Savings
West Brom aggressive pricing is good news for savers
Andrew Hagger of Moneynet.co.uk looks at the most recent developments in the savings market.
West Brom launches a series of best buy Ebonds
With a desire to offer investors a further range of savings opportunities the West Bromwich Building Society has launched a series of fixed rate Ebonds for savers wishing to invest via the internet.
Santander fixed rate bonds paying up to 4.15%
This week Abbey, Alliance & Leicester and Bradford & Bingley are launching new issue fixed-term savings accounts paying up to 4.15 per cent, available to both new and existing customers.
N&P launches new 3 year E-Bond
N&P (Norwich and Peterborough Building Society) is set to increase the rates on its 3 & 5 year fixed rate bonds, and on its 2 & 5 year fixed rate ISAs (all from today, Wednesday 5th August) and launch a new 3 year E-Bond on Friday 7th August.
Cater Allen launches the Capital Guaranteed Growth Plan 2
Cater Allen Private Bank announces the launch its latest FTSE 100 Index linked structured deposit, the "Cater Allen Capital Guaranteed Growth Plan 2" (available from Monday 3rd August, 2009).
Savings accounts continue to pay above 0.50%
The latest issue of the monthly Moneyfacts Treasury Report on UK Savings Trends has given additional insight into how providers have no alternatives but to secure business by offering savings rates well over base rate.
Opportunities in emerging market government bonds
As the debate surrounding whether investors should continue to invest in UK Government Bonds continues, Mark Pearce, Fixed Income and Alternatives Investment Specialist at Threadneedle, believes there are still attractive opportunities for investors in government bonds in emerging markets.
Nationwide launches Champion Saver account
Nationwide Building Society today, Monday 3 August 2009, launches its Champion Saver account, offering savers a market leading rate of up to 2.80% gross p.a./AER - over five times better than the Bank of England Base Rate.
New Premium Bond millionaire from Wales in August draw
In Wales, over 1.1 million people hold Premium Bonds worth over £1.7 billion. There are over 21,000 unclaimed Premium Bond prizes in total worth over £1.2 million. This is the 12th time that the £1 million jackpot has been won by a person living in Wales.
Leeds launch 5% fixed rate savings bond
Leeds Building Society has launched a new 5-year fixed rate bond paying a very competitive return of up to 5.00%.
Banks increase use of bonuses to boost rates
Banks and building societies are continuing to add ever bigger bonuses to their savings accounts as a temporary measure to increase the rates offered to savers.
Tesco Personal Finance launches summer offers
Tesco Personal Finance has launched a range of summer offers, enabling customers to make cost savings across a range of products.
Great news for savers: Nationwide welcomes FSCS extension
Nationwide director, Maxine Taylor comments on today's announcement by the FSA confirming that customers of merged building societies will retain their FSCS (Financial Services Compensation Scheme) cover until 30 December 2010 and the timescales outlined for FSCS levy reform.
Abbey and A&L launch new guaranteed investment products
This week Abbey and Alliance & Leicester have launched their latest range of guaranteed investment products for savers looking for the security of a capital guarantee with a minimum return, providing they are held for the full term.
Bond sentiment improves
Sentiment in UK corporate bond markets has continued to improve over the past few months, according to Rebecca Seabrook, manager of F&C's Ethical Bond Fund.