Savings

'Building society lower my savings charge from 2.7pc to .1pc without telling me'

‘Building society lower my savings charge from 2.7pc to .1pc without telling me’

A reader was dismayed to uncover her income accruing just .1pc curiosity in a cost savings bond, when the account had previously paid two.7pc. She insists she wasn’t told of the charge alter   I am in discussions with Cheshire Building Society concerning a fixed-fee bond that matured some 7…

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In excess of-55s forced to use residence equity to shell out off debts

In excess of-55s forced to use residence equity to shell out off debts

Proportion of men and women asking for a lump sum up front when they tap into the value of their property has risen sharply, suggesting their pensions no longer support them   Photograph: Howard McWilliam An increasing amount of pensioners are getting to income out on the worth of their…

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Would you fix savings for 10 years at 4pc?

Would you fix savings for 10 years at 4pc?

Money MOT: A new bond pays 4pc a year for a decade. The value all depends on when rates will rise   Photo: Alamy Savers are being offered 4pc annual income in exchange for locking their money away until 2024. The bond from Leeds Building Society has been introduced “in…

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Premium Bonds prize pool increases by 52,000

Premium Bonds prize pool increases by 52,000

From subsequent month the variety of Premium Bonds prizes will increase by 52,000   There will be much more Premium Bonds winners from next month as the amount of prizes handed out is set to improve. Government-backed National Financial savings &amp Investments, which delivers the bonds, announced the tax-totally free…

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The ten ideal cash flow funds to weather the dividend drought

The ten ideal cash flow funds to weather the dividend drought

The sturdy pound is hitting dividends, but there are still great earners. Here we name the top 10 earnings funds for Isa savers

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'I have 3 Isas, can I top up each and every 1 with £5,000?'

‘I have 3 Isas, can I top up each and every 1 with £5,000?’

Inquire an professional: A reader asks if she can prime up 3 current Isas with £5,000 every, to use up the complete £15,000 allowance   Photo: Alamy If I presently have 3 distinct Isas – one with Barclays, one with Nationwide and one particular with Halifax, can I top each…

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Pension savers to get 'free, impartial' advice

Pension savers to get ‘free, impartial’ advice

Savers will begin obtaining cost-free, independent pensions tips from next year, the Government has promised   Photograph: Alamy Millions of people will be offered free of charge and impartial suggestions on how to invest their pensions underneath the Government’s flagship reforms, the Government has promised. This is a key part…

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Super Isas: 4 new very best get prices

Super Isas: 4 new very best get prices

Kent Reliance dominates the “ideal-purchase” tables with 4 new Nisas, and all enable transfers in of outdated Isas   Photograph: Alamy Kent Reliance has opened two new simple accessibility Isas and two fixed rate accounts, all paying out highly competitive costs. Its effortless accessibility Nisas incorporate a single paying out…

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Developing society gives young savers 5pc

Developing society gives young savers 5pc

Funds MOT: Yorkshire Building Society is having to pay 5pc on its children’s conserving account, but there’s a catch   Yorkshire Developing Society has launched a new children’s financial savings account paying out an attractive price of 5pc for one particular yr, but there’s a catch. The account is only…

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NS&I to bar Scottish savers if they vote for independence

NS&I to bar Scottish savers if they vote for independence

Savers living north of the border will no longer be able to invest in Premium Bonds or other NS&ampI accounts below ‘overseas’ buyer guidelines

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