EPR Financial News

Northern Rock Launches Issue 2 Of The Little Rock Fixed Rate Bond

Northern Rock has launched a new issue of its Little Rock Fixed Rate Bond to help children save for their future following the unprecedented popularity of the Little Rock Fixed Rate Bond (Issue 1) that was launched in early August. The new 3 Year Little Rock Fixed Rate Bond (FRB) (Issue ...

Northern Rock Grows Its Children’s Account Family With A Market Leading Rate

Following the successful introduction of the Little Rock Instant Access Account in April 2010, the Little Rock Fixed Rate Bond is the latest member of Northern Rock's family of children's savings accounts. The new Fixed Rate Bond offers a market leading rate of interest for a minimum deposit of only £1. As well ...

A New Government-Run Service Is Set To Provide Impartial Financial Advice For Millions Of UK Citizen

A new Government-run service is set to provide impartial financial advice for millions of UK citizens looking for help with money matters. The service – called Moneymadeclear – was launched by Chancellor of the Exchequer Alistair Darling and will provide free consumer advice from independent financial experts. Moneymadeclear gives people the chance ...

Report Finds Brits Not Serious About Saving Until 25

The latest NS&I (National Savings and Investments) survey release has shown that the average age for Britons to start saving seriously is 25 years-old. More than a fifth (22%) of the population said they didn't start setting money aside in earnest until they were past their 30th birthday, while more ...

Report: Savings Levels Drop This Winter

NS&I's Savings latest survey has found that this winter, the amount of money the population is saving has decreased to its lowest level for over two years. On average, the British public is now setting aside 6.25% of their monthly take-home income. This figure has fallen consistently since this time ...

Research: Britons Not Yet Planning For New ISA Limits

NS&I has revealed new research that shows people across Britain are not yet planning for the changes to ISA entitlements this year and risk missing out on tax-free returns. Just 15% of Britons surveyed say they understand the new limits, which enables individuals to save up to £10,200 per year ...

New Rules Adopted By The Shanghai Mercantile Exchange

The financial crisis and the weaknesses revealed by the Reserve Primary Fund's "breaking the buck" in September 2008 precipitated a full-scale review of the money market fund regulatory regime by the SHMEX. The SHMEX new rules are intended to increase the resilience of money market funds to economic stresses and ...

NS&I Reports Growing Confidence Among British Savers For The Year Ahead

According to the latest Quarterly Savings Survey by NS&I, the British population is feeling increasingly confident about its ability to save more in the coming year. Perhaps encouraged by recent reports of a financial upturn, British savers are more confident in their outlook with over a quarter of the population ...

Securities Based Funding, Inc. Announces A Unique Financing Advantage To Borrowers Against The Value Of Their Securities Portfolio

Securities Based Funding, Inc. announces a unique financing advantage to borrowers against the value of their securities portfolio at below-market, simple interest, fixed rate loans ranging from 2.5% to 4.5%. These   non-recourse   loans will assist Domestic and international buyers, sellers and developers of properties worldwide. The loan proceeds can be ...

Report Says Britons Failing To Prioritise Savings

NS&I has revealed that despite the financial shock of the last 18 months, data for the last five years shows that Britons have not made savings any more of a priority. This is according to NS&I's Savings Survey which, with more than 50,000 people interviewed since the Survey began five ...

NS&I Reveal Findings Of Families, Finance And The Future Report

NS&I's 'Families, Finance and the Future' report has shown that before having children, Britons believe you should have an income of at least £25,000 per annum to ensure financial security, while 20% of those surveyed said that they would seriously consider not having children because the cost of having them ...

NS&I Has Announced Changes To The Way Customers Can Invest In Its Fixed Rate Bonds

From the end of October, the products will only be available directly from NS&I (by freephone, online or by post) and no longer available through the Post Office. NS&I and the Post Office have jointly agreed to this change, which is in part a reflection of the development of the Post ...

NS&I Unveils The First Live Vegetable Plot At BBC Good Food Shows

NS&I (National Savings and Investments), one of the UK's largest savings organisations, is delighted to be working with Matthew Biggs to encourage 'growing your own' at this year's BBC Good Food Show events. Visitors to this year's events in Glasgow (SECC, 30 October - 1 November), London (Olympia, 13 - 15 ...

National Savings And Investments Is Increasing The ISA Allowance On Both Its Direct ISA And Cash ISA For Its Over 50s Customers

The revised allowance will come into effect from 6 October 2009. This change will enable existing Direct ISA and Cash ISA customers who will be 50 years or over on the 5 April 2010 to deposit up to £5100 into their ISA in the current tax year. From 6 April 2010 more ...

The Japanization of Financial Markets

Saxo Bank predicts that monetary stimuli and government deficits are likely to continue, fostering a "Japanization" of financial markets, whereby the market will see higher price-to-earnings ratios and lower yields on both corporate bonds and treasuries. Chief Economist at SaxoBank, David Karsbøl, commented: "Because Western economies are more flexible and able to ...

NS&I Finds The Luckiest Premium Bonds Regions

NS&I has released a list of the luckiest regions for winning Premium Bonds prizes showing that those firstly in the South West, and then in the East Midlands, win more Premium Bonds prizes of £1000 or more, than the rest of the UK. Ranking as third luckiest was Wales, while ...

Report: Britons More Financially Aware

NS&I has revealed new research that shows nearly two-thirds (63%) of the population are more aware of their finances and are making an increased effort to look after their accounts as a result of the credit crunch. According to the new research released by NS&I (National Savings and Investments), almost half ...

NS&I Report Reveals Future Families Founded On Fortune

The new National Savings and Investments (NS&I) commissioned report, 'Families, Finance and the Future', suggests the existence of a new institution of British life - the 'Financial Family' - a collaborative unit of close friends and family marked by financial interdependence. It does not simply show a steady flow of ...

Securities Based Funding, Inc. Announces A Unique Financing Advantage To Borrowers Against The Value Of Their Securities Portfolio

Securities Based Funding, Inc. announces a unique financing advantage to borrowers against the value of their securities portfolio at below-market, simple interest, fixed rate loans ranging from 2.5% to 4.5%. These non-recourse loans will assist buyers, sellers and developers of properties worldwide. The loan proceeds can be used for any purpose except to buy ...

Equity Mix Remains Top Choice For Pension Investments

Prudential has reported that more than one in three people retiring within the next 10 years say they would prefer their pension to be invested partly in the stock market and the remainder in other types of investments, according to new research*. The nationwide study shows that consumer confidence in the ...

LV= Reports Kids Come First As Parents Increase ‘Back To School’ Spending To £709 Million

LV='s new Cost of a Child study has found that parents will spend £709 million* on 'back to school' basics including uniforms, stationery, sportswear and winter coats as parents prepare to kit their children out for the start of the new school year. This is equivalent to parents spending an ...

Prudential Reveals 1 In 3 UK Couples Know Nothing About Their Partner’s Finances

Prudential has revealed new research that shows UK couples could be risking poverty in old age because they are failing to talk to one another about financial planning for their retirement. The study found that nearly a third of couples (32 per cent) aged 40 and above but not yet retired* ...

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