Savings

Early 30s have half the wealth of the previous generation

People in their early 30s, who were born in the early 80s have half the wealth of the previous generation.

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Home ownership more important than pensions for under 35s

Home ownership or pensions? Saving towards a new home is 3 times more important than saving for a pension for under-35s.

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People uncertain on when they will retire

Want to work longer? More than a third of working adults are uncertain on when they will retire.

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Savers take 'sensible approach' to pensions access

Savers are taking a 'sensible approach' when accessing their pensions with 57% of pots withdrawing 1% or less, according to data from the Association of British Insurers.

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Enhanced annuity sales fall

Sales of enhanced annuities fell by 29% in the first quarter of 2016, according to research carried out by Willis Towers Watson.

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Property wealth outstrips pension savings for many

Planning your retirement? 46% of over 45s see their property wealth as a key part of achieving their retirement income.

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Under 35s earning less than previous generation

According to research by Resolution Foundation, workers aged 15-35 could become the first generation to earn less than their predecessors over their working lives.

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Parent’s financial habits key influence on children

Do your financial habits shape the way that your children deal with money? 25% of people admit to following the same financial behaviours as their parents.

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Brexit uncertainty over retirement savings

Following Brexit, there have been concerns on the possible implications for retirement savings for pensioners.

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Lifetime ISA savers could face higher charges

Looking to use the Lifetime ISA? Savers could be faced with higher charges, reducing the value of their pots by 13%.

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