Lloyds Banking Group has seen its profit after tax fall by 42% year-on-year in the third quarter to £778m, following an £800m charge for motor finance compensation arrangements
Fears around additional pension reforms in the upcoming Autumn Budget have led to a 33% increase in SIPP withdrawal requests from Bestinvest’s do-it-yourself investors in September
Three in five (60%) cash ISA holders in the UK could be persuaded to move some of their funds and invest in a stocks and shares ISA, a new report from Royal London has stated
Today's round up of developments coming out of the consumer finance space, featuring Hampshire Trust Bank, Buckinghamshire Building Society and Pepper Money
Net mortgage approvals for house purchases decreased by 500 month-on-month in August to 64,700, despite the base rate being cut to 4%, the Bank of England (BoE) has revealed
Around one in three people (32%) believe they will need an inheritance to have enough income to live on in retirement, new research from Hargreaves Lansdown has shown.
A study by the investment platform revealed that 44% of respondents said they wouldn’t need an inheritance, while 24% said they were unsure