Savings
The latest news, updates and opinions on Savings from the expert team here at MoneyWeek
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ISAs vs pensions – which is better for retirement?
Advice As ISAs become more popular, it's worth comparing them against pensions in terms of which is better for saving for retirement
By Ruth Emery Last updated
Advice -
Government urges families to track down £1.4 billion in forgotten child trust funds
Features More than 670,000 young people could have £2,200 sitting unclaimed in their CTF account. We look at how to track down a lost CTF and how to make the most of your savings
By Ruth Emery Last updated
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Nationwide launches £175 bank switch offer plus extra perks - how can you get the switching bonus?
News Nationwide’s new bank switch offer has come alongside a revamp of its Flex current account range, with a new cashback deal and an interest-free buffer on overdrafts. Here’s how to get the £175 switching bonus.
By Henry Sandercock Published
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Is a Lifetime ISA worth it? How LISAs work and key rules
Analysis There have been renewed calls for Lifetime ISA reforms after new HMRC data showed a record number of people were penalised for making ‘unauthorised’ withdrawals.
By Henry Sandercock Last updated
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How did the August interest rate cut affect savings and mortgages?
Analysts at Moneyfacts have analysed the impact the last Bank of England interest rate cut had on personal finances. Here’s what they found.
By Henry Sandercock Published
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How many ISAs can you have?
New ISA rules mean savers can hold multiple ISAs of the same type. But is this change available to all ISA holders? We look at how many ISAs you can have in the current tax year
By Vaishali Varu Last updated
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FCA warns banks against rushing to cut deals as savings rates improve
News Savers are £4 billion a year better off following a Financial Conduct Authority cash savings market review. Will interest rate cuts spoil the savings market?
By Marc Shoffman Published
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NS&I cuts interest rates on British Savings Bonds
NS&I has reduced the rates on its two-year, three-year and five-year fixed-term savings accounts. Could a cut to the Premium Bond prize rate be next?
By Ruth Emery Published
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Action Fraud issues pension scams warning as fraudsters steal ‘£50k a day’
News Figures from the UK’s leading anti-fraud agency suggest pension scams have been on the increase since the cost of living crisis. Here’s how to keep your nest egg safe.
By Henry Sandercock Published
News