Competition in the £700bn cash savings market often does not work well for consumers, particularly those with long-standing accounts, the Financial Conduct Authority (FCA) has found, as it reveals plans to overhaul how the industry works.
High street bank mortgage approvals were down 20% in November compared with the year before, new figures from the British Bankers' Association (BBA) have shown.
The government could face a fresh mis-selling scandal if it fails to prepare for its guidance service, Chris Williams, CEO of Wealth Horizon has said following the Autumn Statement.
Chancellor George Osborne revealed a raft of fiscal changes in the final Autumn Statement of the current parliament. Here we look at some of the winners and losers from the dispatch box announcements...
Chancellor George Osborne announced today that ISAs will retain their tax-free status when transferred after death.
P2P in ISAs: Advisers on risk vs reward
The government is inviting views on bringing peer-to-peer loans within the scope of ISA qualifying investments, and making advice on them a regulated activity.
The changes to pension provision announced in the Budget are far reaching. But in order to access a fragmented pensions market, advisers need to give equal importance to the underlying solution, as well as the method of delivery according to Harry Kerr....