Buying a house.
It’s one of the biggest commitments your child will have to make when they grow up, but research from Halifax shows that many children and teens aged 11 to 21 are in the dark about how buying …
How often does the topic of money come up around your dinner table?
Less than half (49%) of European couples find household finance meetings exciting, according to ING. That’s okay, not everyone is interested in dissecting their income and …
The past decade has been miserable for savers.
Low interest rates, coupled with prolonged periods of relatively high inflation has meant that capital held in savings accounts is guaranteed to lose value.
However, research now shows that there might be …
In 1995, 65% of 25-34-year olds owned their own home.
With Bank of England (BoE) base rates above 6% at the time (Source: Bank of England (BoE)), today’s low interest rates should be a blessing to young adults.
However, just …
The Pension Freedoms reform means that you can access 25% of your pension fund on a tax-free basis from 10 years prior to your State Retirement age (also known as a Pension Commencement Lump Sum). More than half (54%) of …
By the age of 50, men’s pension pots are double the size of women’s, according to research from Aegon.
Why?
- The gender pay gap
- Differences in working hours
- Family responsibilities
What is the gender pay gap?
According to the …
Unsure about your financial stability in retirement? You’re not alone.
Just under half (46%) of people due to retire in 2018 feel that they are financially underprepared for retirement, according to Prudential. That is despite the average income for …
A new outfit, a cup of coffee, pizza on a Friday night. They’re small, impulsive purchases, but they soon add up.
Research from Scottish Widows shows that each month, we each spend an average of £124 on things we could …
Two incomes are better than one.
But what happens when one income suddenly stops?
For millions of people, it could mean significant financial danger, due to a lack of savings and insurance.
Who is in danger?
You might have heard …
Accessing pension funds early is not right for everybody.
In fact, without careful consideration, it could lead to financial difficulties later in life.
Data from Retirement Advantage shows that the amount people are taking from their pension has risen above …