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2015 is coming to a close. As Christmas approaches and the media is saturated with end-of-year reviews discussing 2015’s movers and shakers in the worlds of celebrity, sport and music, it’s time to have a look at how your finances have performed this year. Just as it is advisable to have an annual check-up with […]
Greece may be on its financial knees but, when it comes to pension provision, according to recently-released OECD figures Greek pensioners receive a higher percentage of their working age earnings (54.1%) than in many wealthier nations including the UK (38.3%), Canada (42.9%) , New Zealand (43%), the US (44.8%), Switzerland (46.9%) and Germany (50%). If […]
Last week financial experts were warning grandparents – dubbed ‘the generous generation’ – from making over-generous handouts to children and grandchildren which could cause them to run out of money later on in life. This has become an issue with the relaxing of pension regulations in the UK. From April this year, rather than being […]
A just-released OECD study on pensions has revealed how British retirees experience a bigger drop in income on retirement than those in almost every other country in the organisation. From the 34 member states, only Mexican and Chilean pensioners are worse off. According to the figures, on retirement the average UK earner will receive a […]
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