FCA pays £30k after Ombudsman ruling over misleading advice
The Financial Conduct Authority has been ordered to pay compensation after the Financial Ombudsman Service ruled it gave 'unclear and misleading' advice to a customer of Admiral Insurance.
Category : Search result: elderly financial crisis
UK Social Care System At Breaking Point - Report Warns
A devastating report reveals Britain's adult social care system is at breaking point, with chronic underfunding and staff shortages leaving vulnerable adults at risk. Experts warn of a 'deepening crisis' requiring urgent government action.
Cash Crisis: 53% of UK's Free ATMs Vanish Since 2018
Exclusive investigation reveals Britain's alarming cash access crisis as free ATMs disappear and bank branches shut down, hitting vulnerable communities hardest. Regulatory action demanded.
Millions miss out on £6,750 DWP benefits
Exclusive: Over 1.4 million UK households are failing to claim vital Pension Credit support worth thousands. Our guide reveals how to check eligibility and secure your entitlement.
Pensioner deliberately rams car into elderly neighbour
Disturbing footage captures the moment a 73-year-old man intentionally reverses his car into his 71-year-old neighbour during a petty dispute over parking in a quiet residential street. The victim was hospitalised with serious injuries.
ANZ Bank fined record £240m for charging deceased customers
ANZ Bank has been hit with a monumental £240 million penalty for a litany of serious failures, including charging fees to deceased customers. The Federal Court condemns the bank's 'widespread' and 'systemic' misconduct.
Britain's Elderly Care Crisis: When Will Politicians Act?
As the UK's aged care system reaches breaking point, families and carers are demanding urgent political action. This investigation reveals why meaningful reform is being delayed and what must change.
Pensioners Priced Out: UK Retirement Rental Crisis Deepens
A devastating report reveals Britain's deepening retirement rental nightmare, with soaring costs pushing pensioners to the brink and creating 'no-go' zones for retirees across major cities.
FCA: UK Finance's Old Tech Poses 'Significant' Risk
The UK's Financial Conduct Authority has raised a major red flag, revealing that a large portion of the nation's finance sector is dangerously reliant on outdated technology, posing a severe threat to operational resilience and consumer protection.
DWP's £434 Monthly Allowance for Elderly Care You Might Miss
Discover if you or a loved one over State Pension age could claim the DWP's Attendance Allowance, a tax-free benefit worth up to £434.40 a month for help with personal care.
Charities warn Streeting of 'devastating' osteoporosis crisis
Health Secretary Wes Streeting confronts a mounting crisis as leading health charities sound the alarm over a 'devastating' surge in osteoporosis-related deaths and debilitating fractures, urging immediate government intervention.
Self-Employed Crisis: Millions Without Sick Pay Safety Net
Exclusive investigation reveals how 3.5 million self-employed workers are left financially vulnerable with no statutory sick pay protection amid rising illness rates.
Reform UK to Strip FCA of Banking Powers if Elected
Reform UK announces radical manifesto pledge to abolish the Financial Conduct Authority's power to regulate banks, promising a bonfire of red tape for the financial sector.
Carer jailed for stealing £10k from vulnerable pensioner
A deceitful carer from Stoke-on-Trent has been sentenced to prison after systematically defrauding a frail 85-year-old woman of her life savings. Discover the full story of this gross breach of trust.
New Rule Lets Banks Hide Signs of Financial Distress
A controversial new regulation permits UK banks to temporarily hide key indicators of financial instability, sparking debate between consumer protection and financial stability.
Elderly Appetite Loss: Causes & Solutions
A sudden loss of appetite in older adults is a critical warning sign. This comprehensive guide reveals the medical, social, and psychological causes behind this common issue in the UK's ageing population and provides actionable advice for concerned famili
Rugby Australia's $80m Debt Crisis Puts Future in Jeopardy
Rugby Australia is battling a staggering $80m debt. The upcoming British & Irish Lions tour and a new broadcast deal are now critical to saving the sport from financial ruin.
Why Britain Isn't Ready to Ditch Cash
As the UK races towards a cashless future, a growing movement of consumers, experts, and activists are pushing back. Discover the compelling financial, psychological, and societal reasons why cold, hard cash isn't ready for the history books just yet.
UK's Cash Exodus: The Rapid Rise of the Cashless Society
Exclusive research reveals the UK's rapid shift towards a cashless society, uncovering the regions and demographics leading the charge and those at risk of being left behind.
Uganda's dementia crisis exposes global elderly care failures
Exclusive investigation reveals how Ugandan families face devastating dementia crisis without government support, as UK's NHS faces parallel challenges in geriatric care.
Thousands Lose Life Savings in Australian Super Fund Collapse
Exclusive: A major superannuation fund collapse has wiped out the life savings of thousands of Australians, sparking government scrutiny and a desperate fight for justice. Discover the full story.
France's Debt Crisis Threatens Government Collapse
Exclusive analysis reveals how France's spiralling debt crisis threatens to topple the government and force brutal austerity measures, echoing the worst days of the Eurozone crisis.
Wellness App Offers High-Interest Loans to Low-Paid Workers
Exclusive investigation reveals UK financial wellbeing app targets vulnerable low-wage workers with costly credit products, raising serious ethical concerns about the fintech sector.
Manhattan CEO arrested in Malta on US fraud charges
Luigi Mangione, CEO of Manhattan Group, arrested in Malta on US fraud charges. Alleged $5.5 million scheme targets elderly investors. Extradition proceedings underway.
FCA Reviews Rules as Top Enforcer Joins Hedge Fund
The Financial Conduct Authority launches an urgent review into its conflict of interest policies after its former head of enforcement, Therese Chambers, takes a senior role at a US hedge fund, raising serious concerns about the City's 'revolving door' cul
Elderly Home Care Programme Failing, Puts Australians at Risk
A critical government programme designed to keep elderly Australians out of hospitals is failing, with new reports revealing severe risks and neglect, leaving the most vulnerable in peril.
FCA Alert: Protect Your Money From Clone Firm Scams
Exclusive: The Financial Conduct Authority issues an urgent warning as sophisticated 'clone firm' investment scams skyrocket, with criminals stealing millions from UK savers. Learn how to spot the red flags.
FCA Investigates Aberdeen Over Dubai Operations Compliance
The UK's Financial Conduct Authority launches an investigation into Aberdeen's Dubai operations, raising serious questions about oversight in the emirate's burgeoning financial district and compliance with international standards.
Elderly Surrey woman loses £1,700 life savings in courier scam
A vulnerable 84-year-old woman from Surrey was conned out of her entire savings by sophisticated fraudsters posing as police officers in a devastating courier scam that highlights the rising threat to elderly residents.
Urgent Action Needed for UK's Struggling Pensioners
A damning new report reveals a silent crisis engulfing millions of UK pensioners, with soaring living costs and inadequate support pushing many into poverty and isolation. Experts demand immediate government action.
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