Prospective retirees are in serious debt according to Prudential study

The insurance giant Prudential has found out that 20 percent of Brits who intend to retire this year owe an average of £31,200 from credit cards, mortgage debt and overdrafts. However, the Prudential discovered that the owed amount has dropped in comparison to the previous year since more and more people retire with no mortgage debts.

Last year, the mean value owed by a person who

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Retirement income to fall to a 6 year low according to the Prudential

According to the latest research from the Prudential, the expected retirement income for pensioners has fallen for the second year in succession. The 6th annual Class of 2013 Study from the leading insurers , which tracks the future aspirations and plans of those entering retirement, has found that those who are retiring during 2013 can expect an average income of around £15,300 a year, a

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Investors to benefit from company’s new SIPP loyalty bonus

Investors to benefit from company’s new SIPP loyalty bonus

Hargreaves Lansdown will be crediting the SIPP loyalty bonus to their investors’ accounts in most cases monthly, and as cash, from January 2013.

Over 120,000 SIPP, or Self Invested Personal Pension, investors will benefit from the £6m a year boost that Hargreaves Lansdown are giving their retirement savings thanks to their SIPP loyalty bonus they have introduced,

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