Premium Bonds - are they worth saving in?
Premium Bonds payouts are tax free, but what are the odds of winning?

If you are fed up with low interest rates on your savings, is it worth putting your money into Premium Bonds? Premium Bonds are offered by National Savings & Investments and promise a tax-free payout if you win. But, of course, there's no guarantee you will win. The 'prize fund interest rate is 1.35%, but that doesn't mean you will end up with prizes worth 1.35% of your Premium Bond holding every year.

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Banks aren't helping customers find the best savings account
There's more than £160 billion in savings accounts paying less than 0.5%. Banks should make it easier to find the best account

It’s official: the savings market doesn’t work well for customers, especially if they are ‘loyal’ and longstanding customers. That’s the view of the financial regulator, the Financial Conduct Authority (FCA). It’s been investigating the savings market and it’s found that £160 billion is in savings accounts earning 0.5% or less. What’s likely to change and how can you get the best deal?

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Co-op bank has failed a Bank of England stress test. What does this mean?
Why does the Bank of England stress test on banks matter and what does it tell us?

The Bank of England has released the results of its most recent stress test. It says that Co-op bank failed the stress test and Lloyds Banking Group and RBS/NatWest were at risk. But that doesn’t mean these banks aren’t safe or that your savings are about to disappear. The Bank of England stress test is very tough (described as creating conditions not seen since World War I).

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You should always obtain independent financial advice.