Savings News
New ‘Help the Poor’ ISA could increase your ISA limit by £200 a year
Tuesday, July 5th, 2011 by mattcolleyA new scheme aimed at getting savers to invest in schemes that will help the poor will reward savers with a £200 increase in their ISA investment limits.
Building Society backs call to merge Child Trust funds and Junior ISAs
Monday, June 13th, 2011 by mattcolleySaffron Building Society have become the latest in a long line of bodies to ask the Government to allow parents to transfer their existing Child Trust fund into a Junior ISA.
Citigroup attack government backed NS&I savings rates
Tuesday, June 7th, 2011 by mattcolleyCitigroup have become the latest in a long line of companies to tell the Government that they should cut the rate offered on the new state backed National Savings index-linked certificates.
ISA sales through investment platforms hit £1.3billion in April
Monday, June 6th, 2011 by mattcolleyNet sales of ISAs through investment platforms increased to £1.3billion in April, according to figures from the Investment Management Association (IMA) who noted that it was the biggest April for ISA sales since records began in 2008.
Building Societies reap rewards of competitive ISA season
Thursday, June 2nd, 2011 by mattcolleyNew statistics released this week have proved that the building societies decision to be competitive during ISA season has paid off as money continues to pour in from savers.
Nationwide labels new NS&I Savings bonds unfair
Wednesday, May 25th, 2011 by mattcolleyNationwide claims the new savings bonds provide unfair competition for banks and building societies, who feel unable to match the interest rates on offer.
Campaign to merge Child Trust Funds and Junior ISAs launched
Tuesday, May 24th, 2011 by mattcolleyA new campaign to allow parents whose children have existing Child Trust Fund accounts to be allowed to merge them into a new Junior ISA has been launched
Banks taking ISA tax advantages from customers
Monday, May 23rd, 2011 by mattcolleyA conservative report has accused major banks of taking advantage of the tax relief offered to customers through the cash ISA savings product, by paying less interest than they would on the equivalent taxable products they offer.
National Savings and Investments savings certificates back
Wednesday, May 18th, 2011 by mattcolleyNational Savings and Investments have reintroduced their popular index-linked savings accounts after a ten month absence.
Cash ISA statements make for painful reading
Tuesday, May 17th, 2011 by mattcolleyMany customers who took out a Cash ISA over a year ago will be shocked to see that their interest rate is now a measly 0.5%, although sadly that is the truth facing many.
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