Inflation-Linked Savings: Smoke and Mirrors

Nov 24, 2011   //   by Keith McDonald   //   Banking and Savings Accounts, Commentary / Editorial  //  Comments Off

There have been some significant moves in the market for savings products this week, mostly driven by concerns about inflation.

Santander has looked to muscle into the space vacated by NS&I, who announced a withdrawal of their popular inflation-linked Investment Accounts in November.

Following their self-acclaimed ‘revolutionary’ up-front interest bond, Santander’s Inflation-Linked Savings Bond pays the rise in the Retail Price Index over a six-year period.

[Read more at Which4U]

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