Aviva Save: Investment giant launches a cash savings platform

Insurance and investment giant Aviva has launched its own cash savings platform, This is Money can reveal, but savers will earn more by going to the banks directly. Britain’s largest insurance firm’s answer to the likes of Hargreaves Lansdown Active Savings and Flagstone has opened with 15 fixed-rate bonds offered by Aldermore, Oaknorth and Paragon … Read more

Inflation unmasked: How it affects your savings and why it matters

Rising inflation continues to ‘erode’ gains on millions of people’s savings accounts up and down the country, new findings reveal.    Fresh figures from the Office for National Statistics today showed that rising furniture and food prices pushed the Consumer Prices Index up to 0.7 per cent in January, up from 0.6 in the year to … Read more

Best current accounts: First Direct brings back £100 switching bonus

New logo, old switching deal: First Direct brings back £100 cash carrot as current account switching battle returns The bank closed its doors to newcomers last March amid the pandemic  Its £100 switching bonus hadn’t been available for almost a year Its parent bank HSBC brought back £125 to switch since last week Virgin Money … Read more

Ministers again refuse to back proposals aimed at helping disabled trust fund savers

The Government has again refused to publicly back proposals designed to make it easier for the parents of disabled children to access Child Trust Fund savings, as it was warned as much as £107million could be ‘lost’ over the next decade. Responding to questions in the House of Lords on Thursday, justice minister Lord Wolfson … Read more