Pensioners warn of ‘tough times ahead’ as inflation hits 2.2% – what it means for their pensions and investments

Retired couple

Pensioners have been warned that tough times lie ahead as the UK’s inflation rate rises and hits the economy. The latest figures from the Office for National Statistics (ONS) have revealed that the consumer price index (CPI) rate rose to 2.2 per cent over the 12 months to July 2024. Analysts had previously forecast inflation … Read more

Retirees, watch your bank accounts: If you were born this year, you’ll receive a new Social Security check in a few hours

social security check retirees

Each month, the Social Security Administration (SSA) delivers Retirement benefits to millions of seniors across the country so they can have enough money to keep up with inflation and cover their monthly living expenses. To qualify for retirement benefits, retirees must first meet specific requirements, such as collecting Social Security benefits within the full retirement … Read more

5 things you need to know before the stock market opens on Wednesday

News Update – Before Market Opening

Below are five key things investors need to know as they begin their trading journey: 1. Rally time Stocks rose on Tuesday, boosted by encouraging news on inflation (more on that below). The Nasdaq Composite soared 2.43% and the S&P 500 rose 1.68%. Meanwhile, the Dow Jones Industrial Average ended the day up 408 points, … Read more

Elliott Wave Technical Analysis of Swiss Market Index [Video]

Chart

Elliott Wave Analysis of Swiss Market Index Trading Room Daily Chart Elliott Wave Technical Analysis of Swiss Market Index Function: Trend. Mode: Impulsive. Structure: Orange Wave 3. Position: Navy Wave 3. Address of the next higher degrees: Orange Wave 3 (started). Details: Orange Wave 2 of 3 appears to be complete, and Orange Wave 3 … Read more

SNP scraps universal winter fuel payments for pensioners but blames Labour

I am 89 years old and depend on winter fuel payments: losing it terrifies me.

The Scottish Government has announced that universal winter fuel payments for pensioners in Scotland will be scrapped. The SNP administration has blamed the UK government for the move, saying it had “no choice” but to follow the cuts announced by Labour minister Rachel Reeves. The annual benefit previously given to all pensioners, worth up to … Read more

Murdoch family battle highlights rise of secret trusts in Nevada

Rupert Murdoch and Lachlan Murdoch walk together outdoors (David Paul Morris/Bloomberg file via Getty Images)

Rupert Murdoch, then co-chairman of Twenty-First Century Fox Inc., and his son Lachlan Murdoch in Sun Valley, Idaho, in 2018. The Murdoch family dispute playing out in an obscure Nevada courtroom underscores the state’s growing popularity as a global hub for family trusts and friendly home to the world’s biggest fortunes. According to legal industry … Read more

For entrepreneurs, it is difficult to find cash to invest outside of their business.

For entrepreneurs, it is difficult to find cash to invest outside of their business.

Open this photo in the gallery: Many female entrepreneurs need to use all their money to fund their businesses and as a result, they put off saving for the future and retirement.Getty Images Catherine Graham spent nearly a decade running two businesses in parallel. But as she grew those companies, Graham was acutely aware of … Read more

Warning for thousands of households receiving social benefits: 284,660 have suspended payments

Warning for thousands of households receiving social benefits: 284,660 have suspended payments

Households receiving six legacy benefits that will be replaced by Universal Credit have been issued a warning after thousands of people had their payments removed. New government figures show that 284,660 benefit claimants lost their benefits for failing to switch to Universal Credit within a significant three-month period. Two million legacy benefit claimants are gradually … Read more

Financial expert warns of a common budgeting mistake that is ‘costing you more’

Financial expert warns of a common budgeting mistake that is 'costing you more'

To mark Financial Awareness Day on 14 August, experts and specialists at Novuna Personal Finance have highlighted the five key mistakes households make when trying to get a grip on their finances and the solutions that could save them. As the winter months approach and energy bills rise again, many are desperate to get a … Read more

UK D&O Market Update

UK D&O Market Update

Introduction This update analyses our observations on current market conditions for directors and officers insurance and the impact this has on board directors, non-executive directors and insurance buyers and is based on our observations of the market with our WTW clients and not on a review of the market as a whole. For ease of … Read more