Banking Crisis
A ‘New Financial Culture’ led by the next generation of banking professionals is needed if the finance industry is to win trust again, according to Bjorn Cumps, Director of the Vlerick Centre for Fina ...
Tag Archives: banks
Personal Savings Allowance
From 6 April 2016, if you’re a basic rate taxpayer you’ll be able to earn up to £1,000 in savings income tax-free. Higher rate taxpayers will be able to earn up to £500. This is called the Personal Sa ...
“Ageist” Co-op falls foul of The Financial Ombudsman
THE “ethical” bank has been forced to pay a customer £2,000 in compensation after it discriminated against him because of his age”. Peter Day was only 59 when he applied to extend the term of his mor ...
Older borrowers want age removed as a lending restriction
Older borrowers want to see age limits on lending scrapped as the pension revolution highlights the need for new solutions to maximise retirement income, new research shows. A nationwide study shows n ...