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.

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.

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.

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.

Brexit uncertainty over retirement savings

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

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%.

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.

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.

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.

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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