Interesting News

Index-linked savings certificate

National Savings & Investments have finally introduced an index-linked savings certificate. This is significant for clients who have capital to invest and want to beat inflation, but not risk the stock market. It could provide a better alternative than the comparatively low interest rates available on bank saving accounts for some clients.

NS&I Index-linked Savings Certificates guarantee that your investment will grow in spending power each year, whatever happens to the cost of living. That’s because they ensure the value of your savings always stays ahead of any rise in the Retail Prices Index (RPI) when held for at least a year. And because NS&I is backed by HM Treasury, you can be confident that all the money you invest is 100% secure.

For more information follow the links below:
http://www.nsandi.com/savings-index-linked-savings-certificates

http://www.bbc.co.uk/news/business-13370892

http://www.independent.co.uk/money/spend-save/savers-in-scramble-for-nsampi-product-2284897.html

http://www.guardian.co.uk/money/2011/may/14/nsandi-index-linked-savings

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