State of the Netherlands nationalises SNS REAAL
The Minister of Finance, in close consultation with De Nederlandsche Bank (DNB), has nationalised SNS Reaal. Savings deposits of clients are secure and the service provision of SNS REAAL has been safeguarded. The intervention has averted grave threats to financial stability and the economy. Source
Read MoreWatch: 5 questions on identity theft
In 2024, identity fraud was one of the three most reported types of fraud in Canada, according to the Canadian Anti-fraud Centre (CAFC). To help Canadians protect themselves, we asked Carl Davies, head of fraud and identity at Equifax Canada, to explain how identity fraud works and how
Read MoreRetirement planning advice for people who don’t use an advisor
Given that the financial media has long spent an inordinate amount of space on the topic of retirement, it seems the time was right for a retirement club devoted to Canadians on or near the cusp of retirement. A few months ago, the Retirement Club for Canadians was launched by
Read MoreWhen is open banking coming to Canada? Ottawa says “at the earliest opportunity”
The federal government says it will introduce legislation to implement open banking at its “earliest opportunity” as some advocates warn the project’s momentum may have stalled. Open banking or consumer-driven banking, as Ottawa calls it, is about allowing Canadians and businesses to securely share their financial data with
Read MoreWatch: AI and identity theft—what Canadians need to know
Every day, Canadians receive countless scam calls, texts and emails from fraudsters trying to steal personal information. AI is making it harder to tell what’s real and what’s not. We asked Carl Davies, head of fraud and identity at Equifax Canada, for his tips on preventing identity fraud.
Read MoreExpected Returns in the Stock Market
A reader asks: I was reading your post “3% Market Returns For The Next Decade” and it got me thinking about something you wrote about a few years ago — the John Bogle Expected Return Formula. I don’t remember how you were able to get the numbers to
Read MoreTell us: have your saving habits changed due to economic uncertainty?
We would like to hear from people who have started setting aside more cash UK households are increasingly setting aside physical cash amid extreme economic uncertainty and to provide a safety net for possible banking system outages such as the recent one in Spain, according to the Bank
Read MoreBank of England keeps interest rates at 4.25% but hints at cuts to come
Governor says rates still on downward path but hard to predict timing of reductions in ‘highly unpredictable’ world Rate decision leaves Reeves praying for an August cut Business live – latest updates The Bank of England has left interest rates on hold at 4.25%, though it signalled further
Read MoreBank’s rate decision leaves frustrated Reeves praying for an August cut
Lower interest rates will be a lever for growth but the Middle East conflict and rising food prices will have troubled MPC Bank of England keeps interest rates on hold Business live – latest updates Last week’s spending review revealed Rachel Reeves’s plan for reviving the UK’s struggling
Read MoreGovernment steps in to protect consumers with old energy meters
A widespread switch-off of Radio Teleswitch Service (RTS) meters will not happen on 30 June. HM GovernmentSource
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