Up to a third of millennials could be invested in cryptocurrency by close of 2018

5 Jan 2018

A new report has predicted that a third of millennials – those born between the early 1980s and 2000s – will have money invested in cryptocurrency by the end of next year. Conducted by the London Block Exchange (LBX), the

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Only half of employees are happy with rise in Workplace Pension contributions

5 Jan 2018

A new study by Aviva has found that only 50 per cent of the 2,007 people it surveyed would definitely stay ‘opted in’ to a workplace pension scheme following a rise in minimum contributions. From April 2018, minimum pension contributions

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UK private housing stock worth £6 trillion

5 Jan 2018

For the first time ever, UK private housing stock has surpassed the £6 trillion value mark, according to the latest research from the Halifax. The Halifax report has shown that in 2017 the value of privately-owned homes has grown by

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First-time buyers exempted from SDLT on homes up to £300,000

7 Dec 2017

First-time buyers across the UK are celebrating after the Government brought an immediate end to Stamp Duty Land Tax (SDLT) on first home purchases on properties worth up to £300,000 – as well as savings on homes worth up to

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Are interest rates on savings finally set to rise following change in the base rate?

7 Dec 2017

In November, the Bank of England took the decision to raise its base rate for the first time in a decade, from 0.25 per cent to 0.5 per cent. While the increase may only be small, savers across the country

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Women nearing retirement have half the savings of men

7 Dec 2017

A committee of MPs has been told by a leading economist that women aged between 60 and 65 have on average less than half the pension pots of men of the same age. Michael Johnson, research fellow at the Centre

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Autumn Budget 2017

22 Nov 2017

When Chancellor Philip Hammond stepped up to the despatch box, he would have been acutely aware of the pressure he was under. Some 24 hours before the Chancellor was due to open his famous red box, the Office for National

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More than 15 million people still have no private pension in the UK, according to the FCA

10 Nov 2017

The Financial Conduct Authority has warned that more than 15 million people in the UK still have no pension savings, despite the introduction of workplace pensions. Its latest Financial Lives survey questioned 13,000 consumers revealing that 31 per cent of

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Workers likely to face problems with final salary pension schemes

10 Nov 2017

A number of leading associations are warning that members of final salary pension schemes could face problems in the future. Amongst those issuing warnings is the powerful pensions body, the Pension and Lifetime Savings Association (PLSA), which has said that

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Robots should be used to reverse the state pension age, says TUC

5 Oct 2017

The TUC has argued that robotics and artificial intelligence (AI) should be used to benefit working people – for example, by reducing the state pension age. In a new report, the umbrella body for trade unions investigated how the next

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