Savings

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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Pensioners losing 10% of retirement savings through charges

Pensioners could be losing up to 10% of their pension pot due to charges levied by providers.

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Workers fail to plan for retirement

Setting up a financial plan for your retirement? According to research by Aegon, a third of workers do not have a retirement plan.

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Savers fail to review pensions

Have you reviewed your pension recently? More than a quarter of savers have never reviewed their pension, according to research by Aviva.

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Lack of financial backup planning endangering households

Taking action to secure a financial backup plan? 1 in 5 households would not survive financially if they lost their main source of income through unexpected circumstances.

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