Latest News from Money Expert

Following the advice of Chancellor George Osborne, the Financial Conduct Authority has announced that it is proposing a cap of 1% on exit fees for existing pensions.   The Pension Freedoms introduced...

The head of the World Trade Organisation has claimed that if Britain were to leave the EU, additional import tariffs would cost the country around £9 billion per year. Those in favour of leaving the...

Martin Taylor, a member of the Bank of England’s Financial Policy Committee, has said that banks must do more to re-garner the favour of alienated customers, and hit out at supposed ‘fee-free’ bank...

Recent times have seen the organisations such as the IMF (International Monetary Fund) cut their predictions for worldwide growth this year- for the umpteenth time. It should hardly come as a...

An industry survey has revealed that manufacturers in the UK managed to increase their production in the last three months, and are feeling positive about the future levels of both domestic and...

Paul Smith, head of a large chain of estate agencies, has claimed that the UK housing market has reached its peak, following a huge drop in demand over the past month. Smith, whose company owns...

There are some clear indicators that the uncertainty surrounding the EU referendum has had a negative impact upon parts of the UK economy. We have had reports of firms delaying their spending and new...

The government is currently considering introducing a switching service for mortgages, similar to that offered by current account and gas and electricity providers. The plans come as part of a general...

The Money Advice Service has said that it does not believe that the new State Pension is too complicated. The organisation believes that the State Pension is currently a convoluted system that makes...

A new report published by charity Independent Age has found that 20% of the UK’s population aged over 75 are current living below the poverty line.The report examined “the financial circumstances of...