Investments

Pen-Life Investment Platform

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Equinox House
Clifton Park
Shipton Road
York, YO30 5PA

Tel: 0800 083 4020

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Investment Funds

Prices, performance charts and financial tools to help with your research.

Banks and Building Society Accounts

Bank and building society accounts offer a secure way of saving and a means of earning interest on monies which are available on demand or at short notice. Higher rates of interest can be earned from larger deposits and by committing funds for a fixed period. The capital sum is fixed and if the interest is taken as income and spent, then the purchasing power of the remaining capital falls as inflation puts prices up.

Income from bank and building Society accounts is normally taxed at source, but you may be liable to higher rate tax. Accounts for children and non-taxpayers can pay interest gross.

Last updated on April 06, 2012

The Financial Services Authority does not regulate loans or all forms of Mortgage.

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Pen-Life Associates Ltd is authorised and regulated by the Financial Services Authority (http://www.fsa.gov.uk/register/home.do). FSA Registration No: 212972

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