Customer confidence in the equity release market is starting to improve after the average amount of accessed property wealth registered an increase, new analysis by Key Later Life Finance has shown
Billions of pounds are currently sitting in the child trust funds (CTFs) of millions of young people aged 12 to 20, the Public Accounts Committee has claimed
The Treasury Committee has criticised the venture capital industry and its failure to invest in firms outside of London and the South East in its latest report
An increasing amount of young people are becoming dependent on the use of credit to manage their finances as a result of the cost of living crisis, Moneyhub Decisioning research has revealed
The average mortgage rate on a two-year fixed deal has now surpassed the peak in the aftermath of the mini-Budget last September.
Data published by Moneyfacts has shown that mortgage costs have now hit their highest level for 15 years
Moneyhub has announced a new partnership that will see wealth management solution provider, Voyant, use Moneyhub’s open banking and open finance APIs throughout its adviser systems
Bosses at HSBC, Natwest, Lloyds and Barclays are expected to meet with the Financial Conduct Authority (FCA) on Thursday (6 July) following concerns that interest rates on savings accounts are considerably lower than increasing mortgage costs.
The number of people making unauthorised withdrawals from a Lifetime ISA (LISA) rose by 56% to 74,650 in the 2022/23 tax year, up from 47,850 in 2021/22
Net mortgage approvals for house purchases increased in May compared to April, to 50,500 from 49,000 respectively, the Bank of England (BoE) has revealed
The “worrying weight of compliance” is having an effect on regulated firms in the emerging financial sectors, with over two thirds saying that they are concerned about committing an anti-money laundering (AML) breach, a survey by SmartSearch has found