RSS Feed

Savings

Supermarket price war spills into finance

In recent months the contest between the supermarkets has heated up, as they fight it out to offer lower priced goods to help us all through the recession.

Leeds launches unique Winter Fuel Saver account

Leeds launches unique Winter Fuel Saver account

Leeds Building Society has launched a unique and innovative monthly savings account specifically designed to help the over 60s manage the increased pressure on their finances during the winter months.

Silver saving accounts looking grey

There are a number of easy access accounts available for over 50s savers, but a look at the wider market reveals these products are falling short in rates.

Barclays Wealth offers income seekers a six-year solution

Barclays Wealth is extending the investment term of its popular Regular Income Bond to enable balanced investors to secure an attractive rate of interest for six years.

Brits more financially aware

Nearly two-thirds (63%) of the population are more aware of their finances and are making an increased effort to look after their accounts as a result of the credit crunch, according to new research released by NS&I (National Savings and Investments).

Barnsley’s 5-year fixed rate e-Bond offers 5.40%

Consumers looking for a guaranteed return on their savings are urged to look at some of the excellent rates currently available on fixed rate savings before they are pulled from the market.

Sainsbury’s Internet Saver offer rate of 2.9% extended

Sainsbury's Finance today announces that it will be extending its Internet Saver special offer by an additional two weeks until 5th September 2009.

Barclays Wealth launches new protected investments

Barclays Wealth is launching new issues of its Minimum Return Plan, Protected FTSE Plan and UK and US Super Trackers after exceptional demand led to the early closure of the preceding range.

NS&I increases savings rates

NS&I (National Savings and Investments) is increasing the interest rates on its Fixed Interest Savings Certificates, Children's Bonus Bonds and Direct ISA by up to 1.20%. The revised interest rates will come into effect from 19 August 2009.

Standard Life adds new panel for structured deposit accounts

Standard Life has this week added a panel of structured deposit accounts to its International Bond. Structured deposits combine capital protection with the potential for capital growth dependent on the performance of the underlying investment, e.g. the FTSE being a certain level at the end of the fixed term.

Newcastle continues to reward its savers

With a record low base rate held at 0.50% for over five months, and despite intense high-street competition, Newcastle Building Society is continuing to secure best-buy savings slots (source: moneyfacts.co.uk), for products such as its Reward Saver paying up to 3.00% Gross/AER, which includes a 1% bonus.

IFAs believe clients saving too little, too late

Research carried out by AXA Winterthur Wealth Management ("AXA Winterthur") suggests IFAs are concerned that their clients are not saving enough for retirement.

Partnership taps into demand for tax beneficial savings

Clydesdale Bank and Yorkshire Bank have launched a new tax exempt savings plan in partnership with Engage Mutual Assurance.

Leeds three year postal bond paying 4.30% guaranteed

Leeds Building Society has launched a new 3-Year Fixed Rate Postal Bond paying a guaranteed return of 4.30%, which also allows savers access to up to 10% of the initial amount invested at any time, without notice or penalty.

Leeds launches new fixed rate savings bonds

Leeds Building Society has launched new two and four-year fixed rate bonds paying guaranteed returns of 3.50% and 4.00% respectively.