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FCA: UK Millennials Are Cash-Strapped, Under-Invested - Latest News

Moneybox app encourages 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 ... read more

Is the Lifetime ISA a stalking horse for pension reforms?

Hargreaves Lansdown is not responsible for this article's content ... While few would begrudge the extra help the LISA will offer cash-strapped and indebted under-40s, there have been many voices rais... read more

Wonga to pay $4.4 million compensation for fake legal letters

LONDON (Reuters) - Britain's biggest payday lender Wonga will pay ... exposed at Wonga. The FCA, which took over responsibility for consumer credit in April, has been cracking down on the industry to ... read more

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Blog: dementia tax policy brings home issue of care funding

Budget pressures are distorting the market, with cash-strapped governments, whether local or national ... The care system is reliant on intra-EU migration. I am aware of UK nationals resident in Spain ... read more

Savers and investors still in the dark on what financial advice is costing as new rules fail to lift lid on fees

But the FCA has been reviewing how these rules have worked, and its research among 113 firms, particularly wealth managers and private banks, which tend to actually manage money, were falling short of ... read more

How to find the best robo-adviser to invest with - and do they really offer financial advice?

Robots have been given a bad rep in many Hollywood films including The Terminator but the advent of robo-advisers is tipped to be a boon for individuals with small savings pots Nutmeg is the most esta... read more

Comment: Pension tax relief is at the mercy of a cash-strapped chancellor

Although David Gauke, the secretary of state for work and pensions, recently said there was no consensus on reform of pension savings incentives, he also acknowledged the Treasury needs to think about ... read more

Payday Loans To Be Capped By Government

The cost of payday loans will be capped under new laws by early 2015 ... New financial regulator the Financial Conduct Authority (FCA) will now be forced by the Government to cap the loans. The Govern... read more

After Pirelli, Chinese shopping spree in Italy to continue

MILAN (Reuters) - After years of economic decline, Italy has become a hunting ground for Chinese companies keen to take control of prized but cash-strapped corporate names ... open European markets an... read more

Goldman Sachs Accused of Financing Venezuela's 'Dictatorial Regime'

The president of Venezuela’s opposition-run Congress on Monday accused Wall Street investment bank Goldman Sachs of “aiding and abetting the country’s dictatorial regime” following ... billion in bond... read more

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