Savings: Pensioner Bonds launched with table topping rates

Pensioner Bonds launched with table topping ratesThe interest rates on Pensioner Bonds have finally been announced and if you are a saver aged over 65, they will certainly put a smile on your face. The Pensioner Bonds will be offered by National Savings & Investments (NS&I) and were initially announced in the Budget earlier this year, but the interest rates have only just been revealed. What are the interest rates on Pensioner Bonds? Two bonds will be available, with fixed rate terms of one and three years; anyone aged 65 or over can apply for ...

Savings: Fed up of low interest rates? 5 alternative options for your cash

Fed up of low interest rates? 5 alternative options for your cashDespite the recent changes to Cash ISAs (Individual Savings Accounts) and relatively low inflation, there are signs some savers are losing patience as they wait for interest rates to rise. The Bank of England has kept base rate at 0.5% for over five years and the interest rates paid to savers were cut further when the Funding for Lending scheme was introduced. Even now, months after Mark Carney suggested rates could start to rise, savers are left fighting for a ...

ISAs: Interest rates slashed, so where can you find the best deals? Here’s our favourite six

ISAs: Interest rates slashed, so where can you find the best deals? Here’s our favourite sixThe improvements made in the Budget were supposed to reinvigorate Cash ISAs, but leading banks and building societies seem to be doing their best to undermine the changes. Cast your mind back to March. Inflation was falling, making it easier to make a ‘real return’ on your savings and the ISA rules were changed, allowing savers to shelter up to £15,000 each year from the taxman. There was even talk of interest rates rises! Fast forward to August. The Bank ...

Savings: Do you save more or less than the average family?

iStock_000007329749MediumMost people like to know how they compare to others, so when it comes to saving money each month, do you put away more or less than the average amount? Legal & General have surveyed 625 families all with children under the age of 10 for their ‘Nearest and dearest families facing tomorrow’ report. The results make fascinating reading:   Our advisers can help you get your savings working harder ...