16th September 2025 - Credit Connect

Over half of people admit to doing little to no research on retirement

16th September 2025 Consumer Lending | #feaured #retirement research

New data by Scottish Widows has found that over half of people admit to doing little to no research on retirement. The analysis also revealed many aren’t doing enough to prepare for retirement with nearly a quarter of people (23%) aren’t currently saving for retirement at all, and over a third (39%) aren’t saving nearly…

One in three business failures linked to poor acquisition processes

16th September 2025 Insolvency | #insolvency

SMEs exploring merger or acquisition (M&A) opportunities have been advised to increase the robustness of their due diligence process as figures from Purbeck Insurance Services reveal an uptick in the number of business failures due to business acquisitions gone wrong. The data has found that 33% of all claims for Personal Guarantee Insurance (PGI) during…

KKR agrees to acquire credit card portfolio

16th September 2025 Company News | #debt sale

Cinven and CVC have agreed to sell NewDay’s portfolio of consumer credit receivables to private credit funds and accounts managed by KKR. The transaction effectively separates NewDay’s credit balance sheet from NewDay’s origination and servicing business. KKR will enter into a multi- year forward flow agreement with the NewDay Operating Group in respect of its…

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Over half of people admit to doing little to no research on retirement

One in three business failures linked to poor acquisition processes

KKR agrees to acquire credit card portfolio

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