Savings News & Alerts

Written by our founders Anna and Sue

Rate Alerts

Regular updates on the savings market

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Good news at last for some, but what about everyone else?
16th October 2013
Author: Dan Darragh

Category: Savings News

Recent months have seen some competition finally return to the savings market, albeit not for everyone. A few providers have been fighting it out to reach the top of the 5 year fixed rate ISA and bond best buy tables. This is, of course, good news but where is the competition to help those with other savings needs? Or those who simply don’t want to lock up their money for the longer term.
Watch out for the savings tricks
16th October 2013
Author: Anna Bowes

Category: Savings News

The recent announcement by the FCA that they will be conducting a market study into the £1trillion cash savings market is great news. So far the focus has been on teaser rates (or bonuses) and whether they should be allowed.
Take advantage of the pseudo savings accounts?
10th October 2013
Author: Dan Darragh

Category: Savings News

With the new rules reducing the time it takes to switch your current account coming into force, savers could bolster the interest they can earn, in a high interest-paying current account, plus they may also have access to some exclusive savings accounts.
Financial Conduct Authority to review Savings - it couldn't come soon enough
10th October 2013
Author: Anna Bowes

Category: Savings News

The Financial Conduct Authority (FCA) has recently announced its intention to carry out a market study into the £1 trillion UK cash savings market, including the effects of ‘teaser rates’.
8 Top Tips when looking for Business Savings Accounts...a message from our Concierge team
10th September 2013
Author: Dan Darragh

Category: Savings News

The business savings account market is a mine field; hopefully our tips will help you secure thousands in more interest while reducing the risks.
Say Goodbye to NS&I; No hassle alternative to Income Bonds to get much better returns and still keep your savings safe.
13th August 2013
Author: Dan Darragh

Category: Savings News

National Savings and Investments (NS&I) are dropping the rates on their Income Bonds from 1.75% to 1.25% from 12th September. If you have placed a large sum with NS&I to take advantage of the Treasury’s protection of your capital, think again before accepting a 28.5% reduction in interest.