Class of 2014 expectations

Posted on January 9, 2015 by - Uncategorized

What are the hopes of last year’s university leavers?

2014’s university leavers expect to have bought their first home by the age of 30, according to research published by Endsleigh. The research also reveals that, by the age of 30, the university leavers also expect to be married (average age 29), established in their career (average age 27) and to have a child (average age 30). (more…)

What’s your magic number?

Posted on January 9, 2015 by - Uncategorized

The first concise picture of current and changing sources of retirement income

Current retirees are satisfied with 47% of pre-retirement income according to a recent report that reveals those approaching retirement are expecting to receive £23,700 per year when they retire. The Retirement Income Uncovered report by Old Mutual Wealth also shows that the average income in retirement today is currently just £19,000 – a shortfall of £4,700 per year, or 25%. (more…)

New pension freedoms

Posted on January 9, 2015 by - Uncategorized

How future retirees may take advantage of their pension lump sums

Research showing how retirees use their pension lump sums to pay off debt provides an insight into to how pension cash unlocked following the new freedoms available from 6 April 2015 could be used. (more…)

Gender gap closing

Posted on January 9, 2015 by - Uncategorized

Report shows the proportion of people preparing adequately for retirement is on the up

The number of women saving adequately for retirement has shifted from a record low to a four-year high in the last 12 months, according to Scottish Widows’ annual Women and Retirement Report. (more…)

Meet the Full Nesters

Posted on January 9, 2015 by - Uncategorized

Providing financial support for adult offspring – what are the implications?

Parents with adult children living under their roof are spending £1,200[1] more than their Empty Nester counterparts each year on everyday household expenditure, bringing the total annual cost of ‘Full Nest Syndrome’ in the UK to £3.2 billion[2]. (more…)