Building Societies saw savings inflows of £6,296m in the first half of 2008 as an uncertain economic outlook and volatile global markets drive consumers towards less risky investments.  
Deposits made into building society savings accounts in the first half of this year increased by £2,434m between the first half of this year and the same […]

New research has revealed parents are worried they will have to fund their children’s debts for more than 10 years after they graduate.  
Skandia, a provider of long-term savings products, conducted research among 1,940 parents with children aged under 18 years old and found 40% fear they will face a decade of debt after their […]

Net sales of UK domiciled investment fund ISAs saw outflows of £209.9m in June, up from £198.3m in May, according to the Investment Management Association.
The most popular UK domiciled ISA sector in June was UK All Companies, accounting for 19% of gross ISA sales. In net terms, the most popular ISA sector was Cautious Managed.
Funds […]

Despite the FTSE dipping in and out of bear market territory in recent weeks, research from Barclays Stockbrokers reveals investors are retaining their confidence in the market.
Almost half have faith in the FTSE and believe it will rise over the next three months. A further 12% believe it will stay the same.
However, the poll also […]

Moneyfacts has called on consumers to read the small print as institutions fight to attract their savings business.
Joanna O’Brien, savings analyst at Moneyfacts, said: “Consumers need to look at rate guarantees with caution and consider them in the same way as they would a bonus on a savings account.
“Many guarantee rates to be at least […]

Research by Unbiased has revealed that more than 250,000 consumers put their faith in independent financial advice in the first half of 2008.
Over 30% of searches for details of local IFAs are requesting advice on retirement planning, as consumers worry about the impact of the economic downturn on their pensions, while more consumers are now […]

As Britain struggles with growing fear of crime, soaring inflation, failing pension provision and a fast food generation, research by Chelsea Building Society shows consumers want a return to the values of the past.
The study of 1,424 consumers revealed that 87% of respondents believe manners and respect are missing among today’s children and 71% wish […]

Almost half of all advisers with clients who have insurance bonds are considering reviewing their policies with a view to switching them into mutual funds, according to Fidelity.
The findings, based on responses from 230 advisers across the UK, revealed that over 40% of advisers are already preparing to review clients with insurance bonds, with a […]