Personal Finance - Page 101

Britons are placing more of their hard-earned cash into pension pots compared to last year, but analysts are warning of an “alarming” savings gap that remains. Despite financial pressures from high inflation

ADVERTISEMENT European Union household debt hit $6.96 trillion (€6.2tn) in January 2025, according to CEIC and the European Central Bank.  Whilst mortgage borrowings account for over €5.23tn, the remaining roughly €1tn could

I’ve just been notified that my company pension will be transferred to an insurance firm via bulk annuity. I understand that many companies seem to be taking advantage of the increase in

Your support helps us to tell the story From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it’s investigating the

In 2025, the United States is raising the Full Retirement Age for Social Security to 66 years and 10 months for those born in 1959, while introducing a 2.5% COLA and repealing

Nearly half a million people will not get new State Pension payments of up to £230.25 per week during the 2025/26 financial year. Pension Credit – Could you or someone you know

A 22-year-old Reddit user has gone viral for sharing his surprisingly frugal monthly expenses, revealing how he lives comfortably in Bengaluru, one of India’s priciest cities, on a salary of Rs 20,000

Think about the finances of others … Income disparity in friendships can sometimes lead to conflict. A study published last year by a US financial services company, Bread Financial, found 26% of

We asked 20 people aged between 20 and 30 to share their money habits, from what they earn to how much they have put aside for a rainy day Most of the

No matter how hard Pernia Rogers tried to budget, she still ended up living paycheque-to-paycheque until she made five easy tweaks and started saving thousands of pounds A clever woman has shared