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Savings

Drop in inflation does little to help savers

News that the Consumer Prices Index rate of inflation dipped back from 4.4 per cent to 4 per cent in March may not bring much relief to the UK’s savers.

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Boost for longer-term savers

Savers who are willing to keep their money in long-term savings accounts are benefiting from improved interest rates.

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New tax year begins

This week marks the beginning of the new tax year and some significant changes to the tax system.

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ISA savers urged to keep an eye on their rates

The majority of ISA savers are missing out as a result of not switching their savings to accounts that offer higher rates, a consumer organisation has claimed.

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Future pensions will require tax increases

Tax hikes will be needed to sustain the expected levels of future pension payments and benefits, a leading think-tank has said.

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Equity ISAs attract investors and savers

Increasing numbers of savers, faced with the prospect of impoverished rates of return from savings accounts, are planning to put their money into stocks and shares ISAs, according to research.

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Pressures mount on final salary pension schemes

The rate at which private-sector final salary pension schemes are closing has accelerated.

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