Tag: Money
Workplace Savers Don’t Understand Pension Workings
A huge financial knowledge gap means most retirement savers have no idea that their money is invested in stocks and shares. This means they fail...
Older Borrowers Unlock £840m Cash From Property
Older homeowners are drawing cash out of the value of their properties to pay down their debts, suggests new research. The money is settling mortgages,...
How A Pension Break Can Impact Retirement Finances
Taking a break from making pension contributions can cost much more than the savings by the time a saver retires, argues a new study. The...
UAE Tax-Free Cash Bonus Is Retirement Boost For Expats
Expats are relying on their tax-free end-of-service gratuities in the United Arab Emirates to bolster their pension savings. Nine out of 10 expats are paid...
Pension Complaints Rocket By 24%, Says Ombudsman
Complaints about pensions have soared by 24% in a year, says the Financial Ombudsman. The independent adjudicator highlighted poor advice is putting some people’s lifetime...
Bitcoin Value Soars To Become The Year’s Best Investment
In a spectacular reversal of fortune, cryptocurrency Bitcoin is on target as the best performing investment for this year. After a colossal collapse from being...
No One From UK Makes The World Billionaire Rich List
No one on the British rich list of the country’s wealthiest people has a personal fortune that would put them anywhere near a top...
Cashless Society Is On The Way, Warns New Report
A boom in mobile payments is pushing a drive for cashless economies ahead in some South East Asian countries. The springboard is easy access to...
Come Clean About Stealth Taxes, Urges Think-Tank
Successive Chancellors of the Exchequer have stealthily increased tax rates for hundreds of thousands of high earners by freezing, a think-tank study has revealed. Economists...
Central Banks Stockpile Gold To Drive Up Global Demand
The demand for gold hit grew 7% year on year on the first quarter mainly driven by central banks stockpiling more of the precious...
Investing For A Retirement Until You Are 100
Deciding how much to save for retirement is always a thorny problem – but new longevity data pinpoints people may have to plan to...
Making Yourself Ready To Invest
You have several pounds saved in a bank and you want a better return than the poor interest rate you are getting, so what...
Did You Hit The Financial Crunch At 35?
If you are aged around 35 years old, the chances are you have hit a financial wall as you juggle with a mortgage, bringing...
Shoppers Are Losing Contact With Their Cash
Contactless smartphone payments are becoming more popular and threaten to replace cash soon. The number of contactless payments doubled last year while cash withdrawals plummeted...
Families Who Stay Together Spend Together
The pattern of how families share their wealth are changing, says new research. Young adults relying on hand-outs from their parents are still popular, but...
MPs Ready To Take On Pension Scammers
Pension scammers are coming under fire from MPs who want to do more to stop fraudsters preying on vulnerable savers. The UK Work and Pensions...
Too Many Pension Savers Set To Run Out Of Cash Too...
Retirement savers face a crunch time because they are spending too much pension cash when they are younger and severely underestimating how long they...
How To Top Up Your State Pension
If you have missed some vital years that mean your state pension is less than expected, don't despair because you can buy a top...
Big Fines Await Workers Saving Too Much In Pensions
Workers are often chastised for not saving enough for retirement, but fines lie in wait for the tens of thousands who save too much. The...
Young Adults Trapped In A Money Spiral They Can’t Escape
It seems most of us feel unfulfilled financially and despair they will never have enough spare money to spend how they like. This despondent thought...