All cost-of-living articles
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News
Savers seek cash in cost of living crisis
Research from Aon also found that 15% of savers now access their retirement savings early.
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Opinion
Cost-of-living crisis risks young savers’ future retirement outcomes
How can the pensions industry help young savers, already struggling to get on the property ladder, put more money towards their retirement?
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News
Bank of England holds base rate at 5.25 per cent
The financial services industry has welcomed the UK central bank's decision to keep the base rate on hold at 5.25 per cent.
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News
Economy: UK inflation eases to 6.7 per cent in August
The Consumer Price Index (CPI) edged down in the 12 months to August to 6.7 per cent compared to July’s 6.8 per cent, as falling food prices helped to stall inflation.
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News
Savers shrug off cost-of-living crisis to increase 'later-life' savings pots
More people are saving for their retirement, with holidays now further down the list, according to Nottingham Building Society and the DC Investment Forum (DCIF).
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News
UK GDP falls 0.5% as interest rate hikes continue to bite
The UK economy is estimated to have contracted in July, according to the latest gross domestic product (GDP) data from the Office for National Statistics (ONS).
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News
Pension scams cost victims more than £26m - PMI
A freedom of information (FOI) request has revealed that 1,595 pension scams were reported between 2020 and 2022.
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News
UK economy: GDP grew 0.5 per cent in June
The UK economy grew by 0.5 per cent in June and by 0.2 per cent in the three months ending June, according to the Office for National Statistics.
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Opinion
Rome wasn’t built in a day: Neither is a pension
Encouraging scheme members to contribute more into their pension means empowering them to understand the implications of that increase, argues Ashley Staples.
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News
Bank of England raises rates to 5.25%
Bank of England raises rates to 5.25 per cent, as economists predict ‘at least’ another two more rate rises this year.
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News
Pensions: The great inflation divide
Savers with an an inflation-protected pension scheme will be £1,500 better off by April 2024 than those with capped inflation protection, investment platform ii has warned.
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News
Savings shock: Over £4.5bn more withdrawn from UK accounts than deposited in May
The Bank of England said withdrawals from UK savings accounts hit their highest level in 26 years.
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News
Schools face a rise in pension contributions next year
Teachers' Pension Scheme contributions are likely to go by five per cent up from April 2024
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News
Pension schemes urged to come to UK Plc's rescue
The secret to reinvigorating the UK economy lies in the hands of pension schemes, says report.
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News
PLSA launches cost-of-living support hub for pension schemes
The Pensions and Lifetime Savings Association (PLSA) has published resources for pension schemes to help members struggling with their finances.
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News
Cost of living crisis is compounded by apathy in the workplace
The cost of living crisis has raised concerns among pension schemes that some members may choose to abandon their pensions in order to boost their take-home pay.
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News
DC in 2023: Dashboards, cost of living and consolidation
DC in 2023: Dashboards, cost of living and consolidation2023 should finally be the year of the dashboards, while the cost of living crisis will continue to dominate the headlines Enterkeywords.sh_embed {position: relative;height: auto;width:100%;z-index: 0;overflow: hidden;background-color: #222;color: white;font-family: 'Lato', 'Helvetica Neue', Helvetica, Arial, sans-serif;}.sh_embed * {-webkit-box-sizing: border-box;-moz-box-sizing: border-box;box-sizing: border-box;}.sh_embed .sh-embed-bg {position: ...