Property & Finance
Welcome to the property and finance section of the Mature Times website – the voice of our generation!
This area of the site is packed with articles that will appeal to those over 50 on retirement property and finance, homes for retirement, articles to help you plan retirement and articles to help you plan your finances in retirement.
Mature Times recognises that older people have key decisions to make regarding property and financial matters and it is for this reason we place such importance on these topics.
If you’d like us to keep you updated on retirement property and finance issues then why not bookmark our site, or register with us and we’ll keep you informed on the subjects and topics that interest you.
- Tuesday, 19 November 2013
Almost half of all over 50s in the UK would be tempted to or are actively considering moving abroad in retirement, with the cost of living the primary motivation for quitting Britain, according to a survey from one of the world’s largest independent financial advisory organisations.
- Monday, 18 November 2013
British grandparents are taking financial care of two generations - with more than half saying their main motivation for saving was to secure their grandchildren's future.
A study has shown that more than one in three children have received money from their grandparents with 21 per cent saying they are provided with an annual lump.
Over half (55 per cent) of the grandparents surveyed admitted that securing their grandchildren's financial well-being is a key motivation for saving money.
- Wednesday, 13 November 2013
Two fifths of UK adults will find themselves in debt to pay for Christmas gifts this year (41 per cent)
Women are smarter shoppers: almost 10 per cent less women will go into the red (38 per cent) over holiday gifts compared to almost half of men (46 per cent)
Youngest generation is savviest at saving: two thirds of 18-24 year olds put away money for Christmas presents (67 per cent) compared to 62 per cent of over 45s and over
The North West is the most generous: spending an average of £260 on gifts this year compared to East Anglians who will spend £200
- Monday, 11 November 2013
New research from over 50s specialist insurance provider RIAS reveals today that three quarters (75%) of UK grandparents now provide childcare for their grandchildren. Rather than an active choice, today’s report shows that the rising cost of living for families has forced many grandparents into the role, leading to financial difficulties for some – one quarter (26%) of grandparents reach into savings, and one in ten (11%) are forced to borrow money to cover activities and living costs.
9.8million now make up Britain’s Grandparent Army as the number of Grandparent childminders increases by over 60% since 2009.
Grandparents spend an average of 8.2 hours a week looking after their grandchildren – saving parents £1,659 on childcare fees annually.
- Friday, 08 November 2013
The DWP is consulting on introducing Flexible Defined Benefit schemes, where the pensions provided to workers are dependent on how well their company pension scheme is funded.
If the scheme doesn’t have enough money, the government is proposing to allow companies not to pay inflation increases to pensions, and to increase scheme pension age. This means just as workers are about to reach that pot of gold, they may see it disappear off into the distance.