Why Everyone Needs a Savings Account

Getting the best returns on your Savings Account has never been more important than it is these days. It really pays to know the difference between the accounts and what each is used for, but it’s also worth realising just how important it is to actually have one. Financial advisors and experts all agree that everyone should open one to have that emergency fund, or even if you are saving for something you know you need to pay for in the future. With so much uncertainty in the job market and general rising costs it’s more important than ever to have a ...

National Savings & Investments to end association with Post Office

National Savings & Investments (NS&I) has announced it will stop operating their accounts through branches of the Post Office. From 28th November it will no longer be possible to open Instant or Easy Access Savings accounts, although Premium Bonds will still be available. Savings accounts will only be available online, over the phone or by post following the change. NS&I say the changes will help to reduce running costs by 10% and were part of a plan to “simplify and modernise” its range of savings products whilst trying to persuade customers to deal directly. Jane Platt, chief executive of NS&I, said “We're very proud ...