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Number of people still working over the age of 65 trebles since 1998 26 Aug 2013 | 06:24 pm

A survey conducted by the TUC has found that the number of people still working past the state retirement age has nearly trebled over the last 15 years. The Trade Union Congress’ study found that in ...

Rising house prices sees record inheritance tax receipts 2 Aug 2013 | 05:50 pm

The amount of inheritance tax the treasury collected last year increased by 8%.  The total amount paid was over £3.1 billion, the highest since 2007. Estates worth more than the £325,000 threshold se...

Almost of third of over-55s don’t have a personal or workplace pension 26 Jul 2013 | 02:17 pm

Research from pension giants, Aegon, has found that many workers who are due to retire in the next ten years are not contributing towards a pension plan. The group’s study shows that 30% of people ag...

PPI suggest a flat rate of tax relief on pension contributions of 30% 19 Jul 2013 | 06:02 pm

A think-tank is proposing that tax relief being reduced for the wealthy to give more to the low and middle income workers in order to increase pension savings. The Pensions Policy Institute (PPI) thi...

Income gap narrowest since 1986 10 Jul 2013 | 05:50 pm

According to data released by the Office for National Statistics (ONS), In 2011/12, the bottom 20% of households in the UK in terms of wealth saw nearly a third of their disposable income go on indire...

Funding for Lending bad news for elderly savers 2 Jul 2013 | 08:04 pm

According to recent research, inflation and low interest rates are contributing towards saving losing out on more than £17 billion a year. With inflation currently standing at 2.7% (in April and May)...

Two million pensioners have just £8 a week disposable income 1 Jul 2013 | 06:46 pm

A recent survey has found that an average 11 year old has more disposable income than nearly two million British pensioners, and the savings crisis is helping to create a generation of impoverished re...

George Osborne hints at cutting universal benefits for wealthy pensioners in next election 24 Jun 2013 | 02:51 pm

Conservatives are likely to bring in means testing for universal benefits for pensioners if they win the next election. Despite David Cameron promising that pensioner’s benefits would remain until 20...

Air fare increases cause inflation rise 18 Jun 2013 | 05:09 pm

Inflation increased last month by a bigger margin than predicted by financial experts.  The increase will put further strain on many of the UK’s households as it heads into summer. According to data ...

Labour to introduce a cap on state pensions if they get re-elected 11 Jun 2013 | 10:53 am

In a recent announcement, shadow chancellor, Ed Balls, has said that Labour will more than likely introduce a cap on state pensions if they win the next election. In an interview with the BBC, Mr Bal...

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