Savings: NS&I increase interest rates on guaranteed bonds, but are they a good deal?

No quick return for NS&I Index Linked Certificates 150pxNational Savings & Investments (NS&I) savings products have always been popular, especially as all the money saved with them is 100% guaranteed by the Government. The news that the interest rates payable on the NS&I Guaranteed Growth Bonds is about to increase will therefore be welcomed by savers. But how competitive are the new interest rates? Read on as we investigate. What are the new interest rates? From 20th October the interest rates on the NS&I Guaranteed Growth Bonds will be increased, across the board, by ...

SSAS: Deposit accounts for SSASs, what are your options?

iStock_000015874214_ExtraSmallThe Investment Sense website publishes the only in-depth best buy table for SIPP deposit accounts, but what are your options if you have a Small-Self Administered Scheme or SSAS for short? SSASs have had a resurgence over the past couple of years and with stock markets increasingly volatile we are getting more and more enquiries about the Cash options available. You’d be forgiven for thinking that if a bank or building society offers deposit accounts for SIPPs, then they will accept ...

SIPP deposit accounts: New entries, climbers and fallers October 2012

The downward trend in SIPP deposit account interest rates has continued into October, although, for once, there is the odd glimmer of hope that the bottom may have been reached. New entries Unfortunately, no new banks or building societies have entered the SIPP deposit account market this month, indeed we have lost some accounts, including the popular one and two year fixed rates from the Ipswich Building Society. Need advice on your SIPP?...