Retirees supporting family and friends financially

Retirees supporting family and friends financially

Retirees supporting family and friends financially Nearly 40% support grown-up children, a spouse or partner, a parent, an elderly relative, or a friend When times are hard, it makes sense that families will look for ways to support each other emotionally and...
Building financial confidence in children

Building financial confidence in children

Building financial confidence in children Sharing values and encouraging children to formulate their own Having a conversation with children about money early on helps them to build financial confidence and learn foundational principles that will be useful for years...
Many Britons unaware of incorrect tax codes

Many Britons unaware of incorrect tax codes

Many Britons unaware of incorrect tax codes What you need to know to avoid discrepancies and potential financial strain According to research[1], almost a third of UK adults who have checked their tax code (31%) have found that they have been on the wrong one at some...
Changing retirement trends

Changing retirement trends

Changing retirement trends Why the concept of a ‘hard stop’ retirement is becoming less prevalent New research reveals that more than a quarter (28%) of individuals aged 25 to 54 do not foresee a complete retirement in their future[1]. This suggests the concept of a...
State pension awareness

State pension awareness

State pension awareness What payments can you expect to receive from the government later in life? In April 2024, the state pension rose by 8.5% to £11,502.40 a year for post-2016 retirees. However, according to new research[1], one in seven (14%) retirees receive...
Young women and retirement

Young women and retirement

Young women and retirement How much income will you need for a comfortable retirement? Almost a quarter (23%) of women in their 20s (aged 22-29 years) would be frustrated if they couldn’t retire by the age of 60, according to new research[1]. Despite this, 10% of this...