Fiscal drag due to cost high earners £4,000 by 2027
Research by interactive investor shows how frozen tax allowances and fiscal drag are hitting your finances
Source: moneyweek.com
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How does your pension compare to the average saver's pot - and will you get the retirement you want?
How do your retirement savings compare to Britain's average pot and what can you do to save more?
Source: thisismoney.co.uk
State pension gap: £2,600 shortfall to secure "basic retirement"
The state pension is expected to rise 8.5% in April, reaching £11,502 a year. But that is still some way below the amount of money needed for a basic retirement income.
Source: moneyweek.com
More people raiding savings and take pension cash early to make ends meet, report suggests
More than half of adults of all ages said the rising cost of living was their most pressing financial worry, followed by running out of money and not saving enough for old age, a poll of 9k people found.
Source: thisismoney.co.uk
Tax threshold freeze costs retired households £347 more a year | Personal Finance | Finance
The average bill for direct taxes has hit £5,308 a year for retired households, marking a seven percent increase compared to last year.
Source: express.co.uk