1
Current Affairs

The rise of Generation Rent - and Generation Landlord

3 Minutes' reading

There are a number of statistics which emphasise the growing generational wealth divide in the UK; such as the projection that so-called millennials will be the first in modern history to be poorer than their parents.

By Scott Robertson
21 February 2018
1
Current Affairs

Is a pension black hole looming for the self-employed?

3 Minutes' reading

The issue of self-employed workers has been something of a political football in the past. A number of reviews and consultations have been launched with respect to rights and responsibilities relating to the self-employed, while last year’s Spring Budget came in for major controversy as it sought to increase their National Insurance Contributions.

By Brendan Ashe
15 February 2018
1

Keeping your cool among bears and bulls

3 Minutes' reading

Investors around the world have enjoyed a remarkable run over the past 18 months, with major stock markets and headline indices soaring without relent. The Dow Jones worked its way up from the 20,000 mark a year ago to an impressive 26,616 last week. The Nikkei 225’s sharpest gains have come in the past six months, rising from around 19,500 to 24,124 at the end of January. The DAX Performance-Index shot up from under 12,000 to almost 13,600 in a similar timeframe.

On our shores, UK stocks and shares have done well to a slightly lesser extent, although the FTSE 100 has flown along from 6,021 at the time of the EU referendum to record highs of 7,778 when trading closed on 12 January 2018.

By Brendan Ashe
8 February 2018
1

Is the annuity set to rebound?

3 Minutes' reading

The annuity was once the bedrock of British retirement planning and a natural (and obligatory) alternative for those without final salary pension schemes. After all, why wouldn't you want the insurance of a guaranteed lifelong income? Of course, in the last decade, this long-standing premise has been smashed to smithereens as a result of a rapid decline in annuity rates.

By Brendan Ashe
1 February 2018
1

How to stay safe online in 2018

3 Minutes' reading

As the world's dependence on technology escalates, so too do the twin threats of fraud and cybercrime. And Brits, in particular, seem to be affected, especially so by the latter.

A study released this week by cybersecurity firm Norton revealed that cybercrime – including phishing, ransomware, online fraud and hacking - accounted for over £130bn in losses for consumers in 2017; with Britain's share amounting to a staggering £4.6bn, and around 17 million of the victims hailing from these shores.

By Brendan Ashe
26 January 2018
1
Current Affairs

Will Open Banking revolutionise financial services?

4 Minutes' reading

This past weekend, a so-called revolution took place, as Open Banking was launched. As with most significant changes to the UK financial landscape, the enshrinement of Open Banking into law has been met with both acclaim and criticism in equal measure. On one hand, an alleged game-changer to give the customer more control of their finances, and facilitate convenient money saving on a variety of fronts. The counter-argument, meanwhile, is that it will pave the way for fraudsters to run amok.

By Brendan Ashe
18 January 2018
1

Lending Works turns four!

3 Minutes' reading

It all started one rainy Sunday morning in a small Farringdon office back in January 2014. After nearly 18 months of blood, sweat and tears on the part of our CEO and CFO, the Lending Works dream became a reality. A back-of-the-envelope idea had evolved, and now officially launched as a living, breathing company.

By Brendan Ashe
11 January 2018
1
Current Affairs

2017: the year that was

3 Minutes' reading

2017 is a year which we will look back on with great pride. In 2016, a lot of groundwork was laid. We expanded our team, bringing in high-class talent across various spheres to better enhance our model. Our coffers were boosted by an influx of investment. We launched a new website and brand.

By Brendan Ashe
20 December 2017
1
Current Affairs

Retirement and pensions: evolving with the times

3 Minutes' reading

The concept of retirement is one which many people believe is as old as the hills. Yet while there are glimmering traces of pensions being paid in the BC era (Augustus offered later-life funding to Roman soldiers), it is widely accepted that the pioneer of the pension was Otto von Bismarck. Better renowned for his military acumen, as German Chancellor he came up with the revolutionary idea of paying government pensions to disabled workers and older members of society back in 1881. The reason it was considered revolutionary was that, at the time, people simply did not retire.

By Brendan Ashe
14 December 2017
1
Current Affairs

Bitcoin: Bubble or paradigm shift?

3 Minutes' reading

This week, Bitcoin breached the $12,000 mark for the first time. The total value of all Bitcoins is now approaching $100bn. Nine years ago, this phenomenon didn’t even exist. As of now, it has rocketed from the remote fringes of finance into the global spotlight at breakneck speed. In 2017 alone, its value has risen tenfold. In fact, it has more than doubled in just the last couple of months.

So, what on earth is Bitcoin? And is it a bubble waiting to burst, or the dawn of a new, enduring era?

Understanding Bitcoin and cryptocurrencies

By Brendan Ashe
7 December 2017