May 2013 Archive
Rise in use of food banks is a "national disgrace"The use of food banks has nearly tripled and the main cause is changes to the welfare and benefits system, according to a new study. |
OECD warns on the growing problem of youth unemploymentThe OECD has warned that youth unemployment is set to increase further after it has grown by a third since the financial crisis. |
Hartnett joins Deloitte as tax consultantThe controversial former head of HMRC Dave Hartnett who was involved in "sweetheart" deals with Goldman Sachs and Vodafone has joined tax advisers Deloitte as a consultant. |
HMRC misses tax credit fraud target by £5 billionA new report by the Public Accounts Committee has found that HMRC has only managed to reduce fraud and error in the tax credit system by £3 billion after being set a target of £8 billion by the government. |
One in seven to rely on state pension in retirementPrudential reveals 14 per cent of Brits have yet to grasp the importance of saving a pension and are relying on the state pension to fund their retirement. |
Markit reports improvement in household finances as pay growsMarkit's latest household finance index shows an improvement as extra work help increase spare cash and inflation expectations recede. |
Unemployment rises by 15,000 to 2.52m in first quarter of 2013Unemployment rose slightly, by 15,000 in the three months ending in March 2013, less than most economists predicted. |
Pension charges to be banned under auto-enrolmentThe government has announced an outright ban on pension consultancy charges under auto-enrolment and is consulting on a cap on defined contribution scheme charges. |
Permanent job vacancies rise for 7th month running, says KPMGThe latest KPMG/REC hobs index shows a rise in demand for permanent staff for the seventh consecutive month suggesting the problem of underemployment may be receding. |
Closing pensions loophole could cost as much as it savesThe government is to stop people living abroad who are married to UK citizens from claiming a state pension in a move that could affect 220,000 people. |
10 things you might not know about equity releaseEquity release expert Alex Cross, Head of Product Management from McCarthy & Stone guides us through the important points to consider if you are planning equity release to help with your retirement. |
Niesr: "Underemployment" should be included in official figuresNew research by the National Institute for Economic and Social Research shows that 30% of young people in work would like more hours making it more difficult for unemployed young people to get a job. |
Top 5 cheap locations for a UK retirementIf you're planning your retirement, you'll want to make sure your funds cover your living costs and allow you to enjoy a comfortable lifestyle during your golden years. If the area you live in is expensive, give some thought to moving to a cheaper location so your money goes further. |
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