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Pension UK: Britons in their 40s and 50s lagging behind in retirement savings - act now | Personal Finance | Finance

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Pension saving is usually assumed to take place through a combination of workplace and personal arrangements, which, when combined with the state pension, can provide a healthy sum for retirement. However, beneficial help to build up a pension fund such as auto-enrolment has only been introduced in recent years, and still remains a relatively new concept. In addition, many of the older pension schemes, such as Defined Benefit which provides a secure and increasing income for life, have been phased out and replaced with alternatives. ....

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Security employers urged to access Government Kickstart funding to help unemployed young people

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Security employers urged to access Government Kickstart funding to help unemployed young people
The Security Institute is urging security employers to make use of the new Government Kickstart funding scheme to support the thousands of young people currently unemployed in the UK.
In the latest figures from the Office of National Statistics (2020), 750,000 16-to-24-year-olds are claiming Universal Credit. This highlights the large numbers of young people being severely financially impacted by the COVID-19 pandemic and unable to find work.
To support young people looking for work during this difficult time the UK Government has launched the ‘Kickstart’ Scheme, with £2bn worth of funding being made available to employers. Through the Kickstart Scheme, the Government will provide funding for employers to offer work to young people on Universal Credit. ....

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