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SunLife: Funeral costs rise by 5.5% in a year
Funeral costs rising at 10 times the rate of inflation SunLife’s annual Cost of Dying research shows that the cost of dying is the fastest-rising of any fixed cost in the…
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Young Brits have ambitious retirement plans, claims Scottish Widows
Young Brits are looking forward to a greater later life with 75% of millennials expecting their quality of life to be improved or maintained in retirement, according to new research…
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Women’s retirement income hit as gender gap grows
According to new research from Prudential, women who plan to retire this year face a retirement income gender gap of almost 30%. The life insurance and pensions provider’s Class of…
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Homeowners relying on property for retirement income, claims Aviva
Long-term growth in UK house prices and homeowners’ lasting attachment to their homes mean people are turning their attention towards property wealth to help manage their finances and boost retirement…
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Funeral planning could save customers £6,500
With the base rate remaining at an all-time low and funeral costs likely to exceed £5,500 by 2026, data from funeral provider Co-op Funeralcare suggests those looking for new places…
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New Real Income Builder at L&G to boost retirement funds
Legal & General Investment Management (LGIM) has introduced a new Real Income Builder to help defined contribution and individual pension investors as well as long-term savers prepare for the future….
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Pensioners must halve living costs, claims retiresavvy.co.uk
New pensioners will need to halve their cost of living following the introduction of the new state pension, according to recent research from retiresavvy.co.uk. The study found that millions of…
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Over-55s switching suppliers in preparation for retirement
According to a new study from Sainsbury’s Bank, many over-55s have major plans to overhaul their finances in 2016 in a bid to make their money go further. Research included…