Increasing bad debt provisions are forcing lenders to reassess lending rules and look to ensure acquisition strategies do not lead to bigger books of bad debt, says consultant Datamonitor.
The UK's high net worth population is becoming increasingly attracted to the idea of investing ethically, as well as seeking more personalised service levels, Consultant Datamonitor says in a new report.
The UK Islamic mortgage market will grow by an average of 47% per year for the next four years, new research claims.
Tax exemptions as the result of pensions simplification and A-Day could see the government give away £2bn to the country's wealthiest individuals, just at a time when pensions for most are under-funded, Datamonitor says.
UK Government is running out of options and could be reaching the stage where a major state pension reform might be the only fix for the current pension crisis.
Utility bills added to the cost of running a home will overtake the income of UK pensioners within fifteen years, new research indicates.
People aged over 50 now exceed a third of the UK population and comprise the most affluent consumer group in terms of income and wealth but are being ignored by financial services providers, research suggests.
The UK may not currently have the compensation culture previously predicted, however warnings for future claims suggest personal injury compensation costs may rise.
Wealth managers are at risk of losing customers to cash deposit accounts paying 5% if they cannot prove to clients they can outperform on an absolute basis, says consultant Datamonitor.
Research from consultant Datamonitor suggests a growing trend of UK first time buyers seeking cheaper investment property abroad in the hope of making sufficient returns to afford a deposit on a UK home.