Tuesday 16 August 2011

How to shield savings from inflation

After today's news that the Consumer Price Index rose to 4.4% from 4.2%, ways to save and get protection from inflation - courtesy of Moneyfacts.


Provider
Account
Rate
Term
Minimum Investment
Cambridge BS
Inflation Linked Bond
1.00% plus RPI
16.9.16
£5,000
NS&I
Index Linked Savings Certificates
0.50% plus RPI*
5 Years
£100
Post Office
Inflation Linked Bond Issue 2
0.50% plus RPI
10.10.14
£500
Post Office
Inflation Linked Bond Issue 2
1.50% plus RPI
11.10.16
£500
Santander
Inflation Linked Bond Issue 4
110% of the growth in the Retail Prices Index (RPI), or a guaranteed minimum return of 12%, plus original investment returned
1.4.17
£1
Yorkshire BS
Protected Capital Account – Inflation Linked 8
100% of the growth in the Retail Prices Index (RPI), or a guaranteed minimum return of 16%, plus original investment returned
15.9.17
£3,000
Yorkshire BS
Protected Capital Account – Inflation Linked 7
100% of any annual growth in the Retail Prices Index (RPI), or a guaranteed minimum of 1.5%, plus original investment returned on maturity
17.10.17
£3,000
* Interest earned tax-free
Source: Moneyfacts.co.uk 15.8.11




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