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FCA: UK Millennials Are Cash-Strapped, Under-Invested - Latest News
Got any spare change? New app coaxes cash-strapped millennials into investing - by rounding up everyday spending
Moneybox's makers say they want to open investing up to millennials - those aged between 18 and 35 ... although these are kept at a low level Is it safe to use? The company is FCA authorised so if it was to go bust, your investments would be protected ... read more
Is the Lifetime ISA a stalking horse for pension reforms?
While few would begrudge the extra help the LISA will offer cash-strapped and indebted under-40s ... While this may seem obviously unwise, the FCA was so concerned about workers being tempted by the LISA, it has proposed measures to warn savers about ... read more
Payday lenders offering up to 6,000% interest on loans face new cap of 100% from January - so does this mean they will go out of business?
The Financial Conduct Authority (FCA) has cut the cost of short-term loans ... debt charities and politicians have been warning for months that something must be done to protect cash-strapped borrowers from eye-watering interest rates, unjustifiable ... read more
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Aviva snaps up robo start-up to impress time-poor, cash-poor millennials
Its push to attract more customers who are millennials - typically those born between 1980 and 2000 - contrasts with an internal goal to recruit more older people. Aviva UK plans to hire another 1,000 employees older than 50 by 2022, the company said ... read more
Prudential treads carefully with investors in hunt for new CEO
Prudential's relationship with investors and regulators soured in the run-up to Thiam's ill-fated attempt to acquire Asian rival AIA Group in 2010, when cash-strapped shareholders ... declined to comment. The Financial Conduct Authority (FCA), the FSA's ... read more
First-time buyers, payments, high-cost credit and lending
Payments are the lifeblood of the UK’s economy. They underpin our daily lives, from the morning coffee we buy before work, receiving our salaries and pensions, sending cash-strapped ... executive of the Financial Conduct Authority, said a cap would ... read more
Webb: Gov't must stop the incessant pension changes
The lifetime allowance was cut in 2012, 2014, and 2016, while the annual allowance was reduced in 2014 and 2016. This meant a cash-strapped chancellor was always likely to be sniffing around tax relief for a spare half a billion pounds. This was especially ... read more
Bono & Bruno
What's the exchange rate for euros? manfaat obat cefixime tablet cnet Woods eventually finished joint third, all hope of victory squandered by an uncharacteristic error at the par-four sixth – where he had tried to escape from the deep green-side bunker ... read more
Issue 36: January/February 2015
Jersey office: Floor One, Liberation Station, Esplanade, St Helier, Jersey JE2 3AS London office: Gunnery 32, Citibase, 9-11 Gunnery Terrace, Woolwich Arsenal, London SE18 6SW © Chameleon Group Limited, all rights reserved. Reproduction in whole or in ... read more