Vanguard slashes the price of financial advice

US investment giant Vanguard aims to shake up the financial advice market with the launch of a cut-price service tomorrow. Already known for low fees for its funds, which track markets rather than using skilled managers to pick investments, Vanguard will charge 0.79 per cent a year for financial advice – including the cost of … Read more

Would you spy on granny’s financial transactions? Debit card launched to prevent financial abuse

A new financial services company has launched a debit card that allows families, friends and carers to manage an elderly person’s financial affairs through a virtual or physical debit card. The co-founder of GuardianCard, Nick Thompson, says the business and card were created to prevent the elderly being subjected to theft and other types of … Read more

Liberty Steel owes ‘billions’ to collapsed financial firm Greensill Capital

The founder of Liberty Steel has revealed that the company owes ‘many billions’ to collapsed financial backer Greensill Capital but insisted none of its plants will shut down ‘under my watch’. Labour has called on ministers to provide clarity on the future of Liberty Steel’s UK plants amid fears that thousands of jobs could be … Read more

Take our midlife financial MOT: See how your retirement is shaping up

More middle-aged savers should take a financial health check to get them ready for retirement, the pensions minister has told MPs. It is hoped that a simple ‘midlife MOT’ will give those aged between 45 and 60 a good idea of how prepared they are for later life, and help them take action now to … Read more

Take our midlife financial MOT: See how your retirement is shaping up

More middle-aged savers should take a financial health check to get them ready for retirement, the pensions minister has told MPs. It is hoped that a simple ‘midlife MOT’ will give those aged between 45 and 60 a good idea of how prepared they are for later life, and help them take action now to … Read more

‘Financial cliff edge’ for UK-listed companies on the brink

Over half of companies listed on the stock market in Britain at a ‘heightened risk’ of collapse sought Government financial support in December, new findings show. Once taxpayer-backed Government support comes to an end, the companies in jeopardy could face a ‘financial cliff edge’, accounting giant EY warned in its latest analysis of profit warnings. … Read more

David Cameron ‘lobbied Government for stricken financial firm’

Labour demands formal investigation into claims David Cameron ‘lobbied the Treasury last year to get stricken financial firm Greensill access to Government-backed loan schemes’ Former prime minister alleged to have lobbied Treasury on behalf of Greensill Said to have been part of efforts to increase firm’s access to Covid loans scheme  Alleged lobbying took place … Read more

Fight to be a financial feminist: Women face inequality over money

For more than a decade I’ve spent my life thinking and writing about money. As a financial journalist, I’ve written hundreds of columns on the City, the stock market, the super-rich, pension funds and family budgets. I don’t think money buys you happiness but I know it gives you freedom. Having enough money gives you … Read more

Crisis at Provident Financial: Doorstep lending arm faces collapse

Crisis at the Provvy: Shares dive 28% and watchdog launches a formal probe as doorstep lending arm faces collapse By Mark Shapland For The Daily Mail Published: 21:57 GMT, 15 March 2021 | Updated: 21:57 GMT, 15 March 2021 Provident Financial lost more than a quarter of its value after warning that its doorstep lending … Read more