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Archive for October 4th, 2006

Long lives erode pensions

Nine out of 10 people are at risk of using up all their retirement savings before they die, instead having to rely on the state in their final years.
This statistic could lead to many Britons being left high and dry at retirement and living an impoverished old age.
The shortfall in old age income is mainly […]

UK Mortgage lending is on the up!

The number of new mortgages approved for house buying, but not yet lent, rose in July to 120,000 - the highest level since the start of 2006.
Approvals have been rising steadily this year and are up 24% on a year ago.
Meanwhile the amount of money actually lent on new mortgages in July rose by […]