Mar 18, 2022 | Newsletter
In December 2021, the United Kingdom’s Financial Conduct Authority (FCA) issued a consultation paper publishing a revised proposed new Consumer Duty that would govern FCA-regulated firms’ interactions with retail clients. According to the FCA, the Consumer Duty would...
Mar 17, 2022 | Newsletter
UK’s FTSE 100 fell on Friday as weakness in healthcare stocks and simmering Russia-Ukraine tensions offset optimism around better-than-expected January retail sales data, while the benchmark stock index recorded its biggest weekly drop in three months. The...
Mar 16, 2022 | Newsletter
The stock market has been rocky lately, and that volatility can be concerning to investors. Coupled with the economic uncertainty we’re facing right now (including surging inflation and potential interest rate hikes this year), some investors worry a crash is...
Feb 28, 2022 | Newsletter
VCTs bounced back in 2020/21, raising 4% more cash than the previous year and almost twice as much as a decade earlier. The current tax year is expected to see even more cash flood in, as investors shelter their money from dividend tax rises in April. But while the...
Feb 26, 2022 | Newsletter
Plan B measures hit retailers by more than expected in December as official figures showed sales volumes slumped 3.7%. Clothing retailers and department stores were among the worst affected, with the week’s headline number from the Office for National Statistics much...
Feb 24, 2022 | Newsletter
The British government is the latest country to strengthen rules around the advertising of crypto-assets as it aims to legislate against misleading promotions. In the same week that Spain issued stronger guidelines around cryptocurrency advertising and Singapore...
Feb 22, 2022 | Newsletter
Every month, more than ten million people squirrel away some cash towards retirement. But are we saving enough to live comfortably in later life – and retire when we want? Surprisingly few people are able to answer that question. Although one in four aims to retire at...
Feb 20, 2022 | Newsletter
Britain’s cost of living crisis worsened in December after inflation jumped to 5.4% – its highest level in almost 30 years – driven by the higher cost of clothes, food and footwear. Heaping further pressure on Bank of England policymakers to raise interest rates when...
Feb 17, 2022 | Newsletter
Consumer finance company Zilch is getting flak for trying to encourage UK consumers to use buy now, pay later (BNPL) plans to buy cheap supermarket pizzas and other treats that fall outside the typical definition of BNPL purchases, the Financial Times reported. Zilch...
