savings

Latest National Savings & Investments rates

Current rates from the state-owned savings bank




savings

Latest savings rates

Up-to-date deals from banks and building societies




savings

How can I protect my children’s savings from tax liabilities?

I am concerned about inheritance tax if my husband and I were to die prematurely




savings

RUTH SUNDERLAND: Why not get creative on savings? It's time for a bold and imaginative Budget

Rishi Sunak should stick with plans drawn up by his predecessor Sajid Javid, who was lining up a cut in income tax from 20p in the pound to 18p.




savings

RUTH SUTHERLAND: Coronavirus panic saw the nation's savings shredded in minutes 

RUTH SUNDERLAND: The terrifying collapse in share prices since the coronavirus started to spread worldwide is taking a vicious toll on the wealth of nations.




savings

One in five Australians would run out of savings in a week if they lost their job

Financial comparison website Finder's survey of 11,118 consumers found 19 per cent of them would barely have enough savings to last a week if COVID-19 took their job.




savings

Spend your pension pot last to defend savings from taxman

Hoard your pension and spend other cash and investments first, to keep your money away from the taxman. That's the advice experts are dishing out to retirees worried about inheritance tax.




savings

Can I retire early at 58 with £420k in savings and £6k pension?

I had an £84k pension but cashed it in when I was 55 to pay off debts. Since then, I have come into an inheritance so I have £420k in savings and have rejoined my company's pension scheme.




savings

With up to £20billion of savings feared lost, here's how to track down your missing pot

The average person has 11 jobs in their lifetime, so it is no wonder two in three Britons have more than one pension pot. The industry has long discussed launching an online pensions dashboard




savings

Saga puts savings rates up for over 50s, who can now earn 1.5%

The provider bucked the trend of falling rates, increasing the interest on its one-year fixed saver from 1.15 per cent. The account is operated by Goldman Sachs International Bank.




savings

Redundancy has a 40% drag effect on pension savings

People aged 39-54 who suffered compulsory redundancy have average pensions savings of £120,634 - while those who avoided being laid off have £202,017.




savings

Big banks to cut savings rates to as low as 0.01%

Some savers are now in line to earn as little as 0.01 per cent - just £1 interest over a whole year on each £10,000 in their account. This is £129 less than if they switched to a top easy-access deal.




savings

Savings platforms saw surge in interest as coronavirus caused market havoc in March

Savers with large pots looked for a safe haven amid market storms caused by coronavirus, with savings platforms that safely spread money around seeing a surge in applications.




savings

Best savings rates: Children's accounts face hefty cuts

Grandparents with fixed monthly pension payments could find their bank balances are looking much healthier now they are no longer spending money on things like going out and holidays.




savings

Best savings rates: Marcus makes a cut but new top easy-access deals are launched

Savers have been handed a double blow as two market-leading easy-access deals have both disappeared within a week of each other, with Marcus and Virgin Money both making cuts.




savings

Record 180 savings deals vanish as Nationwide cuts

There were 1,768 available savings accounts and Isas at this time in March, Moneyfacts said. By April this had fallen to 1,588, and average savings rates from 0.56% to 0.44%.




savings

NS&I reverses savings cuts to fund Government war on coronavirus

Despite interest rates plunging to record lows, National Savings and Investments has gone against the grain and abandoned plans to cut rewards which would have cost savers £200 m.




savings

What next for savings rates? Banks tap into new funding scheme

A Bank of England scheme designed to provide banks with cheap money to lend to small businesses has handed out an enormous £6billion in its first week, official figures reveal.




savings

Banks cut savings rates for loyal savers by four times the base rate chop

The official base rate was reduced by 0.65 percentage points last month to 0.1 per cent, but savers face bigger cuts.




savings

Should you cash out as NS&I makes cuts to fixed-rate savings deals?

While NS&I announced it was reversing planned cuts to some of its variable rate savings accounts, including Premium Bonds, it still pressed ahead with cuts to 10 fixed-rate deals.




savings

Newcastle Building Society hands first-time buyers £2000 on top of their Lifetime Isa savings

Home buyers looking to get onto the housing ladder for the first time can now access a deal that will boost their deposit savings by £2,000.




savings

Best savings rates: Investec brings back top notice account paying 1.65%

While the relaunched Notice Plus account from Epsom Derby sponsor Investec has more moving parts than a track full of racehorses, it offers an easy-access element with a top-rate deal.




savings

Millions dip into their savings or take on debt amid coronavirus crisis

Nearly a third of people in the UK have had to dip into their savings while a fifth have taken on debt, with the younger generations the worst hit, a new survey has showed.




savings

LV is latest insurer to share savings with customers hit by the virus

The breaks will be available to workers who are waiting on furlough payments or self-employment support, or those who lose their jobs after March 1.




savings

Easy-access savings customers urged to check their rates

A number of challenger banks and building societies are making cuts to their bread and butter savings accounts - and it's time to check you won't be hit.




savings

ASK TONY: HMRC wants me to pay £300 in tax for someone else's savings

HM Revenue & Customs (HMRC) claims that I have received untaxed interest of £2,640 from Secure Trust Bank and owe £300 income tax.




savings

Funds to defend your savings from the market rout

In future, more people may want to preserve their money, rather than maximise returns. Fund managers like Jonathan Ruffer who are committed to safeguarding could become power players.




savings

Why must I pay tax on my pension and my savings too?

This is Money's pensions agony uncle Steve Webb says most people don't have to pay tax on savings income, although he dubs the system 'absurdly complicated'.




savings

How to stop YOUR pension savings from becoming an annuity horror show

Retirement is supposed to be a happy time, whether you are looking forward to filling it with a pipe-and-slippers or travel-the-world lifestyle. But in recent years it has become more complex and stressful.




savings

Tandem launches 1.5% savings deal - but getting it costs £6 per month

Tandem Bank is scrapping its existing, popular, cashback credit card for a membership deal offering a 1.5 per cent savings rate and a credit card that charges no interest, ever. Is it any good?




savings

What is HyperJar and can it really give you a 4.8% savings rate?

Defining itself as a 'pay now, buy later' scheme, HyperJar wants to put as much distance as possible between the 'toxic' buy now, pay later sites that lure in 'younger shoppers' and itself.




savings

Big Six customers jet off to San Francisco with energy savings

Currently, 1.9 million Eon customers could be missing out on £283 by staying on a standard variable tariff, the equivalent of a return flight to San Francisco.




savings

Household bills are set to rise but you can still make savings 

Everything from phone bills to NHS prescriptions are due to go up from today, but there are ways to save money. BT, EE, O2, Three and Vodafone are all hiking prices between now and May.




savings

Savings from falling wholesale prices  passed on to customers as cheapest energy tariffs fall by £32

The cheapest energy tariffs have fallen by an average of £32, thanks to falling wholesale costs, new data has revealed at a time when consumption is likely to be higher with people at home more.




savings

West Bengal circle highest grosser in small savings during lockdown

The West Bengal circle has emerged the highest grosser in small savings mobilisation during the ongoing lockdown in the country, an official of the postal department said on Saturday. The West Bengal circle also includes Sikkim and Andaman and Nicobar. "In this country during the lockdown period which is continuing, the West Bengal circle is the highest grosser in terms of small savings mobilisation", acting Chief Post Master General (CPMG) Niraj Kumar said. He said only in one day on May six, the circle grossed Rs 361.25 crore only from post offices (PO) which are run on CBS platform. Kumar said the main reason behind this is post offices having CBS are able to carry out transactions which are centrally monitored by the circle team and ably supported by required technical support. Even last year, the West Bengal circle recorded highest growth in the postal financial services in the country, he told PTI. This performance has also been a result of small savings agents who




savings

Govt cuts small savings rates by up to 140 basis pts

Govt cuts small savings rates by up to 140 basis pts





savings

Kanpur: Women groups make masks, feed poor from savings




savings

Small savings interest rate hiked by up to 0.4%; PPF, NSC to offer 8%

New Delhi, Sep 20: The government has raised interest rates on small savings schemes, including NSC and PPF, by up to 0.4 per cent for the October-December quarter, in line with rising deposit rates in the banks. Interest rates for small




savings

UTI Long Term Equity Fund:Twin Benefits of Wealth Creation and Tax Savings

As the time passes so quickly, another fiscal year is turning to an end soon, and most of the tax payers must be in the state of panic about keeping the things in order. They might also be planning to approach




savings

Reliable financial products can boost total savings

Reliable and easily accessible financial saving opportunities can help boost total savings and reduce attractiveness of alternatives like gold, the Economic Survey 2012-13 has said.




savings

Service charges for Post office savings a/c, issue of duplicate passport and more

Here are some details of service charges that the Post Office charges you.




savings

Audit and accounting guide [electronic resource] : depository and lending institutions : banks and savings institutions, credit unions, finance companies, and mortgage companies




savings

PPF to recurring deposits: Breather for investors in small savings schemes

As cash is priority, you can delay payment. But there will be loss in interest income




savings

Where Are the Health Care Cost Savings?

Interview with Ezekiel J. Emanuel, MD, PhD, author of Where Are the Health Care Cost Savings?





savings

Teller stations at the First Federal Savings and Loan




savings

The Public service area at First Federal Savings and Loan




savings

First Federal Savings Bank




savings

Evonik cuts jobs in cost savings




savings

Small savings schemes like PPF, NSC and SSCS see big cuts in rates

Rates of these schemes have been slashed by between 70 bps and 140 bps for the April-June quarter.Those who depend primarily on the income from these fixed instruments, may need to revisit their portfolio