Money & Work / News

Nearly a fifth (18%) of people aged over 50 have said the coronavirus pandemic may affect their retirement plans or has already done so, according to a survey. Evening Express reports that among those whose plans have been hit, a quarter (25%) said they have not been...

The free TV licence for over-75's will be means-tested from August 1, the BBC has said. Silver Surfers reports that the broadcaster previously postponed the axing of the universal entitlement for pensioners because of thecoronavirus pandemic. Means-testing was pushed...

Surge in universal credit claims highlights precarious financial situation of demographic. The Guardian reports that increasing numbers of people aged over 50 in the UK do not have enough money to pay for basic necessities, a study of labour market statistics has...

Over the last few months, there have been considerable changes in our society, not only from a health perspective but economically and socially. With the profound changes economically, keeping track of your finances and planning for the future has become even more...

The lockdown has put a lot of people under financial stress, thankfully Peter McGahan has tips for taking back control of your money. Keeping your head in difficult times is a tough task, but pays dividends, something many large UK companies will struggle to do this...

Some simple steps that could keep the bills down while you self-isolate. As more people work from home in an effort to delay the spread of coronavirus, it’s no surprise that utility bills are expected to rise sharply. If you are self-isolating on your own, it’s only...

Payment breaks, mortgage holidays? The financial impact of Coronavirus is far reaching but now is NOT the time to fix your mortgage. Peter McGahan looks at your options. 50 Connect reports that the Bank of England unanimously voted to cut the bank base rate to 0.25%,...

Check your change for these 50p and £2 coins. With so many commemorative coins released each year, it stands to reason that some become more rare than others, going on to fetch more than a pretty penny at auction. 50p pieces that many would just assume were loose...

Obtaining a mortgage beyond the age of 50 might seem hopeless to many but new research revealed more than 60 lenders offer products to older borrowers. What Mortgage reports that in the last four years there has been significant increase in ‘later life’ products,...

A study says efforts in reducing health inequalities should target people from disadvantaged socioeconomic groups. They say money can't buy happiness, but it could add years onto your life. A new study published in the Journal of Gerontology found being wealthy could...

There is an abundance of stories which exist online, reporting on the quick fortunes made by savvy stock market players. Whilst plenty have played their hand at earning a quick mill, others have lost their life savings, investing all on a bad risk. Luck and wit...