Savings
Invesco Perpetual launches Tactical Bond Fund
Invesco Perpetual have announced the launch of a new fund, the Invesco Perpetual Tactical Bond Fund, which aims to maximise total return primarily though a flexible allocation to fixed interest securities and cash.
Five years, five million savers
What a difference five years make - back in 2005 interest rates were on the rise and the UK savings ratio was headed for its lowest point in nearly half a century - fast forward to 2010 and the trends have reversed with one savings scheme in particular leading the march and engaging the UK population; the Child Trust Fund (CTF).
Leeds Fixed Rate ISAs paying up to seven times Base Rate
Leeds Building Society has launched Fixed Rate ISAs paying up to seven times the current Bank of England Base Rate, complimenting the Society's market leading 5 Year Fixed Rate ISA.
Leeds fixed rate savings bonds paying up to 4.50%
Leeds BS launches fixed rate bonds, available over 2, 3 and 5 years, guarantee to pay a competitive return of up to 4.50%. These products combine a good rate of return with the peace of mind associated with access of up to 10% of the initial capital invested, without notice or penalty, at any time.
Mortgage borrowers get cheaper rates at expense of savers
In the last few months, lenders have reduced mortgage rates. However, while borrowers benefit, savers are losing out as providers cut the savings rates they are offering in order to maintain their balance sheets.
first direct most loved savings brand
In December 2009 Lovemoney.com asked their readers what they thought about the financial products they use.
Nationwide fixed rate bond paying up to 4.70 per cent
Nationwide Building Society announces rate increases for a number of its Fixed Rate Bonds and e-Bonds, which all offer guaranteed interest rates for savers.
NatWest launches Navigator Structured Deposit Account
NatWest International Personal Banking (IPB) has launched the Navigator Structured Deposit Account, designed to capture growth in bull and bear markets.
Abbey International launches Fixed Rate Deposit paying 3.60%
Abbey International has launched a new Limited Offer 18 month Fixed Rate Deposit contract paying 3.60% gross/3.57% AER.
Savers urged to vote with their feet
Savers in some of the best easy access savings accounts are being warned to check when their deal comes to end, or risk losing out on up to £86 in interest, according to experts at moneysupermarket.com.
Savvy savers slash energy bills by jumping online
With the "Deep Freeze" sending chills through households in the UK, moneysupermarket.com warns British bill payers they will use around 40 per cent of their annual energy consumption over the winter months.
Money-saving Brits continue to ditch the gym in 2010
Hitting the gym to shift Christmas kilos traditionally tops the list of New Year resolutions, but according to research by moneysupermarket.com 2010 will be different.
Abbey and B&B savings to be rebranded as Santander
Commenting on the confirmation that 1,000 Abbey and Bradford & Bingley branches will be rebranded to Santander by the end of this month, starting in London on Monday, Kevin Mountford, head of banking at moneysupermarket.com, said:
Coventry 1st Class Postal account issue 3
Coventry Building Society has launched the third issue of its popular 1st Class Postal account, offering a market-leading rate for savers plus the flexibility of easy postal access.
New brand for personal accounts scheme
PADA has announced that National Employment Savings Trust (NEST) will be the permanent name of the new national workplace pension scheme formerly known as the personal accounts scheme.