Individuals repaid £1.4bn of mortgage debt on net in July following a record net borrowing in June of £17.7bn, new figures published by the Bank of England (BoE) have revealed
The money purchase annual allowance (MPAA) is posing a hidden risk to over-55s who have accessed their pension early because of the coronavirus pandemic, Aegon has warned
PayPal is launching a new service that will enable its UK customers to buy, hold and sell cryptocurrency.
The service, which starts rolling out this week, will allow customers to choose from four types of cryptocurrencies – Bitcoin, Ethereum, Litecoin and Bitcoin Cash – and marks the first international expansion of PayPal’s cryptocurrency offering outside of the US
Around four out of five (78%) financial advisers are now asking their retirement clients in the fact find stage about what gives them “meaning, purpose and happiness”, according to research from Aegon
Almost half (46%) of people who have received or are expecting an inheritance leave it in a current or savings account, a study from Hargreaves Lansdown has found
People with a financial adviser are four times more likely than those without one to have high levels of financial wellbeing, a new study from Aegon has found
Over 3.6 million UK adults are unaware how many pensions they have and risk paying more in fees than necessary, according to new research by Scottish Widows
The second charge lending market has now hit pre-pandemic levels of lending and surpassed the £100m barrier, according to the latest Secured Loan Index from Loans Warehouse
Workers earning between £10,000 and £20,000 a year who lost income during the pandemic have missed out on a collective £122m in pension savings from their employers, according to research from Scottish Widows
Net mortgage borrowing rebounded to £6.6bn in May from £3bn in April, but remained below the record £11.4bn in March, according to the Bank of England’s monthly Money and Credit statistical release