A large chunk of workers are unaware that their pension savings are invested in the stock market.
When asked in a recent survey what they think happens to their cash, the most common answer was that they had ‘no idea.’
It doesn’t make for pretty reading – Lee Boyce and Georgie Frost look at why it matters, and what can be done to get people more interested in their retirement pots.
It comes as a reported rift has broken out at the top of government over the state pension triple lock.
A key election promise, but there is a problem: With it rising on whichever is highest: inflation, average earnings growth or 2.5 per cent, it could go up a huge 18 per cent in 2021 under those rules. What changes could happen?
From next month, your teen could be much richer as the first Child Trust Funds mature. What can your 18 year-old do with the cash?
One option is not to buy private flights. Lee puts his weekly Consumer Trends column in the spotlight to reveal how much it costs to charter a flight, after one company reports a surge of interest.
And what on earth is a hard seltzer? Sales in the US are booming and they have now come to Britain, will they prove as popular this side of the Atlantic?
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