Savings

Outlook for savers worsens as inflation rises again

Savers are likely to see a further drop in the value of their money following January’s sharp rise in the rate of inflation.

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Pension cut-off date approaching

Pension savers who wish to use their retirement pots sooner rather than later will need to act quickly if they are not to be faced with a five-year wait.

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Pension incomes hit by significant decline

Retirement incomes have seen a sharp fall over the past ten years, a new study has revealed.

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Dip in dividends poses threat to pensions

Dividend payments by UK companies fell by £10 billion in 2009, it has been reported.

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Savers turn to investment funds

Poor returns on conventional deposit accounts saw more and more savers choosing instead to put their money into investment funds last year.

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Consultation on retirement age closes

The government’s consultation into the future of the default retirement age of 65 has closed.

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Savings on the increase during the recession

The recession appears to have prompted people to save more but only a little more.

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Share ownership among individuals sees downward trend

Just one in ten shares listed on the London Stock Exchange were owned by individuals at the end of 2008, new figures have revealed.

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Drop the compulsory retirement age, says Equality Commission

Employees should be allowed to continue working after the age of 65, the Equality and Human Rights Commission (EHRC) has argued.

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Pension funds register drop in deficits

There has been a distinct improvement in the state of the UK’s final salary pension schemes.

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