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Expat Savings
Nest-eggs lined with protection and profit
It's a tough time for both expat savers and offshore deposit-takers. So we’ve collected comment from key financial companies on the current state of play viz the world of offshore sterling savings accounts. We also asked these leading savings accounts’ providers for their views on issues such as security, rate chasing versus rate consistency and products that are matching today’s tough climate conditions. Here’s what they most want you – the saver – to hear.
...more on 'Nest-eggs lined with protection and profit'Extra deposit protection for temporary high balances
The UK’s Financial Services Authority (FSA) has issued a consultation paper seeking views on whether the Financial Services Compensation Scheme (FSCS) should provide extra protection for holders of temporary high deposit balances in the event of the failure of a UK bank, if the EU Deposit Guarantee Schemes Directive provides the UK with the scope to provide such protection.
...more on 'Extra deposit protection for temporary high balances'