RSS Feed

Savings

Abbey International revamps fixed rate deposit contracts

Abbey International has revamped its range of limited offer fixed rate deposit contracts to now offer clients a range of options from nine months out to two years.

Why go offshore with your savings and banking accounts?

Each year according to the Institute of Public Policy Research (IPPR), around 400,000 UK nationals move abroad to work or retire. Opening an offshore savings account could bring significant tax benefits, once they cease being UK resident for tax purposes.

Post Office launches new Growth Bond

The Post Office has announced the launch of Growth Bond Issue 12, offering one, two and three year terms and rates up to 4.10% AER, available with immediate effect.

Skipton 6 month fixed rate bond with monthly income option

Skipton International Limited is offering a six month bond paying 2.26%AER or 2.17% AER as a monthly income option.

Mutuals lead on customer service says Skipton International

Mutual Building Societies have outperformed the UK's banks in a number of areas of customer service, new research has revealed. The verdict comes shortly after five unnamed institutions were criticised for poor customer service practices by the UK Financial Services Authority.

Pocket money hotspots

Pocket money has not been a casualty of the credit crunch, and Glasgow takes top slot as the UK's pocket money hotspot.

Chelsea Building Society launches e-Saver Reward account

Chelsea Building Society has launched its first ever online account - the e-Saver Reward. The account, which pays 2.57% monthly interest (2.60% AER), is now available online at thechelsea.co.uk.

Savings from offset mortgages beat cash ISAs

A study by first direct shows that over the last ten years typical cash ISA savers, who also hold a mortgage, would have been better off by placing their savings pot in a mortgage offset account.

UK pension savers will miss out on £742 million this year

Employees in company pension schemes are set to miss out on whopping sums this year by neglecting to save in a tax-efficient manner, according to new research from unbiased.co.uk, the professional advice website.

Notice accounts good option for savers expecting rate rises

With the prospect of a base rate rise in the next 12 months looming, moneysupermarket.com takes a look at how savers can ensure they get a good return now, without missing out on any rate increase around the corner.

Money's too tight to mention

New research from the first annual Scottish Widows Priorities of Life index reveals that although the UK may officially be out of recession, Brits are still feeling financially insecure due to a lack of time and money to focus on their financial futures.

Money still key for yuppies of yesteryear

With a sequel to the 1987 hit movie Wall Street soon to hit our screens, it seems that ruthless stockbroker Gordon Gekko's famous mantra ‘Greed is good' may still resonate with the ‘yuppies of yesteryear'.

Morningstar upgrades rating on Schroder Corporate Bond fund

Morningstar has upgraded its qualitative rating for the Schroder Corporate Bond fund. Previously rated Standard, the fund is upgraded to Superior.

Investors demand advice and guidance

Almost three-quarters of British savers and investors (72%) claim to make financial decisions on their own but in reality many look for some form of help when it comes to buying a financial product, according to a pan-European survey on saving commissioned by Fidelity International.

Money management for children

Children are becoming increasingly interested in their own finances and money management arrangements, according to new research from Halifax.