Piggy Banking Branch

The bank branch that looks nothing like a bank

What is the future of the bank branch? It’s a question I’ve asked here before, and it always generates sackloads of letters and emails — especially from FT readers living in more rural areas where branch closures have a particularly devastating effect. Bank branches are closing at the “alarming rate” of 60 per month in […]

Banking Growth

Open banking – the invisible reform that will shake up UK financial services

State Pension

Retirees face state pension cuts after review uncovers errors

Tens of thousands of retired workers face cuts to their state pension after overpayments were discovered in a data checking exercise, experts have warned. The government confirmed retired workers could see their state pension payments reduced after tens of thousands of errors in records going back 40 years were identified during the biggest data matching […]

Elderly Person

Huge pension fund deficits are a global crisis in waiting