search >>
you are here: 
  Mortgages
  Protection
  Savings
    Banks
    National Savings
  Investments
  Pensions
  School Fees Planning
  Conveyancing Fees
  International Services
 
 
 

 

  home > services > savings
 

Savings Advice.
The different  types
of savings plan available.

 

 

 
 
 
 
 
 
 
 
 
   Savings Advice & Types of Savings Plan.


Savings advice, why save?
Why does anyone save? The answer is obvious. You may need the money in the future either for something you want to buy, or to cover the unexpected, or for when you are too old or ill to work.

Savings can be divided into short and long term needs.

Short term savings needs
Saving for a car or a holiday: the most suitable investment is usually a deposit account such as a bank or building society account.

Long term savings needs
Saving for retirement, school fees or providing capital for children as they grow up. 

You'll need to consider how easy it will be to get at your money and how much you can afford to put back.  

Consider your attitude to risk, generally the higher the risk the greater the potential for gain. Be aware of your tax situation and the charges on savings plans.
 


Types of UK Savings plans.
Brief explanations of the different types of UK Savings plans are given below, please follow the links for more information.

Banks & Building Society Savings Accounts.
These products are often called deposits because the investor receives a rate of interest in return for depositing capital. more >>

National Savings.
National Savings are secure investments guaranteed by the British Government. more >>
 



 

 

home
 

























The information contained within this website is subject to the UK regulatory regime and is therefore restricted to consumers based in the UK and UK expatriates.

Disclaimer
see financial IFA providing independent financial advice. We advise on all types of savings and investments, including national savings and school fees planning. www.hsbc.co.uk www.fidelity.com www.nationwide.co.uk www.barclays.co.uk www.nationalsavings.co.uk