There’s a saying often made by some younger smart Alec to those of a certain age who let out a groan as they stoop to tie their shoe lace or, for a second, have forgotten why they opened the fridge: “Yes, old age doesn’t come on its own!” It certainly doesn’t. According to the Office for National Statistics, in mid-2016 there were 1.6 million people…
Madonna has just turned 60. And while she may not be ‘hung up’ about it, your sixties is an important time to sort out your finances, ‘material girl’ (or guy) or not. Always a smart cookie, Madonna has carefully managed her career, reportedly amassing a £450m fortune over the past four decades. While she probably won’t have money troubles when she eventually retires, the rest…
Scottish Friendly has long warned of the danger of fraud when it comes to pension freedoms. We did, and continue to, welcome the fact that people can access their pension savings more easily and for many the change in legislation that allowed them to do this has been a boon. However, not enough has been done to protect people. Today comes the news that in…
Mark Carney, the Governor of the Bank of England, yesterday announced a 0.25 per cent rise in the base rate, bringing it up to 0.75 per cent from 0.5 per cent. It was headline news on last night’s broadcast news channels and it’s all over the front pages today. Why all the brouhaha about this? 0.75 per cent doesn’t seem very high, does it? And…
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