The latest figures from the Office for National Statistics (ONS) show that four out of every five workers is now saving into a pension – in large part due to auto-enrolment. Since auto-enrolment was introduced the proportion of private-sector workers saving in a workplace pension scheme has more than doubled Read more…
According to a new analysis of bank records, savers could be missing out on billions of pounds of cash in forgotten bank accounts. The research, conducted by Gretel, has estimated that there is around £4.5 billion sitting within lost bank accounts in the UK – with the average saver missing Read more…
The rate of inflation is expected to peak at around eight per cent this year, having already reached near-record levels of 6.2 per cent. With the cost-of-living crisis persisting, higher fuel costs and many retailers already suggesting that they intend to increase their prices further to deal with their own Read more…
The Government has promised to reinstate the state pension ‘triple lock’, which could boost the State Pension by £733 next year. The controversial decision to suspend the triple lock to the state pension this year is likely to deprive pensioners of a record £822 increase but promises that it will return have Read more…
Throughout our lives we must meet important financial commitments, whether it is paying a mortgage, supporting school fees or building wealth for your family. However, life can throw curveballs at you, some more serious than others, which may affect your ability to meet these commitments or even manage day-to-day living Read more…