Many workers in sectors that shut down during the COVID-19 lockdown could be facing a retirement savings crisis, according to a report. Scottish Widows polled 5,757 savers for its annual retirement report, which was undertaken in March 2020 – during the height of the pandemic.
How lockdown impacts on the property market. Most investment portfolios are experiencing extreme market volatility this year as the coronavirus pandemic continues to affect every aspect of life in the UK.
Furloughed workers saving into workplace pension schemes are being warned to be on their guard about employers cutting their contributions without their consent.
Many young adults can’t wait to get on the property ladder, but sometimes they need a helping hand.
Since the mid-2000s, the UK private-rented sector has seen a huge surge in growth, with 2.8 million households in 2007 rising to 4.5m in 2017, according to the Office for National Statistics.