Latest News
UK’s working carers’ financial and mental wellbeing on the brink
Leading employee benefits provider Unum UK warns that carers’ financial and mental wellbeing is currently a major cause for concern, as over 1 in 5 workers consider themselves in the ‘sandwich generation’ (juggling dual caring responsibilities for children and ageing...
Are AirPods good or bad for office culture? Small business owners share their views
New survey reveals 42% of Brits would leave the UK for their retirement if able to
PIMFA calls on Government to embrace a generational opportunity to re-energise the UK retail investment market six months on from Edinburgh Reforms
VR/AR Apple enters the fray
Written by Patrick Garvin, Product Director, Asian and Emerging Market Equities at Invesco The launch of Apple’s mixed reality headset was always going to garner a lot of attention, given its history of successfully launching mass-market products. It’s an event we’ve...
Are we heading for a property market crash? Experts deliver their views
Following the Halifax reporting earlier this week that house prices registered the first annual contraction in more than a decade in May, UK newswire, Newspage, asked property experts if a property market crash is on the cards. The views of 10 can be seen below....
PIMFA warns of ‘halo effect’ from FCA marketing rules for crypto-assets
PIMFA, the trade association for wealth management, investment services and the personal investment and financial advice industry, has raised concerns about the Financial Conduct Authority’s (FCA) proposals regarding the marketing of crypto-assets, specifically their...
Business & Development
PIMFA calls on Government to embrace a generational opportunity to re-energise the UK retail investment market six months on from Edinburgh Reforms
PIMFA, the trade association for wealth management, investment services and the personal investment and financial advice industry, has...
VR/AR Apple enters the fray
Written by Patrick Garvin, Product Director, Asian and Emerging Market Equities at Invesco The launch of Apple’s mixed reality headset was...
Industry experts react to delay of Pension Dashboards Programme
It was announced earlier this morning that the Department for Work and Pensions (DWP) has delayed its Pensions Dashboards Programme until...
Pensions dashboards connection date delayed again until 2026
Written by Tom Selby, head of retirement policy at AJ Bell The industry and government have had years to prepare for pensions dashboards....
Invesco continues partnership with Dementia UK to raise vital funds to support families facing dementia
Investment management firm Invesco is supporting Dementia UK – the specialist dementia nursing charity – as its charity partner from 2022...
Economy
Widespread investor fear that banking crisis will damage economy
The majority of retail investors in the UK are concerned that the banking sector’s recent collapses will damage the wider economy, new...
Global HNW population sees biggest decline in size and wealth for over a decade finds Capgemini World Wealth Report
Capgemini’s World Wealth Report, published today, reveals the global high-net-worth-individual1 (HNWI) population dropped by 3.3% to 21.7...
Aegon welcomes Government’s Long-term Investment for Technology and Science (LIFTS) initiative
In a statement released on Friday afternoon, Aegon said that it welcomes the Long-term Investment for Technology and Science initiative,...
Ofcom energy price cap announcement – reaction from energy, money and mortgage experts
Following the news that Ofgem is lowering its energy price cap from £3,280 per year to £2,074 for the average household in England, Wales...
Resolution Foundation reacts as wholesale gas prices finally feed through to lower energy bills
Wholesale gas prices at last feed through to lower energy bills, but consumers still face bills up 80 per cent up on pre-crisis levels...
Insurance and protection
UK Employees left uninsured as the protection gap widens
New data has revealed that UK employees are woefully under-insured, with employers contributing to a widening protection gap. According to...
Royal London appoints Jon Fuller to lead new specialist protection distribution team
Royal London, the UK’s largest life, pensions and investment mutual, has appointed Jon Fuller as Head of Specialist Protection...
Three quarters of consumers cite prompt claim payment as the top indicator of ‘good value’ protection
Almost three quarters (72%) of consumers believe the speed of any claim payment is the key driver of “good value” according to new...
HSBC Life supports more customers as it opens up value-added benefits
HSBC Life (UK) Limited is extending its Value-Added Benefits proposition to new customers who apply for protection cover via external...
National Friendly: Underwriter explains the importance of fairness & flexibility
National Friendly’s Head of Marketing Caitlin Dewar and Senior Underwriter John Fotheringham have discussed the latter's fresh approach to...
Mortgage & Property
Are we heading for a property market crash? Experts deliver their views
Following the Halifax reporting earlier this week that house prices registered the first annual contraction in more than a decade in May, UK newswire, Newspage, asked property experts if a property market crash is on the cards. The views of 10 can be seen below....
Is Brexit to blame for planning applications falling sharply? Industry experts react
Following ONS data published yesterday showing planning applications and granted planning permissions in England were down sharply in Q1 2023, UK newswire, Newspage, asked property experts why they believe this is the case. Matt Baldock, Director at Charles David...
Legal & General Mortgage Club appoints two new Managers and expands leadership team
Legal & General Mortgage Club has appointed Michelle Westley as Propositions Manager and Stephen Nobes as Key Relationship Manager. Michelle joins Legal & General from her previous position as Head of Marketing at Brightstar, while Stephen formerly served as...
Crest Nicholson interim results – reactionfrom property experts
Following the Crest Nicholson interim results published this morning, Samuel Mather-Holgate of Mather & Murray Financial, John Choong, from InvestingReviews.co.uk and Graham Cox, from SelfEmployedMortgageHub.com have all commented. Samuel Mather-Holgate of...
UK house prices flat in May as annual growth turns negative latest Halifax HPI reveals
Written by Kim Kinnaird, Director, Halifax Mortgages House prices were largely unchanged in May, edging down very slightly (-£130) compared to April, with the average UK property now costing £286,532. More notably the annual rate of growth fell to -1.0%, marking the...
PRIMIS Mortgage Network comments on UK Finance Household Finance Review
As today’s UK Finance Household Finance Review statistics show mortgage activity being propped up by remortgaging, Vikki Jefferies, Proposition Director at PRIMIS Mortgage Network has commented. She said: “After a turbulent Q4 2022, today’s figures show sustained...
Regulation & Compliance
PIMFA warns of ‘halo effect’ from FCA marketing rules for crypto-assets
PIMFA, the trade association for wealth management, investment services and the personal investment and financial advice industry, has...
FCA cracks down on crypto promoters as it reveals 10% of people risk losing their money – Quilter reaction
Following the FCA’s press release on the new rules for marketing cryptoassets, Rio Stedford, financial planning expert at...
FCA introduces tough new rules for marketing cryptoassets
Those marketing cryptoassets to UK consumers will need to introduce a cooling-off period for first time investors from 8 October 2023,...
Uncovering advisers’ attitudes to personal compliance
As the FCA’s Consumer Duty deadline approaches, IFA Magazine’s recent reader survey carried out in conjunction with specialist T&C and...
Half advisers believe FCA should recommend different investment approaches for decumulation and accumulation, finds Copia
A poll of advisers by Copia Capital Management [Copia] reveals that more than half (52%) believe the Financial Conduct Authority's...
Digest
UK’s working carers’ financial and mental wellbeing on the brink
Leading employee benefits provider Unum UK warns that carers’ financial and mental wellbeing is currently a major cause for concern, as over 1 in 5 workers consider themselves in the ‘sandwich generation’ (juggling dual caring responsibilities for children and ageing...
Are AirPods good or bad for office culture? Small business owners share their views
UK newswire, Newspage, asked a selection of business owners, from HRs and marketers to mortgage brokers and IFAs, whether wearing AirPods in the office is anti-social, hindering creativity and team work, or is essential to help staff concentrate. They share their...
New study reveals the state of financial literacy in the UK
The cost of living crisis has made it even more important to understand the ins and outs of our personal finances. However, with the world of finance being fraught with confusing jargon, it's no surprise that many of us regularly feel overwhelmed. To find out how much...
Data reveals surge in teachers who can’t afford to pay into their pension
The number of teachers opting out of the Teachers’ Pension Scheme (TPS) because they cannot afford to continue contributing has risen by more than two-thirds over the last year, new data has shown. Figures from the Department for Education, analysed by specialist...
Employee engagement experts reveal five ways to motivate remote workers – and why time-tracking software ISN’T the answer!
It’s no secret that remote working has become widespread in the UK. In fact, 16% of employees reported solely working from home between September 2020 and January 2023. There are many harmful misconceptions surrounding remote working, including the concern that...
Investing According to Artificial Intelligence
With Google recently releasing the most advanced AI Chatbot on the market in Bard, people in various industries all around the world have found different ways to utilise it to help them in both their work and leisure life. At the moment, AI’s capabilities seem...
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