A 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.
Posts Tagged ‘Savings’
New ‘Help the Poor’ ISA could increase your ISA limit by £200 a year
Tuesday, July 5th, 2011Citigroup attack government backed NS&I savings rates
Tuesday, June 7th, 2011Citigroup 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, 2011Net 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, 2011New 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.
New Life Insurance rules will speed up claim payments
Thursday, May 26th, 2011New rules issued to life insurance providers will see insurers handling claims and making pay outs nearly four times quicker.
Nationwide labels new NS&I Savings bonds unfair
Wednesday, May 25th, 2011Nationwide claims the new savings bonds provide unfair competition for banks and building societies, who feel unable to match the interest rates on offer.
Banks taking ISA tax advantages from customers
Monday, May 23rd, 2011A 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.
Goldman Sachs reshuffles senior management
Wednesday, May 18th, 2011Goldman Sachs reshuffle their senior management set-up in a bid to repair customer relationships following the fall out of the global economic crisis.
Savings kick in as cost of living spirals and pension income falls
Wednesday, November 17th, 2010
UK pensioners are increasingly forced to delve into their savings, as the rising cost of living has cut their pension income by over £700 a year, in real terms, since 2008.
Savings dwindle as public spending freeze takes hold
Friday, November 12th, 2010
The average person had just £1,771 in savings this summer, according to the new ING Consumer Savings Monitor. This is the equivalent to 40 days of pay at a time when it takes on average 6 months to find a new job after redundancy.
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