Money is key motivator for older workers returning to work as cost-of-living bites
Money is an important motivation to return to work for all groups, particularly younger groups, with 69% of 50–54-year-olds citing it ..
Finance
Finance
TOP FIVE WAYS PEOPLE CAN AVOID FINANCIAL MIS-SELLING
Mis-selling scandals of recent years have opened many consumers’ eyes to the risks of entering into financial products and agreemen..
Finance
IFS report shows we need wholesale pension tax review
IFS believes the tax treatment of pensions means people could increasingly use them as an inheritance vehicle than for retirem..
Finance
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
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