Business News
State pension age increases to 66
Men and women now receive their state pension at 66.Teenagers gain access to child trust funds for first time
Around 55,000 accounts are set to mature each month.More than £30 million lost to pension scams
Men in their 50s most vulnerable to fraud.Self-employed view property as safest retirement option
Figures show property dwarfs personal pensions.Pension savers pause withdrawals in lockdown
Tax-free lump sums fell 53% in March and April.Workers in crisis-hit sectors face savings crisis
COVID-19 causes savings gap to widen.COVID-19 prompts increase in savings habits
More households are ‘saving for a rainy day’.MPs call for easing of re-enrolment rule
Many workers opted-out during COVID-19 crisis.Firms urged to reinstate VAT direct debits
The VAT deferral period ends on 30 June 2020.ISA rates slump to record lows
Providers pull 329 products in six months to June.
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