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MoneySuperMarket launches investment app with Seccl

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MoneySuperMarket has launched an investment platform in its app using infrastructure from Seccl, expanding the comparison site’s push into financial services.

The new product, Investments by MoneySuperMarket, lets customers open either a stocks and shares ISA or a general investment account within the app. Users can start with as little as £1. The platform charges no trading fees and a 0.34% annual fee.

The launch marks another step in the group’s effort to move beyond price comparison into a broader range of personal finance products. Investments joins Savings by MoneySuperMarket and SuperSaveClub, its membership offering, which has more than 2.5 million members.

Customers who sign up for the investment service will also qualify for SuperSaveClub membership. The first three months of platform fees will be credited to users’ digital wallets, alongside access to rewards and discounts available through the scheme.

Broader push

MoneySuperMarket is entering a market where established financial brands and newer technology-led firms are competing to attract first-time investors. The UK government has also encouraged greater retail participation in investing, while platforms have lowered minimum contributions and simplified account opening.

Its research found that 70% of UK adults do not currently invest. Among those who do, 60% hold a stocks and shares ISA, while 10% do not know what type of investment product they have.

At launch, the platform offers 40 funds and exchange-traded funds. These include ready-made portfolios such as Vanguard LifeStrategy funds, as well as self-directed options including S&P 500 tracker funds.

Rather than building the investment system itself, MoneySuperMarket has partnered with Seccl, the investment technology provider owned by Octopus Group. Seccl is responsible for custody arrangements and the systems that let customers open and fund accounts and place investments within the app.

The tie-up adds another consumer brand to Seccl’s client roster as financial technology groups look to add investment functions without building their own infrastructure from scratch. Embedded investment products have become a growing area of competition as apps that began in banking, budgeting or comparison services try to keep users within a single financial ecosystem.

“For many people, investing still feels complicated, expensive and out of reach. We’ve built Investments by MoneySuperMarket to change that, making it simple, affordable and easy to get started, whether you’re investing for the first time, or looking to get more from the investments you already have,” said Lis Barton, Chief Customer Officer at MoneySuperMarket.

“For over 30 years, MoneySuperMarket has helped households save money, and now we’re helping them invest it too. When you invest with us, the first three months of platform fees will be credited to your SuperSaveClub digital wallet, and you’ll unlock SuperSaveClub membership, with cash rewards when you buy eligible products through MoneySuperMarket, as well as free days out, discounts and perks.

“This is a major step in our journey to becoming a financial companion for our customers, helping people manage their finances today and take action to grow their money for the future..”

Seccl role

For Seccl, the agreement reflects demand from consumer-facing brands that want to invest in existing products. The company provides regulated custody and ISA administration, as well as the systems that connect customer journeys to investment markets.

“MoneySuperMarket is one of the UK’s most trusted consumer finance brands, so its move into investing is a significant moment for the market. Millions of people still find investing too complex, expensive or intimidating, and trusted digital brands have an important role to play in making it feel more accessible,” James Homes, Chief Product Officer at Seccl, said.

“We’re proud to provide the infrastructure behind MoneySuperMarket’s new investment proposition, helping it bring investing into a trusted app where people already compare, save and make financial decisions. It’s a powerful example of how embedded investing can make wealth-building simpler and more accessible for UK consumers.”

Vanguard is among the fund providers in the platform’s initial range.

“We’re delighted to be the multi-asset provider of choice for Investments by MoneySuperMarket. With a shared focus on helping people achieve better financial outcomes, it’s a natural fit. LifeStrategy provides a diversified portfolio in a single fund, making long-term investing simpler and more accessible,” said Benjamin Summers, Head of Vanguard UK at Vanguard.

The launch gives MoneySuperMarket a direct route into investment distribution as it seeks to deepen engagement with users who already compare bills, savings and other financial products through its app.



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Anger after Thames Water announce hosepipe ban impacting 16m people

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Thames Water announced that a hosepipe ban will be implemented this week across its areas, with Oxfordshire included.

Following the driest spring in years, three official heatwaves, record temperatures and sustained high demand.

But Oxfordshire residents have reacted with anger to the announcement, as the company remains on the brink of collapse, and residents claim the company fails to fix all leaks.

Hosepipe ban is set to come into place in Oxfordshire.Hosepipe ban is set to come into place in Oxfordshire. (Image: Melanie Hobson via Getty Images)

Owen Armstrong said: “I very much hope that everyone disregards the ban, I shall gladly disregard the ban myself.

“When you pay for the water, disregard what the water companies say about using a hosepipe!

“When they can splash millions / billions out in bonuses etc then they can certainly go on a hosepipe ban!”

Alan Jones said: “The clue is in the title, the Thames isn’t drying up the reservoirs are full, oh well I’m using a hose.”

Martin CG said: “Just banned the bank from sending you money.”

Thames Water is introducing the Temporary Use Ban (TUB), also known as a hosepipe ban, for all customers it supplies with drinking water.

Pete Walsh questioned the introduction of the ban, he said “data from the Met Office indicates that the first half of 2026 was remarkably unsettled”.

“The UK experienced an exceptionally wet winter and spring, followed by an unusually wet and warm June, resulting in cumulative rainfall totals generally above the long-term average.”

Marc Bridle: “Tell Thames water to go away and go pay the bills what they can’t pay them stop polluting the rivers.”

The sign at Thames Water's HQ in ReadingA protest sign at Thames Water’s HQ in Reading (Image: @Athirty4)

The restrictions will come into effect at 12.01am on Thursday (July 23) and mean customers in the affected areas must not use hosepipes for non-essential activities.

This includes watering gardens, cleaning cars, filling paddling pools or topping up hot tubs.

Yesterday, a spokesperson for Thames Water told the Oxford Mail they are continuing to monitor river levels, reservoir levels, and groundwater levels as South East Water introduce a hosepipe ban.

This comes after South East Water announced that 2.4 million customers in Sussex, Surrey, Hampshire, and Berkshire will be affected by temporary restrictions from Saturday.

Both hosepipe bans come after 28 days this year have seen temperatures exceed 30C somewhere in the UK.

At the end of June Thames Water confirmed soil was drier than average, river flow in the River Thames and River Lee were below average, and reservoirs in London were 89 per cent full which is below average.

However, the water company confirmed Farmoor Reservoir was 99 per cent full, above average for this time of year.





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UK finance leaders face pressure to rush AI agents

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Avalara has published research suggesting UK finance leaders are under pressure to deploy AI agents faster than governance processes can keep pace. The findings are based on a survey of 505 UK chief financial officers and senior finance leaders.

More than nine in 10 respondents said they faced moderate or significant career pressure to show a return on investment from AI agent spending, with half describing that pressure as significant. At the same time, 54% said their AI agent initiatives had delivered only limited measurable return so far, while 74% said deployment pressure was focused mainly on speed.

The figures point to a gap between executive expectations and the controls needed for AI use in finance, where decisions can affect reporting, tax, compliance and audit processes. The report focuses on agentic AI, a category of systems designed to take actions or make recommendations within business workflows.

Governance weaknesses appeared across several measures in the UK sample. Among respondents, 77% lacked dedicated in-house finance expertise able to understand how their AI agents work, leaving many teams reliant on suppliers and IT departments.

Almost half, 47%, said they were only somewhat confident they could explain an AI agent’s actions to an auditor or regulator. Another 21% said accountability for a significant AI agent error in finance would either be unclear or rest with no one, while 48% said AI incident response plans were either untested or still being developed.

Control gaps

The survey suggests the issue is not resistance to AI adoption but uncertainty over how to supervise it once embedded in finance operations. Respondents said the most useful steps for raising confidence in wider deployment centred on trust, data quality and traceability.

Measures cited included AI agents operating within existing systems of record, outputs grounded in verified tax, compliance and financial data, validation against known compliance requirements, supplier commitments on accuracy and accountability, and audit trails documenting each AI action.

The two most valued functions were audit-ready documentation for every AI-driven action and monitoring regulatory changes with updates applied in real time. Those preferences suggest finance teams want tools that can withstand scrutiny rather than systems that simply move faster.

Avalara commissioned the study across four markets, surveying more than 1,500 chief financial officers and senior finance leaders in the UK, US, India and Australia. All respondents had deployed, piloted or actively evaluated AI agents in financial processes over the previous year and worked at companies with revenue above USD $10 million.

The international findings closely tracked the UK numbers. Across all markets, 92% said they felt moderate or significant career pressure to demonstrate AI return on investment, while half said their AI agent programmes had produced only limited measurable return to date.

Only 7% said their organisation prioritised governance over speed, and 30% said internal controls had not been updated within the past year to reflect AI agents taking or recommending actions. Another 44% said they were only somewhat confident they could explain an AI agent’s actions to an auditor or regulator.

Executive pressure

The research places finance leaders in the middle of a broader shift in corporate AI strategy. Many businesses now want AI systems to move beyond drafting text or analysing data into areas where they can initiate or recommend operational decisions.

That creates particular tension in finance because errors can be visible, difficult to reverse and subject to regulatory scrutiny. Tax calculations, reporting decisions and compliance steps often require a documented chain of accountability, something many organisations still appear to be building.

Hugo Sarrazin, Chief Executive Officer at Avalara, said the risk comes when adoption outpaces oversight.

“Finance leaders are right to move quickly to capitalize on agentic AI opportunities, but speed without accountability creates new forms of risk, and speed without rethinking workflows limits ROI. The organizations that realize the greatest value from AI won’t simply deploy more agents. They’ll leverage agents with trusted data, governed workflows, and clear controls that enable automation with confidence,” said Sarrazin.

External industry figures cited in the report made a similar point about the need for broader expertise. The challenge, they argued, is not only technical implementation but understanding what AI agents can access, what they can change and when human approval is needed.

“Finance leaders are being asked to move quickly with AI, but governing agents requires a new combination of domain, AI, IT, and data governance expertise. As AI agents gain access to financial and compliance workflows, organizations need to know what those agents can see, what they can do, and when human approval is required. That kind of control has to be built into the architecture, not added after the fact,” said Frank Cirone, VP Commercial Strategy at Snowflake, a cloud data platform company.

Jim Lundy, Founder, CEO and Lead Analyst at Aragon Research, framed the issue as one of explainability as much as automation.

“AI agents are now moving into business processes that require trust, transparency, and governance by design. As enterprises scale agentic AI, the question becomes less about whether the technology can act and more about whether organizations can understand, control, and explain those actions. In finance, where workflows are auditable and outcomes carry real business consequences, governance and explainability will become essential requirements for adoption,” said Lundy.



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Santander customers told to check banking app as service axed

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Millions of Santander customers will no longer receive an annual breakdown of the banking fees they’ve paid after the high street giant confirmed it is scrapping the long-running paper statement.

From August, the bank will stop sending out its yearly Statement of Fees, which gives customers a summary of charges paid over the previous 12 months.

Instead, customers wanting to check how much they’ve paid in fees will have to log into Santander’s online or mobile banking services.

The annual statement currently provides a single breakdown of charges, such as overdraft interest or fees for using a debit card abroad, as reported by creatorzine.com.

Santander said customers will still be able to access the same information digitally “anytime, wherever you are”, but it will no longer arrive automatically through the post.

The move is part of the bank’s continued push towards digital banking and paper-free services.

Santander said customers can continue to view account charges through its online and mobile banking platforms, while fee information for individual accounts will also remain available through each account’s Fee Information Document.

The bank says 9.2 million customers have already switched to paper-free banking.

On its website, Santander says: “Going paper-free means that you’ll get your statements and other important notices online and not by post.

“We have 9.2 million Santander customers who are paper-free and are seeing the benefits.”

Customers who choose paper-free banking receive an email whenever a new statement or document is available to view.

Documents remain accessible online for up to seven years, and can be downloaded or printed if required.

The change comes as banks continue shifting more everyday services online, with customers increasingly encouraged to manage their accounts through banking apps rather than paper correspondence.

Anyone wanting to keep track of their annual banking costs will now need to check their fees through Santander’s online or mobile banking instead of waiting for a yearly paper statement to arrive.





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