Savings

Savings rates slip to another new low point

Savings accounts were delivering record low returns in January, new figures have revealed.

Bonus rate accounts used to entice savers

Banks and building societies are boosting the bonuses they offer people opening new savings accounts in an effort to recruit extra customers.

Tax breaks urged for savers

Savers should be offered tax incentives as way of combating the poor returns currently being delivered by savings accounts, a leading banker has argued.

Savings returns dip to new low

Savers have been confronted with more bad news on the release of figures from the Bank of England showing that savings accounts are paying out the lowest interest rates since 1995.

Small firms struggling to offer 'adequate' pension provision

A new survey has revealed that 90 per cent of defined benefit pension schemes run by small firms have been closed to new entrants.

Pension packages no longer vital to recruitment

The contraction of the employment market has meant that prospective employees do not see an attractive pensions package as essential to their decision to accept or reject a job offer.

Syndicate content