How do NS&I returns compare to the market leaders?

A safe place to keep money means various things for different people. Some prefer banks, whilst others may prefer stashing it under the bed (although that’s not so safe!), but one of the most secure places for your savings comes in the form of National Savings and Investments (NS&I). In its 156-year history, the NS&I has kept the nation’s money safe and sound, whilst funding its public-sector net cash requirement. HM Treasury offers a 100% guarantee on any money held using NS&I products, beating the £85,000 limit covered by the Financial Services ...

Savings: A new inflation beating account for savers?

SavingOver the past few months, interest rates on savings accounts have fallen to record low levels and with inflation rates predicted to increase, savers can be forgiven for feeling pessimistic. However, has the Autumn Statement brought some much needed relief to beleaguered savers? Details are sketchy, but the answer may be “yes”, all be it in a very limited way. A new NS&I bond In his first, and as it turns out last, Autumn Statement, Philip Hammond announced that National Savings & Investments (NS&I) would launch a new bond in 2017. Mr Hammond said that ...