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Savings

Displaying items by tag: Savings

Wednesday, 02 March 2016 10:53

Women have barely half pension savings of men

A TUC-sponsored report has found that women, carers, ethnic minorities and the self employed lag well behind behind the average man when it comes to pension saving.
Published in Articles
Tuesday, 17 November 2015 12:05

Leap in retirement saving among 25-74 year-olds

The proportion of 25 to 74 year olds saving for retirement has leapt up in the last two years, a report published this morning has suggested.
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A radical overhaul of the pensions and savings system should include the creation of ‘an ISA warehouse’, a Centre for Policy Studies analyst has proposed.
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Monday, 05 October 2015 09:08

4 in 5 cash lump sums paid to under 65s

The Association of British Insurers has revealed that around 80% of cash lump sum withdrawals were made by people who had not reached 65 years of age.
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New research has highlighted the extent of confusion about the UK pensions and savings system and how unimportant tax relief is to individuals’ decision making.
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Thursday, 10 September 2015 11:14

Workplace pension saving is surging, report finds

Employer contributions are crucial to boosting pension savings for over half (54%) of those enrolled in a defined contribution pension scheme in the UK, new research has revealed.
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Thursday, 03 September 2015 12:17

'Thousands of pensioners could be left penniless'

Thousands of pensioners could be left penniless and spending their retirement in poverty, a saving provider has warned, following news that savers have withdrawn £2.5billion since the reforms took effect.
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Debts of as much as £100,000 are following people into their life after work, a report on retirement planning has shown.
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About 10% of soon to be retirees plan to capitalise on the pension reforms to start a small business or go into consultancy, research suggests.
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A survey of 2000 consumers has revealed that 89% do not consider saving for retirement a priority. The survey also estimates that 15m people are not saving at all.
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