The Pensions and Lifetime Savings Association has launched three new Made Simple Guides on Better Data, Better Governance; Diversified Growth Funds; and Foreign Exchange − extending the popular series designed to help demystify some of the most complex and technical areas of investment and pensions management. Commenting on the launch of the new Made Simple Guides, Graham Vidler, Director of External Affairs, Pensions and Lifetime Savings Association, said: “Workplace pensions have seen phenomenal change in recent years. Employers and pension...Read more

Six out of ten over 50s can’t live without online banking It’s a well-known fact that people over 50 are savvy with their money and it seems they are making the most of technology to keep track of their finances. Research shows that eight out of ten over 50s have used the internet in the last 12 months and half of these people use the internet to do online banking*. An online survey by Saga Personal Finance shows that one...Read more

Play Fair on Age campaign victory on home buyers age caps In last weekend’s Money section of the Sunday Times Anna Mikhailova reported on an important victory for a Sunday Times campaign to lift age caps on mortgages. The article cites that ‘every building society in Britain is set to review its age limits for mortgages’. The Play Fair on Age campaign has been battling to assist the plight of the elder buyer. An example the Times illustrated was that...Read more

Saving for your retirement? One in ten adults uses a piggy bank! Four in 10 UK adults say they are not saving for their retirement Almost half are saving for retirement in cash forms Holidays and rainy days are the top reasons for saving in general Almost half of UK adults are saving on a monthly basis One in 10 UK adults is using a piggy bank to save for their retirement, according to new research from Aviva. A delve...Read more

The Goodwill Partnership and Multiple Sclerosis Society partner to offer Will-writing services The Goodwill Partnership (http://www.thegoodwillpartnership.co.uk ), the UK’s leading Will-writing service for charities’ donors, has partnered with the Multiple Sclerosis Society (https://www.mssociety.org.uk). The MS Society is the UK’s leading MS charity, providing invaluable information, support and research funding as well as fighting for change. Founded in 1953, the organisation has over 35,000 members as well as 5,500 volunteers and 265 staff members whose stated aim is ‘to beat MS’....Read more

Pensioner property wealth hits £891 billion Over-65 homeowners are £3,700 better off on average over three months, Key Retirement Pensioner Property Index shows Retired homeowners have seen their property wealth grow by nearly £17.5 billion in the past three months as house prices continue to climb earning the average pensioner more than £1,200 a month, new analysis* from leading over-55s financial specialist Key Retirement shows. Pensioners who own their homes outright have gained an average of £3,725 each from their...Read more

Royal London study finds the cost of a UK funeral has risen by 3.9% in the past year The average ‘basic’ funeral now costs £3,702 - a rise of £140 in one year More than one in ten people struggle with funeral expenses – the average debt: £1,318 New research by Royal London – the UK’s largest mutual life, pension and investment company – reveals the cost of an average, basic funeral in the UK has increased by 3.9%. This...Read more