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8 in 10 Gen X concerned about retirement affordability

Almost 8 in 10 (79%) 45-54-year-olds (Generation X) say they are worried about spiralling living costs as they approach retirement, according to a new report.

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Consumers saving less due to increase in outgoings 

An increase in inflation and fuel prices is resulting in people spending more and saving less, a survey has found.

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TISA wants advice overhaul to reach 38m unadvised savers

Savings trade body TISA has called for the 38m unadvised UK savers to be given access to 'personalised' guidance from financial providers to avoid them being 'left behind.'

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LISA early withdrawal penalties triple to £33m

 

Lifetime ISA (LISA) early withdrawal charges rose by more than 300% to £33m in the 2020/21 tax year, according to a Freedom of Information request.

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