Finance

BoE Financial Stability Report: Liquidity lessons need to be learned in aftermath of LDI crisis

BoE Financial Stability Report: Liquidity lessons need to be learned in aftermath of LDI crisis

  The Bank of England’s report looks at the pension industry’s response to the liability driven investment (LDI) crisis. Over a ..

Mortgage lending to plummet 15% but re-financing supports market

Mortgage lending to plummet 15% but re-financing supports market

  Overall mortgage lending is expected to fall 15% – a return to pre-pandemic levels. Property transactions are predicted ..

Pensioners urged to check Pension Credit eligibility as cost-of-living payment deadline looms

Pensioners urged to check Pension Credit eligibility as cost-of-living payment deadline looms

  Pension Credit claimants are entitled to a £324 cost of living payment as well as further payments of £900 to be paid next yea..

Don’t rely on property to fund retirement as downsizing dream can disappoint

Don’t rely on property to fund retirement as downsizing dream can disappoint

  One quarter of people said they planned to downsize their home in retirement. Over a third (37%) said they wouldn’t, with the ..

PPI report shows key groups remain under-pensioned but reform needs to be carefully timed

PPI report shows key groups remain under-pensioned but reform needs to be carefully timed

  Private pension incomes of under pensioned groups remain below three-quarters of average population private pension incomes. U..

Financial services firms hiring flexible interims to safeguard earnings

Financial services firms hiring flexible interims to safeguard earnings

As the demand for financial services talent continues apace, CFOs have warned that the spiralling upward wage rises cannot be sustain..

One in four could not cope in retirement without partner’s pension

One in four could not cope in retirement without partner’s pension

  Only 41% of people could cope in retirement if they didn’t receive a share of their partner’s pension. This plummets to around..

Payroll innovation has accelerated in 2022, with expert CloudPay reporting increased demand for Instant Salary Payments

Payroll innovation has accelerated in 2022, with expert CloudPay reporting increased demand for Instant Salary Payments

The desire for standardisation, speed and cost efficiency, across global payroll and treasury systems has driven a spike in demand fo..

The power of money

The power of money

By Liza Gatrell, Senior Associate at Stowe Family Law Economic and financial abuse is not just confined to the wealthy. I..

Savings deposits top £1 trillion

Savings deposits top £1 trillion

    Savings deposits held by CACI member institutions tops £1 trillion for the first time, Paragon Bank analysis finds Latest fi..