Premium bonds rule changes
New Premium Bond rules
Following the chancellor's budget on 19th March 2014 Premium Bond rules have changed. Previously, savers were limited to investing a maximum of £30,000 in premium bonds. In an effort to encourage greater savings the Chancellor has introduced a number of measures such as the New ISA, as I wrote about in my previous article. Furthermore, the Chancellor has been bold enough to introduce revolutionary rules on pension annuities to be discussed in an upcoming article. Added to these measures to encourage savings are changes to the much loved Premium Bond.
Premium Bond Changes
Are Premium Bonds a good investment?
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