Blog
31st October 2014
The World Savings Day was established on the 31st October 1924, during the 1st International Savings Bank Congress in Milan, Italy. The Italian Professor Filippo Ravizza declared this day the "International Saving Day" on the last day of the...
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Popularity of Online Lending and Finance Predicted to Soar
30th October 2014
Yorkshire-based loan software provider Nostrum have recorded a prominent increase in the number of online lending platforms, which could “ultimately lead to purely online self-managed processes for people borrowing money”. Norstrum also investigated the various types of borrowers they...
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UK State Pension named “one of the worst in Europe” by Think Tank
28th October 2014
The state pension offered in the UK has been identified as one of the lowest in Europe by the International Longevity Centre (ILC). The UK was measured against other European countries, with Greece coming out on top, where pensioners...
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Is There a Gender Investment Gap?
24th October 2014
When it comes to savings and investments, a significant and widening gap between the habits of men and women has been revealed in research conducted earlier this year by Duncan Lawrie Private Bank’s 2014 Gender Wealth Gap Index. The...
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Less Than Half of Over-60s Have Saved For Funeral Costs
23rd October 2014
A survey conducted by Perfect Choice Funerals this week has revealed that only 45% of people aged 60 and over have planned their retirement fund to include funeral expenses. 1,708 Brits were asked about their savings, and if...
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ISA News Update
17th October 2014
ISA UPDATE Today, HM Treasury has begun an open consultation into the inclusion of Peer-to-Peer lending in ISAs. The consultation period will last until the 12th of December. The Treasury will be consulting firms and individuals about how the...
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French Banking Group Makes P2P Finance Compatible With Twitter
14th October 2014
A division of France’s second-biggest banking group, Groupe BPCE, S-money, has partnered with Twitter to allow French users to transfer money via the social media platform. Both Facebook and Twitter have recently started testing ‘Buy Button’s that link...
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Wellesley & Co. the first Peer to Peer platform to lend its own funds first in every loan, has reached the £100 million milestone in loans funded.
Wellesley & Co. the official Fastest Growing Platform in 2014 specialise in bridge lending secured on residential property and financing for development. The company have been lending to borrowers since June 2013 and have had lenders place funds with them...
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Peer-to-Peer Lending Gaining Popularity and Boosting British SMEs
9th October 2014
The Peer-to-Peer Lending sector has been highlighted as “a credible and vital alternative to high street banks when it comes to providing business finance” and funding for widespread property development. The popularity of Crowdfunding and other alternative finance methods, such as Peer-to-Peer...
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Seeking Financial Advice Can Help People Save £100 More a Month For Retirement
3rd October 2014
It’s good news for cautious retirees. According to research conducted by unbiased.co.uk and Axa Life Invest, those who seek financial advice when planning their pension and retirement funds are set to invest just under £100 more a month on...
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