The FCA has banned Adrian and Christine Whitehurst, former directors of debt management firm First Step Finance Limited (now dissolved), for dishonestly misappropriating client money. Over 4000 customers lost a total in excess of £6m as a result of their actions
One in eight people within 20 years of retirement who have an above average income have told Alliance Trust Savings that they don’t know how – or when –they will be able to afford to stop working
Halifax has today (2 October) become the third lender in less than a week to increase the interest rates on its mortgage products. Its rates will increase by up to 0.2 percentage points, although for some products the rise will only be between 0.05 and 0.1 percentage points.
Remortgaging by home owners totalled £6.7bn in July, 12% more than in both the preceding month and in July last year, according to latest figures published by UK Finance
Fixed rate bonds are now returning 1.13% over one year and 1.6% over the longer term, representing a "move in the right direction", Hargreaves Lansdown has said
The cash ISA market is deteriorating at "such an alarming rate" that fixed rate bonds are now "far superior when comparing both average returns and the best available deals", latest research has shown