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Kids’ education key to money happiness

New research has revealed that teaching the nation’s youngsters the value of money is considered one of the most important lessons a child can learn. With the cost of living continuing to rise, UK parents are determined to ensure our kids are taught a valuable lesson early in life. Research by Clydesdale and Yorkshire Banks [...]

Victory For Pension Savers As Government Confirms Personal Accounts Contribution Caps

The Government has confirmed that it will ensure there are strict limits on the contributions that people can pay into personal accounts pensions, due to begin operating in 2012. 

Britons are most likely to turn to friends and family for financial advice – but those who use independent advice recommend it

  • 43% of people look to friends or family for help with decisions about their finances
  • 95% of people who have visited an IFA feel they have benefited from the experience

5 solutions to the most common mistakes traders make. Part 3

Part 3 of four articles offering useful tips to help you make the best trading decisions.

More than a third will put their retirement dreams on hold in 2011

  • Two fifths of those delaying retirement believe they will be at least 70 before they can afford to retire
  • Those who have delayed plans to retire because they cannot afford to wanted to retire aged 62, but will now work until they are 68

Britons spending £10,339 a year supporting others

  • Over 15 million adults in Britain financially provide for others…
  • …costing on average two fifths (39%) of their salary
  • Less than half (45%) of those who help others financially have life cover in place

Women fail to financially protect themselves

  • Over 21 million do not hold a critical illness policy
  • 53 per cent say that protection products are an added expense they cannot afford

UK grandparents provide £33 billion of free childcare

But many feel the pressure of ‘second mum and dad’ roles

FSA publishes its Prudential Risk Outlook

The Financial Services Authority (FSA) has published the Prudential Risk Outlook (PRO), which sets out its assessment of macro economic and financial trends as a context for its micro-prudential regulation and supervision of firms.

Tough year for the over 55s

The finances of the over-55s have worsened over the last 12 months, according to Aviva’s fifth quarterly Real Retirement Report.

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