Marks and Spencer have announced their new Ethical Investment Fund which will invest in UK based organisations that make a positive contribution both to the environment and the communities in which they have an effect.
Investors are driven by more than just money now, wishing to consider where their money is invested as well as how much it earns. The M&S Ethical Investment Fund is perfect then for this type of conscientious investor and is also expecting to generate good returns too. In fact an ethical fund topped the charts of all investment funds only last week, so there is clearly plenty of growth potential.
The fund will be managed jointly by Jupiter Asset Management and Sinopia Asset Mgt, two organisations with good track records in the ethical investment arena. For those wishing to learn more about the new fund there is information available via the Marks and Spencer website.
Tesco Finance has just announced an improved rate for its internet saver account, paying 6.25 percent AER for 12 months.
The finance arm of Tesco has brought in a 12 month additional interest bonus of 1.5 percent, enabling them to bring this outstanding rate to the market. As a spokesman for the company said, this offer could not be timed any better, since consumers are now looking for the best savings rates possible as they look to make the most of their money.
Customers can invest up to GBP100,000 in the Tesco Finance Savings Account, enjoying the bonus interest rate for the first 12 months, after which it will revert to its regular 4.75 percent AER.
The Abbey National has found that over sixty percent of UK holidaymakers have used savings to finance a holiday this year, while others are using the money to pay for a holiday before it even gets to the savings account.
Over a quarter of people surveyed by the Abbey National felt that the best thing to do with the spare money they had was to use it to finance a holiday rather than put it into a savings account or other savings vehicle.
A spokesman from the Abbey National suggested taking a little bit of the money that was being allocated to holidays and use it to build up some savings. This way the person gets their holiday but also begins to build a savings fund that may well prove essential in the future.
