JEFF PRESTRIDGE: Six-figure bonuses for bosses, at a time when Covid has hit savings customers, seems egregious and terribly unmutual By Jeff Prestridge for The Mail on Sunday Published: 21:52 BST, 27 March 2021 | Updated: 22:35 BST, 27 March 2021 Yorkshire Building Society made all the right noises last week when it announced an … Read more
Joe Parkin is head of UK banks and digital channels at BlackRock IM Joe Parkin, head of UK banks and digital channels, at BlackRock Investment Management explains why he thinks that savers risk paying a high price for inertia and how they can invest to combat the threat of more inflation in years to come. … Read more
Spring clean your savings: If Covid has taught us anything, it’s that we all need a sturdy financial safety net, says VICTORIA BISCHOFF By Victoria Bischoff for the Daily Mail Published: 00:03 GMT, 17 March 2021 | Updated: 01:35 GMT, 17 March 2021 The only upside of not being able to go anywhere or do … Read more
I have always been a saver. I remember, as a boy, crossing the road from our home/surgery – my father was a doctor – to buy savings stamps, endeavouring to fill a book. At age 16 I bought my first shares – £45 worth of ship owner Aviation & Shipping — a company which owned … Read more
Even in normal times, the thought of staking your money on the stock market can seem like a very daunting prospect. And after a particularly dramatic year, savers will be forgiven for feeling a lot more wary than usual. Yet data shows that, over the long term, a well-diversified investment portfolio easily beats a standard … Read more
A year ago the stock market was in crisis. Covid-19 was raging globally and investors could only watch as their nest eggs plunged in value. But 12 months after global markets fell 30 per cent, most investments have bounced back. It has been a bumpy ride, but there’s light at the end of the tunnel. … Read more
How to bag an Isa paying more than 1%: Nationwide launches new deal which comes with a £50 bonus for those transferring in more than £10k Nationwide’s new 18-month fixed-rate Isa will pay savers 0.75% It is open to existing customers but bonus bumps the rate up Isa rates have collapsed in the last year … Read more
More misery for half-a-million savers as Marcus Bank cuts its rate to 0.4% weeks after reopening its doors The bank reopened its doors in February paying 0.5% after closing them in June It shut after it was inundated by savers and risked breaching banking rules Move is a disappointment for those hoping its reintroduction would … Read more
Savings rates hit record low one year after first Covid lockdown sparking fears of apathy among account holders Savings rates continue to fall to record low since the start of UK’s first lockdown Average easy access savings rate is less than a third of what it was a year ago There are 383 fewer deals … Read more
Scam victim who lost £239,000 of life savings reimbursed by her bank after we intervened By Rachel Rickard Straus, Financial Mail On Sunday Published: 21:52 GMT, 13 March 2021 | Updated: 21:52 GMT, 13 March 2021 A scam victim who lost £239,000 of life savings has been reimbursed by her bank after The Mail on … Read more