Stay informed with free updates Simply log in to Financial services myFT summary — delivered straight to your inbox. Earlier this week, MainFT reported that hedge funds are complaining that their fundraising efforts are being hurt by the amount of money investors have locked up in private equity funds — which are not making any … Read more
National Savings and Investments (NS&I) has increased interest rates on its Direct Saver and Income Bonds accounts, as well as launching a new issue of its British Savings Bonds. With the Bank of England’s base rate expected to remain at its current level of 5.25 percent for a little longer, savers can still benefit from … Read more
Pension savers have been warned they could “rely on government support in later life” due to a lack of other pension benefits. Around 14 million people are not on track for their expected retirement incomes, with many facing a savings shortfall of more than £100,000, new research shows. Around seven-in-ten (71 per cent) of UK … Read more