A new study has found that as many as one in eight people might still be paying into a mortgage by the time they retire. Although many of us dream of a mortgage-free life and retirement, an increasing number of households are finding that they still have money to pay Read more…
According to new Government figures pension participation has continued to rise in the last year despite the challenges of the pandemic, with 88 per cent or 20 million eligible staff now saving in a workplace scheme. On top of this, many individuals have continued to take advantage of the benefits Read more…
New data from Saga suggests that parents’ plans to pass on wealth are changing, with many choosing to give wealth to loved ones while they are still alive, often choosing to refinance assets to provide support. According to the study, around one in four over-50s anticipate supporting their children through Read more…
Memories of the 2008 recession and financial crisis are still very fresh in the mind of investors and businesses. So, the prospect of a recession remains high on the agenda for savers and their financial strategies. With the economy shrinking and inflation hitting a 40-year high, there are warning signs Read more…
The last month has seen the number of scam warnings issued by police, banks and financial regulators rise, as fraudsters prey on the cost-of-living crisis to target savers’ money. ‘Advance fee’ loans Lloyds Bank is one of the institutions to warn individuals about ‘advance fee’ loan scams, which have seen Read more…