Premiums for the most common types of insurance have risen sharply in recent years. If you’re unhappy with your insurance, consider switching, an expert advises. Loyalty doesn’t pay, says Moa Langemark of the Swedish Financial Supervisory Authority (FI).
BusinessThe median fees that savers pay in some of the most popular fund categories have fallen in recent years, according to a review by the Swedish Financial Supervisory Authority (FI).
BusinessThe AI wave is now spreading to fraudsters. The Swedish Financial Supervisory Authority (FI) warns of actors who are luring small savers with promises of quick profits linked to AI.
TechnologyYounger savers more often choose to invest in low-cost index funds, while older people tend to have more expensive holdings, according to the Swedish Financial Supervisory Authority (FI). In long-term savings, small fee differences can grow to hundreds of thousands of kronor, says consumer protection economist Moa Langemark.
BusinessIn July, Swedes take out the most unsecured loans. But borrowing for the holidays can be expensive, the Swedish Financial Supervisory Authority warns. "The risk is that you live beyond your means and are left with a rather unpleasant aftertaste from the summer when the loans have to be repaid," says the authority's consumer protection economist, Moa Langemark.
BusinessMortgage lenders' borrowing costs are clearly falling after the ceasefire agreement between Iran and the US. Now the question is whether the banks will lower their mortgage rates. We can always expect that banks are trying to make as much profit as possible. Therefore, it is important that you, as a customer, make demands of your bank, says Moa Langemark, a consumer protection economist at the Swedish Financial Supervisory Authority.
BusinessThey lure investors with promises of high profits and advice on stocks and cryptocurrencies. But behind the professional websites are scammers, says the Swedish Financial Supervisory Authority - which is now warning about 104 operators.
TechnologyThe number of financial fraud cases uncovered rose sharply last year, according to the Swedish Financial Supervisory Authority (FI). More fraudsters and new forms of fraud are behind the increase. FI has also prioritized the issue and sped up processing times.
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