PayPal has jumped into the cryptocurrency space by launching its new crypto wallet. The new service allows customers to buy, sell and hold cryptocurrency including Bitcoin, Ethereum, Litecoin and Bitcoin Cash. The service specifically doesn’t allow customers to buy goods using cryptocurrency, so its simply a trading platform. PayPal has contacted all of its millions […]
The National Audit Office has just revealed the extent of administration errors at the Department of Work and Pensions (DWP) in their administration of the state pension. It seems that over a long period of time (which the NAO didn’t specify) the DWP has underpaid pensioners by a staggering £1 billion. An incredible figure. The […]
The FCA stepped up its calls for the Government to introduce legislation to regulate online advertising for financial products. It seems to be making some progress and its reported that the Government has promised to look again at the issue. The FCA has already made some progress by persuading Google to introduce a voluntary internal […]
The latest research from Aviva shows that 3 out of 10 people “find a financial advisor near me” by getting a recommendation from friends or family. This type of client referral continues to be the single most popular way to find someone. The research looked at other sources of recommendation which included: Online search – […]
It looks like Bitcoin is not going to go away. Earlier this year its global market value hit $1 trillion for the first time (although it has since fallen below $600bn). In addition, research has shown that an increasing number of UK investors either hold or want to hold Bitcoin as an investment, despite what […]
It’s that time of year again when Bestinvest announce which funds are on their “Spot the Dog” list. This is the list that no one wants to be on! The “list” is reserved for funds which have underperformed the market for the last three years in a row and by a total of 5% over […]
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