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Is inheritance a thing of the past? 23 Aug 2013 | 06:27 pm
The younger generation will have to fend for themselves in the future, a new report suggests, as the elder generation becomes less concerned about passing on an inheritance to their offspring. Ove...
Millions to be compensated for mis-sold credit card protection 22 Aug 2013 | 07:49 pm
Seven million credit card customers could receive compensation worth a total of £1.3 billion over mis-sold protection policies, the Financial Conduct Authority has announced. CPP sold millions of ...
Fixed-rate bonds: is it worth locking your money away? 22 Aug 2013 | 02:54 pm
Banks are hoping to tempt savers to commit to longer-term investments through improvements to their fixed-rate bonds. But is it enough? Tesco Bank is one institution that has recently refreshed it...
Damage limitation for savers as old bonus accounts fade 21 Aug 2013 | 03:24 pm
Savers who tucked their money away in a bonus-laden account before the consequences of the Funding for Lending Scheme struck now need to prepare their next move or see their nest eggs flounder. Th...
Poorer regions abandoned as banks close branches 20 Aug 2013 | 04:19 pm
Banks have been shutting branches in less affluent areas, a new report claims, leaving communities without easy access to their funds. The University of Nottingham study found that banks and build...
Number of available mortgages rises above 10,000 20 Aug 2013 | 02:30 pm
The mortgage market continues to regain strength, with the number of available products climbing above 10,000 for the first time in five years. The number of mortgage products rose to 10,262 last ...
Mortgages at most affordable level since 1999 19 Aug 2013 | 02:33 pm
Mortgages have fallen to their most affordable level since the twentieth century, according to a new survey. The Mortgage Affordability Review by Halifax has revealed that mortgages reached their ...
Yorkshire BS on the charge with competitive two-year mortgage 16 Aug 2013 | 03:56 pm
Amendments to Yorkshire Building Society's mortgage range now makes its two-year fix a best-buy on the market. The society's two-year fixed rate mortgage (65% LTV) has been recently reduced to 1.6...
Current account switching system to launch on September 16 16 Aug 2013 | 02:26 pm
A new current account switching system will launch on September 16th, a month from today, which will allow consumers to switch banks within seven days. Participating banks and building societies w...
Nineteen lenders exit payday loans market 15 Aug 2013 | 02:14 pm
More payday lenders are reported to have quit the market rather than face further scrutiny from the Office of Fair Trading (OFT). The OFT says that of the 50 lenders it had investigated, 19 have n...
