Tag: Money
Rich Should Pay More Taxes, Urges Think-Tank
The rich are not paying enough tax and the government should raise wealth taxes and scrap saving subsidies, argues a leading think-tank. Chancellor of the...
Fifth Of British Baby Boomers Are Millionaires
One in five British baby boomers are millionaires, according to analysis of official data. Baby boomers - those born between the end of the Second...
Can You Beat The Odds And Survive January?
It’s a result for many people to get to the end of January without dying or getting divorced. The second week of January traditionally sees...
Pension Ban Rings In Changes For Fraudsters
The ban on pension cold calling has finally come in to effect. Making unsolicited calls to consumers about pensions are illegal from January 9. Companies breaking...
250,000 NHS Staff Dump Generous Gold-Plated Pensions
Hordes of NHS workers are dumping their gold-plated pensions even though they could face an impoverished retirement. Nearly 250,000 staff have dropped out of the...
Investors Lost £9m In Truffle Pension Liberation Scam
An elaborate scam to persuade wealthy investors to stake their cash against growing truffles cheated more than 100 people out of £9 million. The investors...
Retirement Dreams Are A Financial Nightmare For Many
There’s a big gap between how people would like to spend their retirement and their financial reality, according to a new survey. Travelling, taking up...
Low Paid Don’t Need Pension Tax Breaks, Claims Think-Tank
Don’t give pension saving tax breaks to the poor - they can’t afford to take advantage of them, says an international think-tank that comes...
Pension Transfer Frenzy Cooling
Pension fever is cooling as fewer workers request transfer amounts from providers and the shine goes from golden goodbyes as companies offer to less...
State Pension Ages Rise For Millions Of Baby Boomers
The UK state pension age has just gone up for millions of people born after December 5, 1953. The rise is the first of a...
Billionaires Are Just Getting Richer
Billionaires belong to an exclusive club that numbers 2,754 people out of the entire world population of 7.6 billion. But their wealth soared by a...
Do You Make Risky Retirement Finance Decisions?
One in seven over 40s risk struggling with their finances during retirement, according to a new report. They are considered high risk because they do...
Is Your Pension Linked To How Good You Feel In Retirement?
Older people who tussle with their finances rather than investing in a guaranteed retirement income are more miserable, says a new survey. In a twist...
MPs Set To Tackle Expat Frozen State Pensions
Moves are underway for expats to launch a fresh attempt at overturning rules which freeze their state pensions. For 70 years, British expats have argued...
Don’t Overlook Those Unforeseen Retirement Costs
How much money you will need for retirement is one of those imponderable questions that is almost impossible to answer. To calculate the right amount,...
Cost Of Dying Set To Soar For Wealthy Families
A new stealth tax on families passing wealth across the generations will start to bite from April 2019. That’s the date when the cost of...
One In Three Over 50s Have No Retirement Savings
Nearly a third of the over 50s are looking forward to a miserable retirement because they have less than £1,000 in the bank or...
Financial Rescues Cost Lifeboat Service £150,000 A Day
The true cost of rogue pension advice has been revealed in data released by a consumer champion. Savers have lost millions of pounds to rip-off...
A Million Pensions Worked Out On Wrong Payment Data
Almost a million retirement savers will have to get by with wrongly calculated pension payments because the tax man has pulled the plug on...
Millennials Fall £395,000 Short In Pension Saving Target
Retirement savers are wildly off target when they set pension goals, according to a new survey. Half of savers aged between 25 and 40 years...
