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Financial TimesPPF rejected BHS pension offersFinancial TimesBHS's owners made two offers to plug the company's £571m pension scheme deficit in the past three months — but both were dismissed by the UK's pension rescue fund for falling well short of the action it deemed necessary. One of the proposals would ...and more »
Daily MailThe Latest: With sentencing Hastert loses teacher pensionDaily MailAttorney General Lisa Madigan and the Illinois Coalition Against Sexual Assault issued a statement Wednesday, the day Hastert was sentenced to 15 months in a federal hush-money case. He pleaded guilty to breaking banking law while trying to pay ...and more »
The SunWorld's dumbest rappers write 'Scammer' song boasting about their crime spree...before cops bust them on suspicion ...The SunCredit-card fraudsters with ties to a hip-hop group that has a song titled “For A Scammer” spent months ripping off Manhattan's most fashionable stores, sources have claimed. Art apparently imitated life for the Brooklyn-based rappers — dubbed the ...and more »
The SunMy £18000 engagement: Fiancee is left stunned as her boyfriend proposes on a luxury holiday of a lifetime - after he ...The SunA BRIDE-TO-BE'S fiancé secretly saved £18,000 so he could wow her with the best engagement ever. Kate Williams, 25, a nurse, was stunned when her boyfriend of five years suddenly announced they were going away on holiday. She had no idea romantic ...and more »
This is MoneyInvestors Should Brace for a 'Brexistential Crisis' in U.K. AssetsTheStreet.comThe OECD's warning joins that of the International Monetary Fund (IMF), which said earlier this month that a Brexit would be a heavy blow for the global economy. Campaigners for leaving argue that the U.K. would be able to strike its own trade deals ...ALEX BRUMMER: Britain defies the odds despite what its gloom merchant chancellor might be sayingThis is MoneyWhat impact will Brexit have on overseas property owners?What Mortgageall 172 news articles »
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Pensioners face risks selling annuities, says FCA - BBC News

BBC NewsPensioners face risks selling annuities, says FCABBC NewsSignificant risks face those who decide to sell a retirement income - such as running out of money in old age, the City watchdog has said. A market for people to sell their annuity will be launched in April 2017, meaning pensioners can exchange their ...and more »
(21-04-2016)

Heamoor financial adviser Alan Powell is named as the best in the South West - The Cornishman

The CornishmanHeamoor financial adviser Alan Powell is named as the best in the South WestThe CornishmanAn Independent Financial Adviser (IFA) from Heamoor has been named as the best in the South West and eighth best in the UK in a supplement in the Sunday Times. Alan Powell, who launched his company, ... Elite Wealth Management, which is regulated by ...
(21-04-2016)

10 key findings from the DfE's accounts: Bonuses, data breaches and lots more pay-offs - Schools Week

Schools Week10 key findings from the DfE's accounts: Bonuses, data breaches and lots more pay-offsSchools WeekIn 2013-14, the Teachers' Pension Scheme for England and Wales breached its authorised annually managed expenditure (money spent in areas outside of budgetary control) by nearly £400 million. ... And more breaches … this time over personal data.
(21-04-2016)

As a resident of Port Talbot, I know that my community will put its money where its mouth is - The Independent

The IndependentAs a resident of Port Talbot, I know that my community will put its money where its mouth isThe IndependentThis a huge chunk of most employees' annual salaries that would likely necessitate many them borrowing against mortgages or from loved ones, putting a squeeze on everyday life if it were to happen. Wilkie and the Tata management can't expect a blank ...and more »
(21-04-2016)

Record equity release figures mean we're failing an ageing population - Spectator.co.uk (blog)

Spectator.co.uk (blog)Record equity release figures mean we're failing an ageing populationSpectator.co.uk (blog)It enables over-55s to borrow money against equity they have in their home and the cash can be used for any purpose the borrower likes, such as home improvements, holidays, new cars or helping their family. Typically there's ... to raise funds. They ...Equity release enjoys record start to the yearmoneyfacts.co.ukall 5 news articles »
(21-04-2016)

Gemalto charts past, present and future of British payments - IBS Intelligence (blog) (subscription)

IBS Intelligence (blog) (subscription)Gemalto charts past, present and future of British paymentsIBS Intelligence (blog) (subscription)This nifty infographic shows the coins, cash and cheques of the early 20th century, through to the UK's very first credit card in the 1960s, the decimalisation of British currency in the 1970s and the launch of internet banking, contactless payments ...
(21-04-2016)

What the FCA wants to see from advisers on suitability - Money Marketing

Money MarketingWhat the FCA wants to see from advisers on suitabilityMoney MarketingThe FCA has begun contacting about 700 advice firms as part of a wide-ranging review of advice suitability which will cover investments, pension saving and retirement income. Earlier this week, Money Marketing reported the regulator plan's to collect ...and more »
(21-04-2016)

Older homeowners unlocked £393m from properties in early 2016 - The Guardian

The GuardianOlder homeowners unlocked £393m from properties in early 2016The GuardianFigures from the specialist advice company Key Retirement show that almost one in three equity release customers used money to clear debts on credit cards, loans and mortgages. Borrowers who .... DC pensions.......the fees on these are too high in the UK.Record equity release figures mean we're failing an ageing populationSpectator.co.uk (blog)all 5 news articles »
(21-04-2016)

UK gives the thumbs-up to robo-advice - Financial News (subscription)

Financial News (subscription)UK gives the thumbs-up to robo-adviceFinancial News (subscription)Robo-advisers were given a thumbs-up by UK regulator the Financial Conduct Authority in March 2016, opening up a potentially large market for European ETF providers. Barriers remain, though, before fund sponsors can be sure to see significant inflows.and more »
(21-04-2016)

Post Office launches three best buy mortgage deals - This is Money

This is MoneyPost Office launches three best buy mortgage dealsThis is MoneyJohn Willcock, head of Post Office Money Mortgages, said: 'Our new market-leading mortgage deals are evidence that we are committed to supporting all buyers – from those looking to purchase their first home through to those taking their second and ...
(21-04-2016)

UK unemployment rise: Crabb claims Brexit threat could be to blame - The Guardian

The GuardianUK unemployment rise: Crabb claims Brexit threat could be to blameThe GuardianThe threat of a potential vote to leave the EU in June could be partly to blame for the first rise in unemployment in seven months, the work and pensions secretary has warned. Stephen Crabb said the latest labour report, which showed the unemployment ...and more »
(21-04-2016)

'She had nothing left, not even a slice of bread' - County Durham pensioner loses life-savings in romance scam - The Northern Echo (registration)

The Northern Echo (registration)'She had nothing left, not even a slice of bread' - County Durham pensioner loses life-savings in romance scamThe Northern Echo (registration)He wooed her with flowers, chocolates and declarations of love before begging her for financial assistance, telling her he needed to deliver urgent papers to the UK via a courier. An initial payment of £2,000 was met with further demands, with the ...
(21-04-2016)

Iain Duncan Smith on how to save Conservatism - Spectator.co.uk

Spectator.co.ukIain Duncan Smith on how to save ConservatismSpectator.co.ukAs Duncan Smith put it in his speech to the American Enterprise Institute, Conservatives ought to abhor the 'feed-and-forget compassion' of the left, and judge welfare by the extent to which it saves lives, not just money. ... By then, he had become ...and more »
(21-04-2016)

Credit cards remain a big target for Virgin Money - The Times (subscription)

Credit cards remain a big target for Virgin MoneyThe Times (subscription)Virgin Money will push further into credit cards, the challenger bank has said, adding that it is on track to hit a target of £3 billion in credit card balances a year early, by late 2017. Virgin Money is one of the largest providers of balance ...and more »
(20-04-2016)

Seven things you need to know about the new state pension - AOL Money UK

AOL Money UKSeven things you need to know about the new state pensionAOL Money UKThe state pension has changed. In what was hailed as the biggest ever shakeup to state pensions, from 6 April this year, the system of having a basic state pension plus an optional and variable top up was switched for a far simpler version - with one ...and more »
(20-04-2016)
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