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Category: Uncategorized
The UK Living Wage is an hourly rate of pay set independently and updated annually. It is calculated according to the basic cost of living in the UK, and employers choose to pay the Living Wage on a voluntary basis.
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A recent Scottish Widows Savings and Investment Report, dated October 2012 and exploring a variety of features of saving in the UK, suggests that there is a shortage of knowledge among the general public when it comes to savings and investments.
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Traditionally, parents have attached great importance to leaving an inheritance to their children, but attitudes are changing according to a recent survey by Just Retirement, the equity release and annuity provider.
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âNo news is good newsâ as the old saying goes â or as world stock markets interpreted it in September, âNo catastrophic news is good enough, thank you.â
Clearly all is still not well with the worldâs economy, but there were no full blown crises in September and most stock markets took this as their cue to inch forward.
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Anyone remember August 2007? Kanye West was number one with Stronger, Sven-Goran Eriksson was Premier League manager of the month â and the world was having a financial crisis. August 2007 was âwhen the world changedâ according to Adam Applegarth, the ex-CEO of Northern Rock.
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For most of us, itâs simple. Go to work every month, get paid, have a look at the pension deduction on your wage slip. Once a year you receive a pension update that you donât really understand. Oh well, pop it in the drawer with all the other updatesâŚ
