The Bank of England seems intent on holding down interest rates for longer. That’s terrible news for savers. So, what’s going on, and what can you do about it? John Stepek explains.
Current accounts such as Santander’s 123 account take advantage of customer apathy, says Natalie Stanton.
Pensions and Isas both offer savers tax-efficient ways to save, but in slightly different ways. So, how will a ‘pensions Isa’ work? Merryn Somerset Webb explains.
Many savers forego a higher interest rate due to the perceived hassle of switching accounts. Sarah Moore explains how that’s set to change.
The deposit threshold cut to the Financial Services Compensation Scheme will come as a headache to fixed-term savers. Sarah Moore outlines the options.
Alternative finance is set to move further into the mainstream after the chancellor announced an “innovative finance” Individual Savings Account.
Ripples from the Greek debt crisis have already reached Britain, as the amount of savings guaranteed by the Financial Services Compensation Scheme (FSCS) is to fall by £10,000
From 2016, the amount of your money that will be protected from bank failure under the deposit protection scheme will fall by £10,000. Natalie Stanton examines the changes.
For years, we’ve been carping on about how fund managers overtrade, says Merryn Somerset Webb. Now there’s a website to hold them to account.
In a bid to encourage us to save more, City institutions are developing a ‘digital passport’ that will make opening a new savings account as easy as buying a coffee.
George Osborne’s new tax-free allowance on cash deposits is good news, says Merryn Somerset Webb. But don’t neglect your Isa.