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Savings

Savings

Posted Tue, 31/08/2010 - 06:46 by tmark938

How can you best put your savings to work?

How can you best put your savings to work?

Monday 30th August 2010

As UK base rates continue to languish at 0.5%, with many experts believing they are unlikely to move higher in the short to medium term, the return on savings accounts at the moment is negligible for many people. So how best can you put your ... Full Story>>

Posted Mon, 30/08/2010 - 23:43 by tmark938

Are you dipping into your savings?

Are you dipping into your savings?

Monday 30th August 2010

A number of recent surveys have suggested that more and more people in the UK are now being forced to dip into their savings to cover their traditional monthly living expenses. This is a worrying sign for the UK economy because ultimately any ... Full Story>>

Posted Sat, 28/08/2010 - 02:36 by tmark938

Banks introduce stepped savings interest rate bonds

Banks introduce stepped savings interest rate bonds

Friday 27th August 2010

As UK base rates look set to continue to remain relatively low in the short to medium term a number of banks have stepped forward with stepped savings interest rate bonds. In effect these bonds will offer a guaranteed interest rate in year one ... Full Story>>

Posted Mon, 23/08/2010 - 02:55 by tmark938

What happens when your savings run out?

What happens when your savings run out?

Sunday 22nd August 2010

Despite the fact that officially the UK recession is over, there is no doubt that millions of people in the UK are dipping into their savings to make ends meet. This is a situation which cannot go on indefinitely and has already blown a hole ... Full Story>>

Posted Wed, 18/08/2010 - 15:14 by tmark938

FSA reconsiders inflation based returns

FSA reconsiders inflation based returns

Wednesday 18th August 2010

The FSA has today stepped into the mix in relation to financial institutions offering savings returns based upon the level of the RPI (retail price index). A number of companies have been using the current RPI, around 4.8%, to project forward ... Full Story>>

Posted Tue, 10/08/2010 - 04:49 by tmark938

What is lying down the back of your sofa?

What is lying down the back of your sofa?

Monday 9th August 2010

A report today suggests that Brits are leaving around £40 million a year down the back of their sofas with the average household affected to the tune of just under £2. However, the back of your sofa is not the only place where you may find ... Full Story>>

Posted Sun, 08/08/2010 - 04:14 by tmark938

Coutts under investigation regarding AIG products

Coutts under investigation regarding AIG products

Saturday 7th August 2010

Coutts, the high-class banking division of Royal Bank of Scotland, is under investigation by the FSA in relation to a specific AIG linked savings product which was sold to a number of the bank's customers. The product was marketed under the ... Full Story>>

Posted Tue, 20/07/2010 - 14:25 by tmark938

National Savings and Investments pulls popular products

National Savings and Investments pulls popular products

Tuesday 20th July 2010

The NS&I (National Savings and Investments) has recently withdrawn two very popular state backed investment products from the investment arena. This comes at a time when the UK government is looking to reduce the burden on UK taxpayers and ... Full Story>>

Posted Fri, 16/07/2010 - 23:01 by tmark938

Putting money aside for your children

Putting money aside for your children

Friday 16th July 2010

While investing money for your children may be something beyond the reach of many people in the current economic climate, it is something which many people will consider in more prosperous economic times. So what's the best way to invest money ... Full Story>>

Posted Sat, 10/07/2010 - 22:46 by tmark938

Why is inflation bad news for your savings?

Why is inflation bad news for your savings?

Saturday 10th July 2010

Over the last few months we have heard concerns about inflation pushing ahead in the short to medium term and the potential impact this could have on the UK savings market. So why is inflation such bad news for your savings?

Full Story>>