Finance News

RETIREMENT interest-only mortgages are a type of loan that were reclassified by the Financial Conduct Authority in 2018. The regulations for these loans were eased and they were officially classified as standard mortgages, resulting in a wider range of lenders having access to the market. Recent analysis shows that there has been a huge spike in the availability of these ...

PENSIONS are collected over a lifetime and it is generally believed that modern workers are likely to have been in more jobs than previous generations. This could result in many people struggling to keep track of all their pots, especially when taking into account auto-enrolment rules. Recent analysis has been given to this modern issue and some are calling on ...

BRITISH 3D technology expert Cadscan, whose customised insoles help prevent diabetic foot ulcers, is seeking up to £1million of growth investment for a mass market roll-out of its foot-scanning process and products. Daily Express :: Finance Feed

MARTIN LEWIS revealed the best bank accounts to get a generous switch reward now during an appearance on This Morning today. Banks across the UK high street often try to entice customers to switch to their accounts with the use of cash incentives – the money saving expert shared his top picks. Daily Express :: Finance Feed

STATE pension is generally affected by life expectancy. Traditionally, pensions were expected to comfortably provide for those retiring in their mid 50s to 60s. However, this has changed as people are generally living longer, resulting in pensions having to stretch much further in later years – but shock new data may switch this again. Daily Express :: Finance Feed

LIFETIME ISAs are savings accounts that allows individuals to put money aside as well as receive a tax free bonus from the government. The bonus is given for a home purchase and many will likely primarily use it for the house itself. However, one savvy savour highlights that it can cover other costs associated with a house purchase, including notoriously ...

THE FTSE 100 has dropped by nearly 13 percent in the biggest collapse since the financial crisis in 2008. Daily Express :: Finance Feed

ACTION movie legend Steven Seagal has been forced to hand over more than $ 300,000 in settlements over his involvement in a cryptocurrency investment. The Securities and Exchange Commission – the US version of the Financial Conduct Authority – says that the film star and musician failed to disclose he was being paid by a cryptocurrency firm to promote its ...

COUNCIL tax is a fee that is paid over 10 or 12 months that funds local services. Council tax rates rates are different across the country, being split into bands based on specific locations. These rates will rise in April, with recent research showing that many councils will raise their bills by the maximum amount possible for the coming tax ...

STATE pension is received by everyone in the UK who hits certain eligibility requirements and has sufficient amounts of national insurance contributions. When a person can receive state pension and how much they’ll get depends entirely on the person’s individual qualifying state pension age. There will be a rise in this state pension age next week which will affect thousands. ...