View more on these topics

Early retirement hopes dashed

Eight out of ten Britons would like to retire early, according to research from HSBC but most people are simply not saving enough to achieve their required annual pension.

Around a quarter, 24 per cent, of adults are estimated to be contributing less than £50 per month, which for a 25 year old hoping to retire at 60 would provide an annual income of just £3,962 per annum.

Head of life and pensions Harpal Karlcut says: “Contributing from an early age can make all the difference, starting at 25 rather than waiting until 35 can more than double the income people will receive in retirement and give them more chance of being able to afford early retirement.”

Recommended

Lenders&#39 anger as Tiner bars questions over monitoring

Lenders have slammed FSA managing director John Tiner for refusing to answer questions on how they can comply with the requirement to monitor point-of-sale documents provided by brokers.Speaking to CML members at their London conference this week, Tiner said it was right that len-ders assume responsibility for information disclosed by intermediaries but he blocked questions […]

Fund managers ethical concerns over Burmese investments

A group of Europe&#39s largest financial institutions is calling on companies operating in Burma to make sure their businesses do not perpetuate human rights abuses.The group, which has assets under management totalling £400 billion and which includes Jupiter, Morley Henderson, CIS and Friends Ivory & Sime is warning that companies should be aware of the […]

Unicorn Asset Management – Falcon Investment Trust

Thursday, December 06, 2001 Type: Investment trust. Aim: Growth by investing in UK smaller companies. Minimum investment: Subject to negotiation with stockbroker. Maximum investment: No maximum. Investment split: 100 per cent in UK smaller companies. Types of share: Ordinary. Isa link: Yes. Pep transfers: Yes. Redemption date: None. Charges: Initial subject to negotiation, annual 1 […]

Fixed rate buy to let products launched by Paragon

Paragon Mortgages is launching three fixed rate buy to let mortgages for periods from one to five years.The one year fixed rate is at 5.25 per cent, with a maximum loan to value of 75 per cent for loans up to £500,000, rising to 1.5 per cent above the three month London inter-bank offering rate […]

Generation Rent

By Denise Wond, marketing manager We’ve heard a great deal about Generation Rent in recent years but what does it actually mean for consumers and advisers and has the face of the typical renter changed? The picture is certainly more diverse than it used to be. Homeownership is at its lowest point in 30 years, […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment