MoneySavingExpert News Banking Government demands simple savingsThe Government has begun its crusade to make savings products simpler. 14 December 2010 Inflation rise means all savings are 'losing' accountsNo standard savings account can beat the current rate of inflation, meaning virtually every savings vehicle is a 'losing' account if the cost of living continues to rise at the same pace.14 December 2010 Northern Rock 3% savings deal is highest in six monthsSavers who want easy access to their cash can now earn 3% interest via a new deal from Northern Rock.13 December 2010 Bank charges higher than pricey payday loansCharges for exceeding your overdraft are often far higher than exorbitant payday loan costs despite an overhaul of fees by many banks.10 December 2010 Base rate held at 0.5% againThe Bank of England today announced it is holding the base rate at its 0.5% historic low for the 21st consecutive month.9 December 2010 Compulsory annuities scrapped in pension shake-upThe Government today confirmed plans to scrap rules forcing everyone to use pension savings to buy an annuity by age 75.9 December 2010 Government 'Nest' pension fees could hit joiners for 20 yearsThe Government has confirmed savers who join its new pension fund from 2012 will have to pay a premium for up to two decades to cover set-up costs.24 November 2010 Banks warned over debt 'charging orders'Banks have been ordered to stop harassing consumers with heavy handed threats for the non-payment of relatively small debts.22 November 2010 Forum members warned of spam emailsHackers are sending emails purporting to be from the MoneyExpert.com website but addressed to usernames of MoneySavingExpert.com forumites.18 November 2010 Irish banks: are your savings protected?Almost two million UK savers with cash in an Irish bank may be nervous about the safety of their money due to the crisis facing the country's economy.16 November 2010 First112113114 Suggest a story Got a money-related news story that affects you? Email us