MILLIONS SET TO RELY ON £7K IN RETIREMENT – DON’T BE ONE OF THEM
The poorest pensioners are relying on the state pension for around three-quarters (78%) of their income in retirement, as reported by research carried out for the Pensions Policy Institute1. According to the report, the state pension is a major component of their retirement income for all savers, except for those who have been able to make their own pension arrangements.
For full briefing click here. Your Wealth Spring 2018
Rise of office hot deskers continues
According to Bloomberg, Debenhams is the latest retailer trying to get rid of excess space as it scales back its high street presence. The retailer is reported to be in early stages of talks with hot-desking firm WeWork, involving their flagship store on London’s Oxford Street.
For full briefing click here. Property Market Review April 2018
FURTHER IMPROVEMENT IN PUBLIC SECTOR FINANCES
UK government borrowing has fallen to its lowest level in more than a decade, a situation which may provide Chancellor Philip Hammond with scope to relax his tight grip on public spending.
For full briefing click here. Economic Review April 2018
SAVERS HAVE MISLAID OVER £400M IN OLD PENSION POTS – DON’T LOSE TRACK OF YOURS
If you’ve changed jobs during your career, you may find yourself with several pension pots with different employers or pension providers. It’s obviously very important to track down all the different pension schemes you’ve paid into, as you’ll want to be sure that when it comes to retirement you’re claiming everything you’re entitled to.
For full briefing click here. Your Money Spring 2018
Survey results show momentum is subdued
The recent Royal Institution of Chartered Surveyors’ UK Residential Market Survey, has outlined that at a national level, sales and new buyer enquiries have continued to decline. The regional breakdown shows that London and the South East are particular areas of weakness. Survey respondents generally believe that the short-term national outlook remains flat, but 47% anticipate house prices will be higher in a year’s time, with price expectations most elevated in Wales, Scotland and the North West of England.
For full briefing click here. Residential Property Review April 2018