Pensioner bonds safe as NS&I cuts Guaranteed rates

Pensioner bonds safe as NS&I cuts Guaranteed rates

Category: Savings

NS&I announced today that it is cutting the rate on its three-year Guaranteed Growth and Guaranteed Income Bonds by 0.25%, effective immediately. Luckily for those coming to the end of their Pensioner Bond term , however, those who roll over will be spared the rate cut. But is it your best option? Three-year fixed rates

National Savings and Investments (NS&I) are backed by the Government, so while savers can feel extra secure, NS&I also have to achieve a certain balance in their finances. That’s why, given the popularity of all their accounts, they’ve now decided to reduce […]

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