Yorkshire deposit accounts which see returns linked to inflation.
Regular home saver launches to help first time buyers
Clydesdale and Yorkshire Banks have launched a new savings account to help First Time Buyers build a deposit and get a foot on the housing ladder.
Santander launches new range of fixed rate bonds
Santander has launched its latest range of fixed rate bonds which includes a highly competitive three year fixed rate paying 4.01 per cent gross AER.
Recession creates more savvy 20-something savers
Recession sees development of new generational trend - Young, Ultra Forward-Thinking Savers - 20-somethings saving almost a fifth of their monthly salary for specific goals.
Brits different gender attitudes to saving
According to new data released from NS&I's Savings Survey, over a quarter (27%) of the British population say they will be less likely to save over the coming three months. With the findings highlighting the population's pessimistic attitude to future savings.
Halifax launches new variable Web Saver Reward
Halifax has announced the launch of a new 2.80% (AER/Gross) variable Web Saver Reward available to both new and existing customers for a limited period.
Principality launches Protected Capital Account
Principality's Protected Capital Account pays interest based on changes in the Retail Prices Index (RPI - an index used by government to measure of inflation) plus an annual enhancement of 0.20%, over its five year investment term.