Savings

Leeds 'best-buy' Isa pays just two.85pc for five years

Leeds ‘best-buy’ Isa pays just two.85pc for five years

Money MoT: Leeds Creating Society has launched a new money Isa having to pay a leading charge of 2.85pc, but savers will have to lock their money away for five many years   Photo: Alamy Leeds Building Society is providing a rate of 2.85pc on its five yr fixed-price Isa….

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Chaos engulfs 'Nisa' switches

Chaos engulfs ‘Nisa’ switches

‘Nisa’ rules come into effect from July, but there is still confusion over the time limits for topping up fixed-rate cash Isas. Here we list the providers’ different deadlines The Isa allowance for the 2014-15 tax year is £15,000   Photo: Alamy Much-needed changes are due to be made to…

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Savers missing out on "ideal acquire" accounts

Savers missing out on “ideal acquire” accounts

Savers who use price tag comparison web sites to discover “ideal purchase” financial savings accounts risk missing out on the ideal bargains

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Britain's stark option: conserve or remain in fairyland

Britain’s stark option: conserve or remain in fairyland

Comment: The British save 2.4pc of disposable earnings in contrast to eleven.7pc for the French. Will the “Budget for savers” adjust that?   Photo: Getty Pictures We have to conserve more – an terrible good deal more – or potential generations will face tax rises and exorbitant borrowing charges that…

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'Post Workplace prematurely closed my cost savings account'

‘Post Workplace prematurely closed my cost savings account’

A single reader gave recognize of their intention to close an account with the Publish Office, but was frustrated when it did so too early   Photograph: Ben Birchall/PA I wrote to the Post Workplace offering loads of notice of my intention to shut an account, which it misunderstood to…

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Tiny-acknowledged bank gives two fixed greatest-acquire accounts

Tiny-acknowledged bank gives two fixed greatest-acquire accounts

The second-oldest independant financial institution in Britain, Raphaels, is providing up to 2.05pc on its fixed charge bonds   Photograph: ALAMY Raphaels Financial institution has emerged out of the woodwork to release three fixed-price bonds paying up to two.05pc. Founded in 1787, Britain’s 2nd-oldest independent bank is paying 1.75pc on…

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Can you trust foreign banking institutions competing for British savings?

Can you trust foreign banking institutions competing for British savings?

A sea of unfamiliar names – some foreign, others new – exhibits in a search for the ideal financial savings accounts. So who are these organisations, and is your cash protected?   Photograph: ALAMY Cost savings costs have been reduce so deeply by key banking institutions and creating societies that…

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Brokers race to launch income and shares 'super Isas'

Brokers race to launch income and shares ‘super Isas’

Brokers will give traders the choice of currently being able to combine and match in between the two shares and money beneath the new Isa rules, which come into force in July

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Loophole for couples to cut tax on savings

Loophole for couples to cut tax on savings

How to lessen your tax bill by thousands of pounds by arranging joint cost savings accounts carefully   Savers can slash hundreds of pounds from their tax bill by making use of a tiny-known loophole relating to the treatment method of joint accounts. The guidelines governing the payment of tax…

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Shambolic Isa transfers that consider nine months

Shambolic Isa transfers that consider nine months

A scandal leaves traders in limbo for months when moving brokers. Dan Hyde explains why The Agenciesis campaigning for alter

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