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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?
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 raising concerns about the damage LISA could inflict on ... 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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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, for example, who fly back to the UK to provide ... read more
IMF chief says 'extremely encouraged' by Ukraine reforms
That achievement keeps global credit markets open to the cash-strapped ex-Soviet state. The IMF and United States put bondholders under intense pressure during the five-month negotiations to accept short-term losses in return for preventing Ukraine's pro ... read more
UPDATE - New executive chairman parachuted in at Gulfsands
Gulfsands’ (LON:GPX) major shareholder has parachuted in its own man to run the cash-strapped oil company. Alistair Beardsall will take over as executive chairman of the firm, replacing chief executive Mahdi Sajjad. A stock exchange statement revealed he ... read more
50 payday loan firms given 12 weeks to change or be shut down but ministers block cap on sky-high interest rates
The Treasury and Department for Business has also unveiled more protection for customers. A new watchdog, the Financial Conduct Authority, will come into force next year and will have the power to impose unlimited fines and get consumers’ money back if ... read more
Calls for payday lenders to offer more debt advice as industry reveals a third of people it declines turn to loan sharks
But debt advice charity Citizens Advice hit back today saying that encouraging cash-strapped borrowers to take out high ... just one in five payday loan cases reported to it. The Financial Conduct Authority has been beefing up rules surrounding payday ... read more
Zacks Investment Ideas feature highlights: Tencent, Alibaba, Baidu, JD.com and YY
Chicago, IL – April 13, 2018 – Today, Zacks Investment Ideas feature highlights Features: Tencent TCEHY, Alibaba BABA, Baidu BIDU, JD.com JD and YY Inc. YY. Chinese Debt Hitting Stocks? Any analyst or market commentator who warns about the debt bubble ... read more