Savings

Saga launch new three year fixed rate savings account paying 2.15%

Saga Savings has announced the issue of the new Saga 3 Year Fixed Rate Postal Savings Account, rewarding savers who deposit a minimum balance of £1 up to £10m with an attractive 2.15% GROSS / AER fixed with interest paid annually.

3 in 4 now saving as nation focuses on the long term

The UK is becoming a nation of savers, with three quarters (74%) of people saying they are currently saving, new research from Scottish Widows has revealed.

Baring Asset Management introduces the Strategic Bond Fund

Baring Asset Management, the international investment management firm, has announced it has converted the Baring Global Bond Trust into a more flexible fixed income product – the Baring Strategic Bond Fund.

Society launches competitive 18-month 1.70% bond and three-year 2.00% ISA

Yorkshire Building Society has expanded its savings products range by launching a competitive 2.00% three-year fixed rate ISA.

Four of the top money saving apps for 2015

Well, we made it through the festive season and are now into the very early stages of 2015. Granted many of us are probably still a few pounds heavier than we were six weeks back or so, but we made it.

Skipton Limited Edition easy access account paying 1.15%

Skipton Building Society has launched a new Limited Edition easy access savings account which pays 1.15% gross pa/AER.

New Year, new finances

Financial resolutions are a priority for 2015, with nearly a quarter (23%) planning to save more money, pay off debts or sort out their finances, according to research from AA Loans.

Consumers with cash savings need better information and easier switching

It should be easier for consumers to compare cash savings accounts and then switch providers if they wish, said the Financial Conduct Authority (FCA), following a market study that showed competition in the £700bn cash savings market often does not work well for consumers, particularly those with long-standing accounts.

New 65+ Bonds now on sale

The new 65+ Bonds, announced by the Chancellor of the Exchequer in the March 2014 Budget, have been launched and are now on sale at nsandi.com.

M&S Bank launches high rate monthly saver for current account customers

M&S Current Account customers will have access to a high rate monthly savings account with a rate of six per cent AER/ gross. The M&S Current Account, which launched in May 2014, is the first M&S current account with no monthly fee.

15 ways to save money in 2015

Vouchers, money off apps, shopping around for insurance, cutting down on takeaways, switching energy provider and down-shifting supermarkets – just some of the ways UK consumers plan to save money in 2015.

Government boost to get kids saving at Christmas

At a time when families are taking stock of their finances following the expensive Christmas period, the Economic Secretary to the Treasury, Andrea Leadsom, has announced that the government will fund a pilot programme to help children develop good financial habits at a young age by setting up savings clubs in primary schools in partnership with credit unions.