Monthly Archives: February 2015
‘Midlife crisis’
Baby boomers are some of the least prepared for retirement A recent survey has revealed the concerning fact that 40% of baby boomers, those aged 55 to 74, have not started to save specifically for retirement yet, despite two-thirds of … Continue reading
Consumer apathy
Education and information is essential in the lead-up to April 2015 changes Many of Britain’s over-55s say the massive changes to retirement income announced in this year’s Budget will have no impact on them, research from Aviva’s latest Real Retirement … Continue reading
Part-time landlords
7% of British adults now rent out property to supplement their main income Britain is seeing a boom in ‘part-time’ landlords where people are letting properties on the side to boost their main income, according to new research from LV= … Continue reading
Using tax-free cash to pay off debt
How retirees are taking advantage of new pension freedoms MGM Advantage has recently published new research[1] showing how retirees use pension lump sums to pay off debt, which indicates how pension cash unlocked following the new freedoms available from April … Continue reading
The Class of 2014
The hopes of last year’s university leavers 2014’s university leavers expect to have bought their first home by the age of 30, according to research recently published by Endsleigh. The research also reveals that, by the age of 30, the … Continue reading
Is the ‘job for life’ a thing of the past?
New workers likely to retire seven years later than their grandparents The typical Briton entering the workforce today can expect to have nine jobs, including one major career change, across 48 years of working[1].
Residential property reforms
Buyers benefit from a tax-free bracket and incremental steps up The change to residential property Stamp Duty Land Tax (SDLT) announced in the Autumn Statement 2014 will make the process fairer for the majority of homebuyers. The new rules started on … Continue reading