HM Treasury
has announced that the National Savings and Investments 65+ Guaranteed Growth
Bonds have been bought by more than a million older savers, who made total
investments of over £13 billion. These investment figures make the product the
best-selling retail financial product in Britain’s modern history.
The ‘65+
Guaranteed Growth Bonds’ from National Savings and Investments went on sale in
January 2015 and offered savers aged 65 and over an opportunity to boost the
return on their savings by investing up to £10,000 per bond at fixed annual
interest rates of 2.8% for one year bonds and 4% for three year bonds.
The Bonds
are no longer available to purchase with the investment window closing on 15
May 2015.
Internet link: GOV.UK news
For more
information please do not hesitate to contact Cliff Pocock at Ward Williams
Financial Services Ltd on 01932 830664 or by email on wwfs@wardwilliams.co.uk.
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