Tag: savings
NatWest research finds 1 in 3 under-35s have no money saved up for emergencies
A recent report has discovered that many adults aged 35 and under have no money set aside for a rainy day, with a quarter of young Brits holding £500 or less in their savings accounts …
UK pensions major update as Treasury minister seeks revolution to boost savers
Pensions minister Torsten Bell wants savers to get higher returns on their pensions and make the UK more like Canada and Australia …
Giant sculpture in Canary Wharf warns Brits of the pitfalls of ‘sleeping savings’
The ‘sleeping giant’ has been installed as a metaphor for the £1.3 trillion of UK savings that are languishing in low interest accounts …
Savers’ common misconception could be costing them £255 a year
Inflation is increasing, meaning “every pound of interest matters”. …
Pensioners can boost State Pension by over £5,000 with inheritance loophole
Retirees are being urged to check they aren’t missing out on additional pension payments. …
Experts share how to become an ISA millionaire amid record number
The rapid growth of ISA millionaires underscores the power of long-term investing and the benefits of tax-free savings in ISAs …
Building society launches savings account with 4.6% interest and earns ‘excellent’ rating
The new savings deal secures a “prominent” position in the top tables. …
Cash ISA tax free allowance update as BBC money expert shares verdict
There has been intense speculation that the existing £20,000 annual tax-free allowance on cash ISAs will be lowered – possibly to £4,000. …
Warning issued to anyone with savings in a current account
It’s “imperative” that Britons review their bank accounts, an expert has said. …
Bank increases interest on savings account to 4.55% and earns ‘excellent’ rating
The account takes the joint market-leading spot in the longer-term fixed savings market. …
