Pension withdrawals soar by 20% in 2021 as cost of living starts to bite
£8.3bn was flexibly withdrawn from pensions between April and December 2021 – a 19% increase on the same period in 2020. 648,0..
Finance
Finance
PENSIONERS ARE MORE SAVVY THAN TEENAGERS WHEN IT COME TO SCAMS AND ONLINE SECURITY, ACCORDING TO NEW RESEARCH
New research commissioned by unbiased.co.uk has highlighted that 16-29 year olds are scammed much more than pensioners. In fact..
Finance
Becoming a Cashless Society: More than 1 in 10 Brits never withdraw cash
Leading mobile reseller Buymobiles conducted a nationwide survey on the UK’s payment method habits. Findings showed an overwhelming ..
Finance
Cryptocurrency: Risky investment or trusted asset?
WHAT: A global survey by consumer insights provider Toluna that interviewed 9,000 people between the ages of 18 and 64 years from four..
Finance
Constant tinkering with rules is top worry for pension savers
When asked their biggest concern about pensions, 30% of people said constant tinkering with rules made them nervous. Investment volat..
Finance
Don’t let stock market dramas cause a pension crisis.
Market volatility can cause people to cut or even stop their pension contributions. Pensions are a long-term strategy and while marke..
Finance
Pension Credit take up increases but 850,000 still miss out
Two-thirds (66%) of families that could receive Pension Credit were doing so in 2020. This is a 3-percentage point increase on 2019 f..
Finance
NS&I hikes rates but is it enough to tempt savers?
NS&I announced it will raise interest rates on both its Direct Saver and Income Bonds to 0.5% from today. Interest rates for both..
Finance
Junior SIPPs: Making child’s play of retirement planning
You can pay into a Junior SIPP (JSIPP) for a younger member of the family from birth until the age of 18. At 18 it becomes a SIPP and..
Finance
VAPERS IN DARK ABOUT IMPACT ON LIFE INSURANCE
Brits confuse health advantages of vaping with financial benefits However, Brits overestimate impact of smoking on life insurance Al..
Finance