Savings
New Nationwide four-year Fixed Rate Bond
Nationwide Building Society announces details of a new four-year Fixed Rate Bond. With effect from 30 June 2010, the four-year Fixed Rate Bond offers 4.15% gross p.a./AER for balances of £1 or more for annual interest options.
5% on fixed rate savings disappear
Andrew Hagger of Moneynet.co.uk looks at the latest moves in the fixed rate savings market. For the first time in 12 months it is no longer possible to achieve a five per cent or more return on a fixed rate bond with the best rate now available 4.75% from ICICI Bank UK for a five year term.
Charities unhappy with savings account rate
In a quick poll on fairinvestment.co.uk, 62 charities said they were unhappy with their organisation's savings account rate, just four charities said they were happy.
Pensions savings finally hit by recession woes
Two years on since the start of the credit crunch and it is only now that the long term effects of the downturn on pensions savings has been realised according to the sixth annual Scottish Widows UK Pensions Report.
Abbey International lifts 12 month fixed rates to 2.75%
Abbey International has announced that sterling interest rates on its popular 12 month fixed rate contracts are to be increased to 2.75% gross/AER with immediate effect.
Restricted availability on regular monthly savings accounts
There are restrictions on 38% of regular monthly savings accounts meaning that many consumers will not be able to access some of the most competitive deals, according to analysis by Defaqto.
New Protected Equity Bond offered by Nationwide
A new six-year Protected Equity Bond has been launched by Nationwide Building Society. The new Bond - available as both deposit and ISA options - pays a minimum 9% gross return (1.44% AER), plus potential for further stock market linked growth at the end of six years.
Sainsbury's Finance Easy Saver account rate increased
Sainsbury's Finance has increased the interest rate on its Easy Saver account by 0.2% to 2.7% Gross AER for accounts opened from Friday 25th June.
Game on for Black Country savers
Everyone has gone World Cup and Wimbledon crazy so in celebration of the sporting mood of the whole nation, The Tipton has launched two new savings products, enabling Black Country savers to net more interest.
Default Retirement Age 'phase out' a wake up call to savers
With the new coalition Government's plans to phase out the Default Retirement Age (DRA) Friends Provident is stressing the need for savers in the UK to start planning ahead or face working into their seventies.
Savvy teens realise importance of savings
Saving savvy teens and twenty somethings are putting their parents' generation to shame when it comes to financial management.
The Welsh to make deep cuts to household spending
With just one day to go before new Chancellor George Osborne delivers his long-awaited Emergency Budget in which he will seek to make £6 billion of savings, the people of Wales have signalled they are ready and willing to make their own cuts in personal and household spending.
Barclays launches new 2 year fixed rate bond
As we approach July - the expected peak month for bond maturities - Barclays launches a competitive two year fixed rate bond paying up to 3.70 per cent.
Santander best buy one year fixed rate savings bond
Santander is to launch a new best buy one year fixed rate savings bond for savers wanting to lock in a competitive return. The bond is for customers bringing in money from outside Santander. It is a limited offer that is due to be withdrawn on 30 June and may be withdrawn earlier - without notice - if available funds are used up before then.
Skipton launches new 90 day notice account
Skipton International, the Guernsey based savings and local mortgage specialist, has launched a new variable rate savings account targeting both offshore individual savers and business deposit accounts with interest rates of up to 2.25% gross/AER.