A recent survey has revealed the startling statistic that over 16 million people in the UK have less than £100 of savings.
Millions have less than £100 in savings
News
New lifetime allowance could hit more than just ‘pension millionaires’
Latest figures show the pensions lifetime allowance suggest a considerable number of middle-income earners are hit by the lower threshold.
US interest rates
Following speculation over an increase in Federal Reserve interest rates, one board member has declared they are in no rush to do so.
November 2016
Last month ‘nothing much happened’ on the world’s stock markets. As you’ll see this month two markets were significantly ahead.
Triggering pensions freedoms without a plan could be costing you money
Research shows that pension freedom has led to thousands taking large sums from their pensions only to put the money in low-interest savings.
It’s not just the UK facing a steadily increasing retirement age…
Whilst the Brexit result may make the UK look distant from Europe, when it comes to retirement, we may be closer than you think.
You have a financial plan, but do you have a financial plan B?
One of the most frequent mistakes made is planning for too short a retirement and without having alternative plan to turn to.
What’s happening at Deutsche Bank?
Deutsche Bank has been battling to reduce a $14bn penalty from the US authorities for mis-selling mortgage bonds.
Would you be happy renting in retirement?
A goal for many for retirement is to enjoy their home after finishing their mortgage. Owning outright however, is becoming more difficult.
Key findings from LV’s saving and retirement report
A recent report has shown some worrying figures surrounding those who have nothing saved for when they finish working.