A Government advisor has said that millions of employees may have to continue working until they are 70. Lord Hutton of Furness, has stressed that people need to stop assuming that they will be able to retire at 65 like their parents and grandparents before them.
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Hutton warns that millions will work into their 70s
Posted on Friday, February 10th, 2012 in News, Retirement
Many women face being frozen out of Auto-enrolment
Posted on Thursday, February 9th, 2012 in NewsWomen on part-time or low earnings could be left out of plans for the automatic enrolment of pension schemes later this year.
More young people are turning to grandparents for help to buy first home
Posted on Friday, January 27th, 2012 in NewsFor many young people today, the only way to get on the property ladder is with help from their parents. However, recent economic troubles have found that many parents are unable to help out their offspring and grandparents have had to step in.
Funeral Directors accused of hard-selling extras at funerals
Posted on Friday, January 20th, 2012 in NewsConsumer experts Which? have conducted undercover research that shows many funeral firms are using hard-sell practices on recently bereaved families.
Scottish and Southern Electric and British Gas announce price cuts
Posted on Friday, January 13th, 2012 in NewsFollowing the announcement of gas tariff cuts of 5% from EDF energy this week, another two of the big six have reduced their prices.
Scottish and Southern Electric (SSE) will reduce their gas tariffs by 4.5% on the 26th of March and British gas is taking 5% off its electricity prices with immediately effect.
Shell closes its final-salary pension scheme
Posted on Friday, January 6th, 2012 in NewsThe oil giant Royal Dutch Shell is shutting off its final-salary pension scheme to all new UK employees from the start of next year.
Labour reveal sharp increases in costs for home care for elderly
Posted on Friday, December 30th, 2011 in NewsThe Labour party have conducted a survey using the freedom of information act, which reveals that there has been a sharp increase in the fees for local council services for the disabled and elderly.
Poorly advertised Warm Homes Discount leaves many pensioners in the cold
Posted on Monday, December 19th, 2011 in NewsMany of the elderly will miss out on the fuel poverty scheme because of poor publicity and the scheme itself being too complicated.
Treasury announce new plan for Isa top-up
Posted on Monday, December 12th, 2011 in NewsThe Treasury is planning new rules that will allow investors, who lost ISA savings due to the financial firm going bust, to refill their annual allowance.
Banks helping small businesses obtain credit
Posted on Friday, December 2nd, 2011 in Finance NewsSantander are among the banks who have announced new funds aimed at helping small businesses obtain credit. The new Breakthrough fund from Santander totals £200 million of available credit. It will be available to companies with an annual turnover of less than £10 million who are traditionally considered a worse risk than larger companies. The [...]
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