FCA Consumer Investment review could fuel levy rises

Aegon has called on the FCA to make sure that their Consumer Investment Market review does not to burden financial advice firms with increasing FSCS levies or professional indemnity premiums.

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US personal finance site acquires UK comparison website  

 

US-based financial guidance website and app NerdWallet has acquired UK price comparison site Know Your Money for an undisclosed sum.

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UK savers invest £1.6bn in retail funds in July

UK savers put £1.6bn into retail funds in July, according to the latest figures from the Investment Association.

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44% of investors expect recession worse than financial crisis

The majority of investors were expecting yesterday’s figures from the Office of National Statistics to mark the start of a recession and more than two in five think it will be worse than the financial crisis, according to a new survey.

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