Pensions Savings Investments

Lack of financial management skills widespread

40% of adults are not in control of their personal finances, research by the Money Advice Service suggests.

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1 in 7 plan to use new ISA flexibility

1 in 7 people are planning to take advantage of the new cash ISA rules that come into effect next April, research by Yorkshire Building Society shows.

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Over generosity risks parents' finances

Parents who lend money to their children are at risk of compromising their own financial position, according to a survey by Investec Wealth & Investment.

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ISAs funding retirement plans of 30 and 40 year olds

People in their 30s and 40s are investing more into ISAs to help fund their retirement plans, according to new research by Fidelity Worldwide Investment.

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Majority of pension withdrawals go to under-65s

4 out of 5 cash lump sums from pensions are paid out to under-65s, according to the Association of British Insurers.

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Over-55s plan house purchases

More than a third of people over 55 are planning to buy at least 1 more property in their lives, research by Prudential has found.

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Savers misunderstand pension tax relief

Two thirds of people don't understand pension tax relief according to a survey by Aviva.

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Over-50s turn to stock market to fund retirement

A large number of over-50s are turning to stock market investments to help fund their retirement, according to research by Saga.

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Britons rely on inheritance for retirement income

More than a third of British workers will need a boost from inheritance to provide a stable retirement income, research by LV= has found.

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Treasury announces financial advice review

A review into financial advice services will look at how the market can work more effectively for consumers, the Treasury has announced.

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