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Savings

L&G second Fund Tracker Capital Guaranteed Bond

The second wave of Legal & General's new style Capital Guaranteed Bond - Fund Tracker Capital Guaranteed Bond 2, which tracks the performance of the Legal & General Money Builder (Investec) Fund, will be available from Monday 16 November 2009 for a limited nine-week offer period closing Friday 15 January 2010.

Don't let savings languish in a sub standard account

Andrew Hagger of Moneynet.co.uk looks at the rates offered to savers in light of the latest inflation statistics.

Abbey and A&L launch new guaranteed investment products

From Monday 16 November, Abbey and Alliance & Leicester are launching their latest range of guaranteed investment products for savers looking for the security of a capital guarantee with a minimum return.

Choosing the best way to donate to charity

Next Friday sees the return of Children in Need, prompting the nation to think about how it can help others.

Education fears spur London grandparents to save

A greater proportion of grandparents in London save or invest for their grandchildren than anywhere else in the country, according to a newly published survey. However, Southampton boasts the most generous Grandmas and Granddads, while for those with grandparents in Aberystwyth, the future may be less rosy.

Fixed rate bond shelf-life hits new low

Savers looking to take out a fixed rate bond need to act fast after the average bond shelf-life fell to a new low of 23 days last month, according to Moneyfacts.co.uk.

Children's savings accounts - not much incentive to save

Andrew Hagger at Moneynet.co.uk comments on the Children's Savings market: We keep hearing how important it is to have some savings behind you, but when you look at the rates of interest on offer for children's accounts, you can see why some parents just don't bother.

Nationwide Savings Index at highest since December 2008

Following its resurgence in the previous month, the Nationwide Savings Index rose by another three points to reach its highest level since December 2008.

Families without savings

Andrew Hagger of Moneynet.co.uk comments on the research from Abbey Savings that 28 per cent of parents have no savings and a further 20% have less than £1,000 to fall back on.

Fears over growing trend of families without savings

Research from Abbey Savings has highlighted that over one in four (28 per cent) British parents with young children have no savings or investments to use in times of difficulty or to use as a nest egg for their children's future.

New fixed rate online bond from Barnsley Building Society

Barnsley Building Society has increased the rate on its 3 year fixed rate online bond which is now paying a market-leading 4.80% (available from 11th November).

NS&I provides financial education on the high street

NS&I is increasing its efforts to help the British public get control of their finances by providing free personal finance guides through its marketing partnership with WHSmith.

Cheshire BS unveils new postal account

The 30 Day Postal Saver Account offers a bonus rate of 3.00% gross p.a./AER including conditional bonus (variable) on a minimum deposit of £1,000 for the first 12 months providing a minimum balance of £1,000 is maintained and no more than four withdrawals are made during the first year.

Scots must return to traditional values of thrift and prudence

A major study of Scottish savings habits conducted for leading pensions company AEGON by independent pensions expert Stewart Ritchie, OBE, has found evidence of worryingly low levels of short-term saving, even in higher income groups.

New Poppy Bond from the Coventry

Coventry Building Society is delighted to announce the return of its innovative Poppy Bond, which raised almost £1.6m for the Royal British Legion when first issued in 2008.