Takeup Levels Awareness
How to save money in 2011Kevin Mountford, head of banking at Moneysupermarket.com takes a look at eight ways to save money in 2011. |
Retirement income 'drops by 7% in 2010'Average income from pension savings fell to £16,509 this year, a drop of seven per cent. |
Finances 'are biggest retirement worry'Sainsbury's Finance has launched a new 12-month variable cash ISA paying 2.6 per cent AER. |
Impending pension closures 'underline need for savings flexibility'A recent report indicating that 94% of employers are planning to reduce or scrap their defined benefit pension provision has underlined the need for greater flexibility in long-term savings, according to a former Downing Street adviser. |
Savers urged to use `cross-section` of assetsSavers looking to build up a nest egg for their later years should use a "cross-section" of assets to maximise their potential returns, according to one expert. |
Thinktank calls for savings overhaulTax-incentivised savings products like ISAs should more closely linked with pension funds to encourage people to put money aside for their long-term future, a new report has argued. |
Recession "dents" Britons' retirement plansThe economic events of the past 12 months have put a serious "dent" in the retirement plans of many Britons, with more than one in five now expecting to have to work for longer. |
Election makes retirement planning key issue, survey findsPlanning for retirement has become the top issue driving consumers towards seeking the guidance of an independent financial adviser (IFA), a new survey has found. |
Poll: 32% thinking about pension savingThe number of people thinking about saving for their retirement has shown a "significant rise" over the past 12 months, according to a new poll from Legal & General. |
Britons rank wealth above health for retirement happinessHaving financial security has been named the most important factor for a happy retirement in a new poll of British employees. |
One in four believe state will pay for old age careA quarter of people mistakenly believe the state will cover their long-term care costs. |
Pension saving in a recession webchatThe recession has made everyone think a little harder about their financial security and if you have a pension - or are thinking of starting one - a little free advice to get the most out of it can never be a bad thing. |
Inflation could slash pensioner incomesHigh inflation could potentially reduce pensioner incomes to near nothing, echoing devastating consequences that occurred in past recessions, according to research. |
UK faces 'pension perfect storm' - VideoThe UK is sailing into a pensions "perfect storm", as the recession leads people to ignore long-term savings. |
Pension contributions chopped as recession hits budgetsEighteen per cent of UK workers have cut back on their pension saving because of the credit crunch. |
30-somethings face tough futureMany of today's 30-somethings will have to work into their 70s or start earning six-figure salaries to afford retirement. |
Britons fear financing savings-poor parents and childrenA generation of Britons are facing the financial 'hat trick' of funding their retirement as well as supporting both their parents and their own children, according to the latest study from Norwich Union. |
1980s Yuppies struggling in the noughtiesForty-five per cent of 1980s young professionals are now struggling or failing to live within their means as the Yuppy good times fade into middle-age. |
Grandparents in £57bn of debtMore than a million retired Britons are in debt, with many still owing more than £50,000 even after they have finished work. |
Older Brits run out of time for pensionsLarge numbers of Britons in their 40s and 50s have no pension plans in place, despite having little time left to save. |
Pensioners missing out on £119.05 a weekAny pensioner not receiving at least £119.05 a week is missing out on free money from the government. |
Inflation could wreck retirementsThe majority of people approaching retirement are taking no steps to protect themselves from inflation. |
Over 55s are richest BritsBaby boomers are better off than any other British age group new figures show. |
Inheritance will save usBritons in their 20s are banking on inheritance to bail them out financially, rather than plan for their future. |
Brits pick property over pensionsBritons are losing faith in pension funds, preferring to invest in property, research shows. |
