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better news for savers as rate war develops

Published: 22/08/2009

The Scotsman (Main)
Savers frustrated by the rock-bottom returns of recent months have been urged to take advantage of a rates war sparked by lenders anxious to bolster their retail funds.


Andrew Hagger, head of communications at Moneynet.co.uk, cautioned against taking a long-term fix.

 

“Investing in a term of more than three years may see you missing out as there is still a huge appetite from providers to secure retail funds,” he said.
 

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