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Savings

Pensioners at risk from scammers

Fraudulent pension schemes, employer impersonation and fake financial advice are some of the tactics used to defraud pensioners, according to Citizens Advice.

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Consumers have concerns about pension freedoms

Consumers are concerned about the potential risks of taking their pension as cash, a survey by the National Association of Pension Funds has shown.

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Pension changes come into effect

Rules on how savers can access their defined contribution pensions from age 55 have changed.

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Low inflation provides savings boost to over-55s

The falling cost of living is allowing over-55s to increase their savings and pay off debts, a survey by Aviva has found.

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Retirees provide financial support to families

More than a third of people retiring this year are currently supporting their families financially, according to survey by Prudential.

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Retirees face income shortfall

The new pension freedoms coming into force on 6 April 2015 could result in 1.4 million people having inadequate retirement incomes, according to research by the International Longevity Centre UK.

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Budget 2015 savings measures popular with public

The new ISAs and tax breaks announced during Budget 2015 have proven popular with the public, according to a survey by uSwitch.

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New ISA to help first time buyers

A new type of ISA will provide a financial boost to people saving to buy their first home, the Chancellor has announced during his 2015 Budget statement.

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Chancellor shakes up annuity market

Annuity holders will be able to sell their retirement income without incurring a 55% tax charge under plans announced by the Chancellor George Osborne.

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Average savings highest in a decade

British people saved more money in 2014 than in any year during the past decade, according to figures from National Savings & Investments.

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