The Bank of England has raised the interest rate from 0.5% to 0.75% – the first rise since 2009.
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If you’re a worker in the UK then you already know about auto-enrolment.
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Can you believe that it’s 2018 already? I know I can’t. The years just seem to be flying by these days, don’t they?
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We may all be living longer than ever before, but despite that, it’s been revealed that workers are now retiring at a younger age than they were in 1950.
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A recent report on the pensions landscape has highlighted that at present rates of saving, a concerning 46% of the UK population will not have sufficient funds to meet the target income for a comfortable retirement.
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We all know the importance of saving for our pensions – but it turns out that we could be missing out on £650 a year, simply because we’re not aware of how employee pension contributions work.
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The heavily publicised ‘gig economy’, powered by the internet, has forced those classing themselves as self-employed to sky-rocket in recent years – indeed, the current estimate is that over 4 million are working for themselves.
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