Financial News Roundup

560 315 Peter Deane
Pension

Have a read of our top financial news picks from this week! This week we look at what age you need to start saving for your pension to pension scammers.

The Guardian: Pensions: why self-employed people should mind the gap

Pension

There are more self-employed people in the UK today than ever before, and you can see why, when being self-employed has so many benefits and flexibility. However, 60% of self-employed people are not paying into a pension, putting themselves at risk of poverty in later life.

Read the full article there

The Independent: Would your savings survive a 100-year life?

Pension

Now we are living longer and longer will our pension see us through to being 100 years old. A 25-year-old would need to save £235 a month to have enough saved to last till they are 100 if you wanted £20,000 a year. If you leave it later then you will need to pay even more in every month.

Read the full article there

Money Marketing: What next in the battle against pension scams?

Pension

Even with bans and laws in place, such as the pension cold calling ban, there are still lots of scammers out there trying to get access to vulnerable people’s pensions. However, more people are reporting red flags and an increased number of people are seeking information around scams. This means there is now more awareness around scammers, and will hopefully mean a decrease in the number of pension fraud cases.

Read the full article there

We publish financial news roundup at the end of every week, so watch this space. If you would like to find out more about LowerMyCharges or how to switch your adviser, please contact us directly.

Leave a Reply

Simply fill in your details below

By completing this form you agree that your data will be used in accordance with our data and privacy policy which can be found here. Once you have pressed send an email will come out to you shortly to complete the on boarding process.