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Tag: Savings


5 facts about borrowing and debt

A ten pound note jigsaw

Brits don't think they're in serious debt until they owe more than £14,000, according to insurer Bright Grey. We answer five common questions about borrowing and debt.

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Inflation falls but petrol price hikes hit pensioners hard

Calculator

The UK rate of inflation fell last month to its lowest level since February 2010, according to official figures out today (22 May).

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Pension savings lowest for eight years

Old couple holding hands

Pension savings hit a record low as only 46 per cent of people are saving enough for their retirement.

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No state pension until age 77

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Children born today may not be able to retire until they are age 77, according to a report out this week. But can we really carry on working this late in life?

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Weird places people hide cash around the home

Toy house with a pound coin garden path

Whether it's the underwear drawer or under the floorboards one in five Brits keep the lion’s share of their spare money at home or in their cars, a new poll by Confused.com finds.

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Are you ignorant about pension auto-enrolment?

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Do you know what auto-enrolment is and how looming changes in pensions law could affect you? If not, you’re not alone.

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One in four Brits lack any savings

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Around 27 per cent of Brits lack any savings, according to new research. Do you have money put aside for a rainy day?

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FSA warns 76,000 people on conmen hit list

A ten pound note jigsaw

Financial regulator the FSA is contacting 76,732 people to let them know they are targets for fraudsters.

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Research predicts surge in older people needing long-term care

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The number of people needing long-term care will surge by 2025 as a result of increased life expectancy, according to a new report by retirement specialist LV=.

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How retirement has changed and how to prepare

An old couple taking a walk

Today, if you want a comfortable retirement, you need to plan well in advance and hope that you can save enough to generate the pension income you need.

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