The Financial Conduct Authority (FCA) has recently dubbed Innovative Finance ISAs (IFISAs) as “high-risk”, emphasising that this type of investment may not be protected by the Financial Service Compensation Scheme (FSCS)
A total of 929,000 people switched to a different current account in 2018, with the Current Account Switch Service achieving its 5 millionth switch in 2018, the organisation revealed in its annual report, published today
A pensions specialist is urging people not to opt out of their workplace pension when their pension contribution increases from 3 per cent to 5 per cent on 6 April
Over the last ten years, savers could have earned £24,340 more if they had invested their full allowance at the start of the tax year, rather than waiting until the last-minute to invest, Hargreaves Lansdown found
The finance industry prevented £1.66bn of unauthorised fraud throughout 2018, effectively stopping £2 in every £3 of attempted unauthorised fraud in the year, according to the latest Fraud the Facts 2019 published by UK Finance
A fifth (10.5 million) of adults in the UK claimed that they are in the worst financial position that they have ever been in, with Brexit and its financial implications adding further concerns, a survey from FairMoney has revealed
HM Revenue & Customs (HMRC) has launched its first criminal investigations under a new money laundering offence, a freedom of information (FOI) request submitted by law firm Greenberg Traurig revealed
The Financial Conduct Authority (FCA) has today published two pieces of research looking at UK consumer attitudes to cryptoassets - such as Bitcoin or Ether - indicating potential harms, including the fact that many consumers may not fully understand what they are purchasing
Savers have missed out on at least £188bn in lost interest over the past ten years, which amounts to £7,701 per household, Hargreaves Lansdown revealed
Over a third (35%) of British adults, which amounts to around 17 million people, think their finances will worsen post-Brexit, rising from 32% in the last quarter, research from Royal London found
A majority (54%) of adults in the UK are unaware that their pension typically goes to the person who is named on their pension policy, rather than their will, putting them at risk of leaving their money to the wrong people, new research has found