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Showing posts with label pensioners bond. Show all posts
Showing posts with label pensioners bond. Show all posts

Sunday 8 February 2015

Pensioner bond extension

The very attractive 1 and 3 year NSI over 65 bond offer is to be extended to May. Many pensioners have already signed up as they pay, even after tax, high interest rates by modern standards. If this is an attempt to encourage saving in the UK, then it is working.

See http://www.bbc.co.uk/news/uk-politics-31241867 .

Friday 12 December 2014

NS&I Pensioner's Bond

See http://www.bbc.co.uk/news/business-30452877 .

Starting in January, pensioners over 65 years old can apply for a Pensioner Bond  up to £10k with a return of 4% before tax. This is a better rate than anything available currently. Interest will be paid at the end of the term. For 4% gross, this is in 3 years time.