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In his latest market update, Paragon Bank Savings Director, Derek Sprawling, provides his thoughts on how cash ISAs could soon close the gap on equities.

Nearly 40% of savers are financially supporting members of their family due to the cost-of-living crisis, new research conducted by Paragon Bank has found. 

Nearly a third of people aged over 55 feel their home is too big, too small, or won’t be the right size for them as they age, research from Paragon Bank has revealed.

Paragon Bank has relaunched its Triple Access ISA at a market-leading 1.20% AER, further enhancing its competitive ISA range and features.

Analysis of the latest CACI data by Paragon Bank shows that £418 billion of savers’ money continues to languish in savings accounts paying less than 0.1%. 

Derek Sprawling, Paragon Bank Savings Director, comments on today’s Bank of England Money and Credit Report for March. 

Nearly half of instant access savings accounts contain £500 or less, Paragon Bank analysis of the latest CACI data shows. 

Paragon Bank has increased rates across a range of fixed-rate ISAs, including a market leading one-year rate. 

Paragon Bank has increased rates across a range of savings products, including its popular Triple Access ISA and Triple Access Account. 

Instant access non-ISA saving accounts continued to dominate savings balances in December, accounting for 62% of the entire savings market, Paragon Bank analysis of the latest CACI data shows.

Paragon Bank PLC is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Registered in England number 05390593. Registered office 51 Homer Road, Solihull, West Midlands B91 3QJ. Paragon Bank PLC is registered on the Financial Services Register under the firm reference number 604551