Savings

Recently retirees’ share of wealth passes the under 45s

Recent retirees now enjoy a larger share of property wealth than people under 45.

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Self-employed workers fail to save for retirement

Less than 1 in 10 self-employed workers made personal pension contributions in the 2013/14 tax year.

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First-time buyers set to open Help to Buy ISAs

Help to Buy ISAs are set to launch from the 1 December, aiming to help first-time buyers save a deposit for a home.

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Many expect to retire before state pension age

People in work expect to retire before they reach their state pension age, which could lead to potentially unrealistic retirement planning, according to research by Prudential.

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Millions have no saving strategy in place

11.7 million people have not been able to contribute towards their savings for a number of years.

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Repayment confidence high among consumers

84% of people state they are feeling more confident in keeping up with their repayments as we enter what is traditionally an expensive time of year for many.

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Workplace pensions seen as safest retirement investment vehicle

Workplace pension schemes are considered to be the safest way to invest for retirement, according to new research by the Office for National Statistics.

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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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