Savings
Northern Rock launches new fixed rate bond issues
Northern Rock has launched a new range of fixed rate bonds, starting from 3.00% gross p.a. over one year to 4.15% gross p.a. over five years. The accounts are available through Northern Rock branches or by post from today (16 September).
100 days until Christmas – get your finances in festive shape
For many hard-pressed Brits, Christmas seems a long way off and the thought of the additional pressure it will have on their finances will lead to many people deciding to ignore it until the last minute.
Northern Rock launches new Little Rock Fixed Rate Bond Issue
Northern Rock continues to offer attractive savings products to help children save for their future with a new issue of its Little Rock Fixed Rate Bond launched today (14 September).
Changing face of savings spotlight on current accounts
There was a time when consumers looking to put money aside were spoilt for choice, but in the current climate of low Bank of England base rate and high rate of inflation, savers will struggle to generate any decent returns.
Savers hopes on hold as inflation fall stumbles
Inflation figures released today show that the Consumer Price Index (CPI) has remained unchanged at 3.10%, still way above the Government's 2% target.
When savings rates are so low, remember the flipside
The average rate on a no notice savings account is currently a pitiful 0.74% which is almost three per cent less than the average just two years ago. But on the flipside, mortgage rates are also riding low -in 2008 the average tracker rate was 6.28%, now, it is 3.61%.
Four out of 10 men saving in case they lose their job
The latest MoneyMood Survey from Legal & General shows a marked increase in the number of men who say they're saving "in case I lose my job", rising to four out of ten men (40 per cent) in August.
Raiding savings should be a last resort
According to research from Schroder's, in the past year, 31 per cent of UK adults have drawn on a collective £60 million in savings and investments to supplement their income, while Scottish Widows has found that almost one in 10 adult children have had to bail out their parents in the past year.
Over 55s see unexpected expenses eat into savings
Unexpected expenses are forcing over 55s to dip into savings that would otherwise have been used for retirement income, according to latest Aviva's quarterly Real Retirement Report.
UK adults hiding £14bn in secret savings
Over a sixth (15 per cent) of UK adults admit to having a bank account that they keep hidden from their partner, new research from the Post Office has revealed. The average secret savings account contains £2,033, although one in 20 admit to hiding over £10,000.
Women savers on the increase
The number of women who say they're in the mood to save has increased steadily over the last two years, while the number of men (who say the same) has dropped, according to the latest MoneyMood Survey.
Prudential exclusive investment bond provider to Santander UK
Prudential and Santander UK have entered into an exclusive agreement for Santander to distribute Prudential's market-leading investment bonds in the UK for an initial five-year period from 2011.
M&G Investments UK Retail Inflation Linked Corporate Bond Fund
M&G Investments is launching an inflation-linked corporate bond fund aimed at UK retail investors. We believe it is the first such fund for this market.
Santander Loyalty Tracker Bond & Tracker Bond new issue
Santander is launching new issues of its competitive Loyalty Tracker Bond (Issue 2) and Tracker Bond (Issue 2), now paying 3.25 per cent and 3.00 per cent gross AER respectively.
Brits save money by booking summer holidays last minute
As many people look to tighten their belts, new research from Sainsbury's Credit Cards reveals that this year, 1.28 million summer holidaymakers booked their summer vacations less than two weeks before going on them, saving themselves hundreds of pounds each.