Savings
Leeds launches 5-Year Fixed Rate Escalator Bond
Leeds Building Society has launched a 5-Year Fixed Rate Escalator Bond paying an escalating return up to 6.00% in year 5.
Savings and investments to decline for high earners
The amount saved or invested each year by households with an income over £100,000 is expected to decline by 10% in 2011 reveals new research from HSBC.
Britain’s savings window is closing in
The gap between becoming mortgage-free and retirement is closing in for Britons, according to new research from Santander Savings.
Zurich UK Life launches new range of Deposit Accounts
Available immediately, the Zurich Equity Linked Growth Account 6 (ZELGA 6) runs for five years. It offers advisers and their clients the potential to earn 100% of any growth of the FTSE 100 Index, subject to an overall maximum return of 50%, whilst protecting clients' capital. Applications must be received by 18 March 2011.
Santander - latest issue structured product launched
From Friday 4 February, Santander will be launching their latest range of Structured Products for customers looking for a capital return at maturity as well as a minimum return if held for the full term.
Santander launches latest range of fixed rate savings 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.
Northern Rock launches new online fixed rate e-bonds
Northern Rock has launched two new issues of its new online fixed rate e-bond account, providing competitive interest rates for those savers who wish to operate their accounts online. E-bond (Issues 5 and 6) will be available from today (Thursday, 3 February).
Northern Rock launches instant access branch saver
Northern Rock is launching a new issue of its instant access savings account designed for savers who wish to operate their account via a branch.
Nationwide introduces 18 month Tracker Bond and e-Bond
Nationwide has introduced a new 18 month Tracker Bond and e-Bond, both of which offer interest rates for savers that are guaranteed to track the Bank of England Base Rate.
Brits blame savings apathy on cost of living
New research from Confused.com has shown that 57% of Brit's blame their lack of ability to save on the cost of day to day living.
Sainsbury’s increases rates on Easy and Online Saver accounts
From Tuesday 1st February, the Online Saver account will pay 2.7% gross AER, and the Easy Saver account will pay 2.5% gross AER.
Girls now earn more than boys
Girls have fallen under Hermione Granger's spell and just like Emma Watson are the highest young earners. For the first time in five years, girls now earn more from part-time working than boys, according to new research from Halifax Savings.
‘Silver savers’ put away £1k a year for grandchildren
‘Silver savers' put away just over £1k a year for their grandchildren; according to new research by C&G Savings. As a result, many grandchildren could be handed nest eggs of up to £20k by their grandparents at some stage during their life.
BM Savings launches new Inflation Rate Bond
Commenting on the launch of the Inflation Rate Bond from BM Savings, Kevin Mountford, head of banking at moneysupermarket.com, said: "At a time when we are seeing inflation spiralling, it is good to see BM Savings responding to consumer concern by launching a savings bond which tracks the Retail Price Index (RPI) plus 0.25 per cent.
New Term Deposit account from Clydesdale and Yorkshire Banks
Clydesdale and Yorkshire Banks has launched new rates of up to 4.25% AER on its Term Deposit account.