Fixed Income in the News
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25% surge in life insurance sales over past year
Sales of ‘pure protection’ life insurance rose 25% to £431m in the year to June 2024, up from £345m the previous year,…
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Santander updates its affordability calculations following Bank of England base rate cut
Santander UK has today announced it has reduced its residential affordability rates, following the Bank of England’s base rate cut in February. …
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Top easy access rates take the brunt of cuts
Disappointing news for savers as most market-leading rates have fallen, and they are encouraged to urgently review their rate. Moneyfactscompare.co.uk reveals the top rate…
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Over 80% of lifetime mortgage clients look for low rates when talking to advisers – Pure Retirement
Despite the challenging market conditions following the 2022 mini-budget, 82% of surveyed advisers found that clients continue to look for low interest…
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Most consumers don’t know what they would cut back on if they couldn’t work through illness or injury
A new survey from income protection provider Cirencester Friendly reveals that many people simply don’t know what they would cut back on…
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PFS Purely Paraplanning 2025: details announced
The Personal Finance Society (PFS) has announced details of its Purely Paraplanning 2025 event. The programme is designed to help attendees navigate the paraplanning…
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Surprise rise in UK inflation keeps pressure on – industry reaction and analysis
The latest UK inflation figures from the ONS bring unwelcome news, as CPI inflation surged to 3% in the year to January—outpacing…
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Guest insight: why the Financial Services industry’s confidence in AI must be paired with responsible adoption
The Financial Services industry is keen to seize opportunities from AI adoption, but sustainable success hinges on high-quality data and responsible strategies…
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Halifax: First-time buyer market rebounds as a fifth more stepped on the ladder last year
The number of first-time buyers stepping onto the property ladder rose to 341,068 last year, up 19% compared to 2023. According to…
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NS&I hikes Direct ISA interest rate amid Cash ISA competition
Laura Suter, director of personal finance at AJ Bell, comments on NS&I changing rates on its products: Cash ISAs “ISA season is in full…
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