Pensioner Investment/Savings

Millions of Britons are using credit cards and overdraft facilities to make ends meet each month, according to a new report.Data from a study by uSwitch.com has revealed that 13 million Britons are just breaking even each month, while 5.4 million are spending more than they earn.According to the price ... read more

The number of people seeking online advice to combat their financial difficulties is on the rise, according to one industry body.Figures from a recent report by the Consumer Credit Counselling Service (CCCS) revealed that more than 150,000 people sought debt advice from the organisation's online team in 2009.According to the ... read more

Saving the UK's defined benefit (DB) pension schemes is going to be high on the agenda of the forthcoming Accounts Summit to be held by the National Association of Pension Funds (NAPF).The organisation has revealed that it is to discuss "better methods" for valuing pensions and ensuring the survival of ... read more

Seven more pension schemes have been added to the Pension Protection Fund (PPF), it has been announced.The schemes were taken "under the wing" of the PPF in February, taking the total amount of schemes under PPF protection to 120.According to the PPF, the transfers mean an additional 2,535 people in ... read more

Annuity customers have been advised to shop around and investigate what they are eligible for in terms of annuities.The advice comes from retirement specialist MGM Advantage, which said too many people just accept the first annuity they are offered.Aston Goodey, the firm's director of sales and marketing explained: "Once you ... read more

Figures from a recently-published report from consumer advice website uSwitch.com have revealed that more than 16 million people expect to experience a wage freeze this year.Of those who do feel they will see their pay increased, more than nine million believe the rise will be lower than the current rate ... read more

Almost half of people aged over 50-years in the UK have subscribed to the increased tax free ISA allowance, according to Barclays bank.New figures released by the financial firm have revealed that 48 per cent of the country's over 50s have already subscribed to the new limit.Barbara-Ann King, head of ... read more

Britons need to find an extra £1,222.66 to enjoy the same standard of living they had 12 months ago, it has been claimed.The figure comes from income specialist MGM Advantage, which also revealed the extra amount retirees need to raise.According to the study, people aged between 65 and 74-years need ... read more

Fewer than two in five women work on their long-term financial plans, new research has revealed.The study, conducted by insurer Standard Life, found that only 38 per cent of women plan their finances compared to half of men.In addition, the poll revealed that women are far less likely to have ... read more

The gap between wholesale gas prices and the cost to customers is increasing, it has been claimed.A recent report by price comparison service moneysupermarket.com has revealed that gas bills are currently at a "ten year historic high" despite wholesale prices being 60 per cent lower than their 2008 peak.As a ... read more