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Category: Uncategorized
The British Bankers Association (BBA) has launched a public consultation to find new ways to encourage more people to save. Economists, consumers groups, academics and members of the public are invited to submit evidence and ideas about how to address the sharp decline of savings levels over the past four decades.
Category: Life Planning & retirement & savings & Uncategorized
A new Age UK survey has found that over one million people aged 65 plus in the UK describe themselves as always or often feeling lonely, an increase on the figures last year, and two in five (41%) say that their TV or pet is now their main form of company.
Category: Education & Lifestyle & savings & Uncategorized
Parents want value for money from their childâs further education â they increasingly expect a good return on investment from sending their child to university according to a new report from HSBC, âThe Value of Education: Springboard for Successâ.
Category: pensions & retirement & Uncategorized
Much has been written about the new dawn of pensions flexibility ushered in by the Chancellor in his last budget. Amidst the thunderous applause and cries of âlong overdue!â from most pension holders there were, however, stern noises from certain quarters â Labourâs Ed Balls among them â that the overwhelming temptation for many would be to rush out and spend the newly release-able funds on hugely expensive sports cars and exotic once-in-a-lifetime holidays.
Category: retirement & Uncategorized
Faced with a hefty 55 per cent pensions tax bill because of HM Revenue & Customs new lower lifetime pensions allowance, many middle-to-high earners with generous pension arrangements are seriously on the lookout for alternatives to pensions as savings vehicles for retirement.
Category: Economy & Uncategorized
Many homebuyers are living hopefully, underestimating the cost of mortgages and would need to heavily cut back on spending in order to make ends meet, according to research by Experian. The average price of a property targeted by first-time buyers is ÂŁ235,000 while typical household income is ÂŁ50,674, the research has found.
