Over-65s dominate home ownership but many still face housing costs in retirement
In 2010-11, 76% of those aged 65 and over were owner occupiers. By 2020-21, this had increased to 80%. The majority of owner o..
Finance
Finance
The countries with the biggest increase in monthly mortgage payments:
Rank Country Average Property Price GBP Average Mortgage Payments per Month Monthly Difference (2021-2022) GBP 2021..
Finance
BoE Financial Stability Report: Liquidity lessons need to be learned in aftermath of LDI crisis
The Bank of England’s report looks at the pension industry’s response to the liability driven investment (LDI) crisis. Over a ..
Finance
Mortgage lending to plummet 15% but re-financing supports market
Overall mortgage lending is expected to fall 15% – a return to pre-pandemic levels. Property transactions are predicted ..
Finance
Pensioners urged to check Pension Credit eligibility as cost-of-living payment deadline looms
Pension Credit claimants are entitled to a £324 cost of living payment as well as further payments of £900 to be paid next yea..
Finance
Don’t rely on property to fund retirement as downsizing dream can disappoint
One quarter of people said they planned to downsize their home in retirement. Over a third (37%) said they wouldn’t, with the ..
Finance
PPI report shows key groups remain under-pensioned but reform needs to be carefully timed
Private pension incomes of under pensioned groups remain below three-quarters of average population private pension incomes. U..
Finance
Financial services firms hiring flexible interims to safeguard earnings
As the demand for financial services talent continues apace, CFOs have warned that the spiralling upward wage rises cannot be sustain..
Finance
One in four could not cope in retirement without partner’s pension
Only 41% of people could cope in retirement if they didn’t receive a share of their partner’s pension. This plummets to around..
Finance
Payroll innovation has accelerated in 2022, with expert CloudPay reporting increased demand for Instant Salary Payments
The desire for standardisation, speed and cost efficiency, across global payroll and treasury systems has driven a spike in demand fo..
Finance