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Two-thirds ‘fear their pensions will be insufficient’
(Tue, 09 Mar 2010)

Around two-thirds of people are concerned their pension will be insufficient to fund their retirement, meaning they could fall into debt, research has suggested. Figures collated by the National Association of Pension Funds show that only 34 per cent of people believe they will be able to cope financially once they stop working. The study found that ... more >>

Women ‘are not contributing to their pensions’
(Mon, 08 Mar 2010)

Women could be running the risk of debt in retirement by not contributing to their personal pensions, an industry expert has warned. Laura Goodman, director of corporate communications at Rockingham Retirement, said that there is a distinct gender gap when it comes to saving for life after work. She noted that pension scheme advertising is generally geared ... more >>

The government ‘has to cut credit card rates to ease debt’
(Mon, 08 Mar 2010)

Credit card rates need to be slashed by the government to help people struggling with debt and to aid the revival of the economy, an industry expert has suggested. Peter Gerrard, from Moneyextra.com, said that blame for high credit debt statistics should not be diverted from the Bank of England, rather the government should be listening ... more >>

Men experiencing higher levels of bankruptcy and IVAs, research suggests
(Mon, 08 Mar 2010)

There are higher levels of bankruptcy and Individual Voluntary Arrangements (IVA) for men than there are for women, figures show. Statistics released by the Consumer Credit Counselling Service (CCCS) indicate that of its IVA recommendations last year, 55.4 per cent were for males and of the people to which it advised bankruptcy, 51.4 per cent were ... more >>

Don’t rely on state benefits when ill, mothers are told
(Fri, 05 Mar 2010)

Women could be risking debt if their only plan to survive if they become ill is to rely on state benefits, a life insurance specialist has warned. LifeSearch, speaking before the upcoming Mothers Day celebration, has suggested most women have underestimated the amount of money they will receive from the state if they are unable to ... more >>