National Savings & Investment (NS&I) is to cut the interest rate on its easy-access Direct ISA to 1.25%, a move experts said was a "bitter blow to savers" and further called into question the value of cash products.
NS&I said it would make the 0.25% reduction in mid-November and that the change reflects rates on comparable products. "Interest rates in the easy access ISA market have been in decline over the year...
3% increase on previous tax year
Zurich research reveals confusion
OTS’s second report
Following M&G suspension
No change in the 'near term'
UK goes to the polls on 12 December
Over the course of this week Professional Adviser has revealed the majority of the shortlists for our 2020 PA Awards, the winners of which will be announced at a black-tie dinner in February.
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