Simon Healy, Managing Director for Savings at Aldermore, says:
“The low rate environment may put many people off saving in the first place, but we shouldn’t use it as an excuse to not save at all. Savers need to continue to shop around and look at some of the new providers who continue to offer the best savings rates. We should all make the most out of the tax benefits that ISAs provide.
“On the upside, the introduction of the Personal Savings Allowance in April means more of us will be able to keep the interest on our savings without it being taxed. We ultimately want a savings regime that rewards people for putting aside their hard earned surplus cash.”
For further enquiries, journalists can contact:
Adam Taylor, Cicero Group
Phone: 0207 297 5971
Rachael Snelling, Aldermore
Phone: 0208 1853 102
Notes to editors:
For further information about Aldermore, our financial backers and our PR contacts, please review our Notes to Editors page.