Help-to-buy ISA closing date approaches

First-time buyers have around four months left to open a help-to-buy ISA, before the scheme closes to new applicants on 30 November 2019. The help-to-buy ISA allows people to receive a 25% government bonus on savings they use to buy their first home, up to a maximum...

3 in 4 firms support auto-enrolment extension

Most businesses would support auto-enrolment being made available to lower earners and the self-employed, research from the Confederation of British Industry (CBI) and Scottish Widows shows. In a survey of 240 businesses, nearly three-quarters (74%) said they want to...

Most savers on course for retirement

Almost three in five people in the UK believe they are saving enough for a comfortable retirement, according to research. Scottish Widows' annual retirement report showed 59% of 5,036 adults are on course to maintain their standard of living when they retire, up from...

Over-65s face social care timebomb

Most people over 65 have not prepared for funding social care in later life, despite around half of all care users having to cover some of the costs themselves. Research from the Association of British Insurers (ABI) revealed that 89% of over-65s have made no plans to...

Over-60s earnings income on the rise

People in their 60s and 70s have seen significant income growth in the last 20 years, research from the Institute for Fiscal Studies (IFS) shows. The report says middle-income 60 to 74-year-olds have total incomes more than 60% higher than a similar group would have...