I am planning to save money for the future maybe instead of going the pension method by putting £6000 into a bank account now and adding £100 a week to that account for the next 30 years. What would be the best bank/account type to do this and by rough estimation how much would I get back after 30 years saving this way?
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Interesting question ~ and I’m a little surprised that you have posted it ~ if you have that sum of money to save then obviously you are doing something right, and if you then wish to put a £100 a week into it, then you must be doing quite well.
The pension side is a possibility because you get tax relief on your pension contributions, at the present time I can’t see that a bank would beat this over a 30 year span.
Having said all that ~ no one here can give you direct advice because you need to speak to someone who is licensed under the Financial Services Act
So in a nutshell, speak to a totally independent adviser, not someone connected to any bank or building society