Personal finance

From 1 September, shoppers using Laybuy's buy now, pay later (BNPL) services will have their repayment data shared with the UK's biggest credit reference agency, Experian. 

The UK financial regulator has confirmed plans for a sweeping overhaul aimed at stopping financial firms mistreating consumers and to ensure, among a raft of other measures, that companies are not able to leave existing customers languishing on poor deals while new ones are offered the best rates.

A sweeping regulatory overhaul has been proposed to stop banks and insurers mistreating consumers and to ensure, among a raft of other measures, that financial firms are not able to leave existing customers languishing on poor deals while new ones are offered the best rates.

More than two in three employees in full-time or part-time work say they're financially better off now than at the start of the coronavirus pandemic – but only one in three of those who are self-employed feel the same, a new MoneySavingExpert.com poll has found. 

A major review to improve consumers' access to financial advice has been announced by the Government.

"My other half deals with the finances. I don't know anything about it." I've lost count of the times I've heard this.

The Financial Conduct Authority has today announced a series of proposals aimed at improving financial services complaints handling, including banning firms from using premium rate numbers for post-sale calls and allowing people to take their complaints to the Ombudsman at an earlier stage.

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.

A landmark shake-up of the financial advice market takes effect today, meaning most consumers now have to pay an upfront fee for new investment and pension advice.