Savers fear waning state support for retirement
- Wednesday, 19 June 2024
- Articles
![Over half of Britons say that a political party’s commitment to maintaining the Triple Lock would influence their voting at the next general election](/media/k2/items/cache/c192b4ae8ead0f263be540fe44e9efcd_Generic.jpg)
Over half (55%) of savers over 25 believe that government support for retirement will decrease by the time they reach retirement age, according to a new report.
Read more...State pension age needs to be 71 by 2050, says ILC
- Monday, 05 February 2024
- Articles
![Many may face a longer wait for the State Pension](/media/k2/items/cache/af54bc5749ccfdeb8e2394e01bd7e3cc_Generic.jpg)
The UK will have to increase the state pension age to 71 by 2050 to maintain the number of workers per retiree, according to a new report from the International Longevity Centre UK.
Read more...Retirees £47,000 better off after financial advice
- Monday, 16 November 2020
- Articles
![Retirees are better off after advice](/media/k2/items/cache/c6990070920e6056bf20578a62695606_Generic.jpg)
Retirees who take financial advice are £47,000 better off in retirement - on average - than people who take no advice, according to a think tank which wants government to do more to encourage take up of financial advice.
Read more...Older client opportunity ‘wasted’ without a new approach
- Monday, 09 December 2019
- Articles
![The spending power of older people is set to soar](/media/k2/items/cache/3b42beb6cc16b9b49c7beb5d6ca9c121_Generic.jpg)
A leading thinktank says the older generation will be responsible for 63p in every £ spent by 2040 and could represent a golden business opportunity.
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