Retirement plans altered for many by pandemic

Research by the Institute for Fiscal Studies (IFS) has found that the Coronavirus pandemic has changed the retirement plans of one in eight older workers. The latest study is based on a survey from the English Longitudinal Study of Ageing (ELSA), which covered 10,000 people aged 50 and over. It found that 13 per cent…

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Are you a mortgage prisoner?

It is believed that thousands of homeowners in the UK could be trapped in poor mortgage deals due to changes to the affordability rules brought in during the last financial crisis. Often referred to as mortgage prisoners, these homeowners have found, that despite generally keeping up with repayments, they are no longer eligible for many…

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