Savers have continued to focus on one-year fixed rate accounts, Paragon Bank analysis of market data has revealed.

Paragon Bank has increased the rate of its 1 Year Fixed Rate ISA to a market leading 5.75%.

Paragon Bank has bolstered its access savings account range with the launch of a Double Access savings account, paying a market-leading rate of 4.60% AER. 

Savers are leaving a third of adult ISA and non-ISA instant access balances in accounts earning 1% or less in interest despite the increasing rate environment, Paragon Bank analysis has revealed.

Paragon Bank has increased rates across a raft of fixed-rate, ISA and Notice savings accounts. 

More than one in 10 over 55-year-olds are moving, or would like to move home, in the next 12 months, Paragon Bank research has revealed.

A quarter of Britons aged over 55 lack confidence in their current financial position and nearly half have experienced a reduction in their disposable income, Paragon Bank research has revealed.

Paragon Bank has increased rates on its one and two-year fixed-rate ISAs, available from today. 

Paragon Bank has given savers a boost in the new tax year with the relaunch of its Triple Access ISA account, paying 3.35% AER.

A near net £40 billion flowed into fixed-rate savings accounts in the period between Jan 2 and April 9 as savers responded to higher rates.