National Savings & Investments (NS&I) has scrapped its tax-free savings certificates and slashed the interest rate it pays to more than 250,000 pensioners on its income bonds.

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A UK consumer watchdog is to complain to regulators that consumers with cash Individual Savings Accounts are missing out on £3bn a year in interest because of inefficient practices by providers. Continue Reading »

The winners of the 2009 Your Money Awards were unveiled in London yesterday (July 16). The full list of successful providers is below, but keep an eye out for the next issue of Your Money (on sale August 20 with Your Mortgage) for the awards booklet which contains profiles of all the winners. Continue Reading »

Arts and antiques continue to provide an alternative safe haven for investors, with prices continuing to rise in most segments of the market. Continue Reading »

Saving account holders could earn an extra £7.7bn a year by checking the interest rate paid on their savings (AER) and then switching to a better deal, according to Moneysupermarket. Continue Reading »

By Imogen Crouch-Hyde 

There has been a significant shift in Britons’ saving behaviour as taking that first step onto the property ladder becomes priority, according to Birmingham Midshires. Continue Reading »

Nationwide Building Society has called on consumers to start saving after its latest savings research reveals 54% of people think now is a bad time to save with just 23% of those questioned admitting they do not save anything at all. Continue Reading »

Savings rates plummet

Interest rates on UK savings accounts are set to drop below 1% for the first time ever. Continue Reading »

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