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Savings

Saving picks up among UK households

More than two thirds of people in the UK have managed to save over the past 12 months, according to research by Lloyds Bank.

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Pension savers unprepared for retirement

More than half of retirement savers have never checked their pension pots, according to a report by Aegon UK.

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Record increase in household wealth

Total household wealth reached an estimated £9.1 trillion at the end of 2014, according to research by Lloyds Bank.

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Over-55s want retirement advice to be compulsory

Two thirds of over-55s think financial advice should be compulsory for people nearing retirement, research by MGM Advantage suggests.

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Retirees breaking inheritance traditions

Traditional ways of passing on inheritance could be 'dying out', a report by HSBC has suggested.

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Mortgage applicants change spending habits

Prospective homeowners are changing their spending habits in order to make their mortgage applications more successful, research by MoneySuperMarket has found.

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Annuity rates hit record low

Average rates of standard annuities have fallen to a record low just 3 weeks after the government's pension reforms were introduced, research by Investment Life & Pensions Moneyfacts has found.

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Young people not saving for retirement

More than half of 18-35 year-olds haven't started saving for retirement, research by NOW: Pensions has shown.

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Adults get savings boost living with parents

Almost three quarters of parents still have children aged over 18 living with them, according to research by TopCashback.

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Divorcees face reduced retirement income

Divorcees planning to retire in 2015 can expect to have an average of £2,100 less a year from their expected retirement income than those that stay married, research by Prudential suggests.

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