Confidence in personal finances among mortgage holders is at a four-year low, says polling firm Ipsos MORI.
Philip Hammond, shadow work and pensions secretary, hit out yesterday at the government's failure to help people who lost their life savings when company schemes went bust, says the Daily Telegraph .
More money left individual savings accounts (ISAs) in November than was paid in, according to figures from the Investment Management Association (IMA), reports the Scotsman .
London's world pre-eminence as a financial centre could be jeopardised by recent "frenzied borrowing" by investors if a global credit crunch were to hit financial markets, reports the Times .
Banks and other financial institutions are deliberately failing to report incidents of online fraud to the police, possibly because they are worried about the potential damage to their reputations, a senior police officer said yesterday reports the Guardian....
We're approaching that time of year again when financial services companies go crazy issuing Christmas-themed press releases in a bid to get media coverage.
Some of Britain's biggest life insurers should be freed from "crude" solvency rules which force them to maintain huge reserves, according to a report by the Financial Services Authority out this week, says the Guardian .
Scottish Widows is developing a menu of protection products for intermediaries and is asking for their thoughts on what features should be included.
BANKS, LIFE assurers and fund managers are to be given leading roles in setting up and eventually running the government's proposed low-cost national pensions savings scheme.
HIGH STREET BANK Abbey has admitted a problem with its business banking service has resulted in some customers' online payments going to the wrong people, says The Guardian .