6% of workers doubt they will ever retire.
4 in 10 workers ‘to work past state pension age’
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Savings
BoE raises interest rates to 0.25%
Rates rise for the first time in more than three years.
Warning for savers as inflation hits decade-high
Prices rise at fastest rate since September 2011.
New rules to protect pension pots below £100
Proposal designed to help people with multiple pots.
Bank of England resists pressure to raise interest rates
Interest rates maintained at 0.1%.
Salary sacrifices ‘may mitigate the NICs rise’
Employees could benefit in the short-term.
37% plan to use state pension for care costs
Care costs become unaffordable for some pensioners.
Average buyer saves £1k via help-to-buy ISA
Millions may have a forgotten account they can still use.
State pensions predicted to rise by 8%
The raise would cost the Treasury £3 billion.