The Moneyfacts Awards have recognised the best in UK financial providers for the past decade, and as the country enters a new financial year, with a new government and turbulent economic climate, this year the ceremony provides important, key indicators as to where consumers should invest and why.
With 30 categories, including Best Credit Card Provider, Best Offshore Account Provider and Best Over 50’s Account Provider, the awards cover all angles of personal investment and savings options that offer consumers information on how best to make their money work.
Whether you’re aiming to invest for the future of your children via ISA’s and trust funds, or mapping out your own future and are looking for an alternative to the traditional pension option, such as high interest investments and offshore savings, the awards nominate six finalists for each category, which offers a broad market picture of key providers both on the high street and abroad.
The ceremony, which took place on 11 June and was hosted by ITV News Economic Editor Daisy McAndrew, was attended by more than 300 industry professionals. Presenting those companies that have consistently offered the most competitive products, the best levels of service and shown the greatest innovation in the personal finance world during the last twelve months, the awards went to:
Best HIP Provider – dhips
Best Service from a Mortgage Provider – Cheltenham & Gloucester plc
Best No Notice Account Provider – Leeds BS
Best Notice Account Provider – Leeds BS
Best Monthly Interest Account Provider – ING Direct
Best Fixed Rate Account Provider – Post Office
Best Internet Account Provider – Intelligent Finance
Best Over 50s Account Provider – United Trust Bank
Best Children’s Account Provider – Harpenden BS
Best Cash ISA Provider – Halifax
Best Offshore Account Provider – Alliance & Leicester International
Best Current Account Provider (Credit Interest) – Alliance & Leicester
Best Current Account Provider (Debit interest) – Alliance & Leicester
Best Personal Loan Provider – Tesco Bank
Best Credit Card Provider (Introductory Rate) – M&S Money
Best Credit Card Provider (Standard Rate) – The Co-operative Bank
Best Credit Car Provider (Balance Transfer Rate) – Virgin Money
Best Gold/Platinum Card Provider – The Co-operative Bank
Innovation of the Year – Buckinghamshire BS – Big Bucks Bond
Personal Finance Provider of the Year – Santander Group
Sylvia Waycot, Editor of Moneyfacts said: “After months of trying times, a cautious optimism is returning, with the mortgage sector seeing product numbers beginning to rise and the savings sector continuing its fight to provide reasonable returns, despite the record low base rate.
These awards demonstrate a firm commitment by providers to quality and choice across a wide range of products. This was very evident in the makeup of our shortlists and why winning a Moneyfacts Award really is something to shout about.”
As the UK’s leading independent provider of personal finance information, the Moneyfacts Awards have become a key indicator of true value in the market place – rigorous product monitoring is carried out throughout the preceding year and the broker community is also consulted for their feedback. This ensures that the awards showcase those providers supporting the sector, at a time when its success and growth has never been more important.