Unity Mutual has launched a new type of stocks & shares Lifetime ISA, offering a guaranteed 1.25% interest rate until April, as well as a 25% Government bonus towards your first home or retirement – here's what to watch out for.
MoneySavingExpert.com founder Martin Lewis has been quick to discredit a "fake advert" that claimed he made money out of a risky form of investment known as 'binary trading'. Not only has Martin never invested in binary options, he would never recommend that others do so.
Thousands of financial advice firms have been warned they face potential fines or bans after a review by the City watchdog found three-quarters were failing to keep their clients properly informed about charges.
The last batch of parents whose offspring are eligible for the child trust fund (CTF) only have a few weeks to choose where to save or invest their free cash, or face having it automatically placed in a poor-paying or risky account.
Banks should separate their investment and retail arms to help prevent a future financial crisis, the Independent Commission on Banking (ICB) said today.
12 September 2011
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