More than a third of people underestimate the time it might take to receive their inheritance, according to research from Co-op Legal Services. In a survey of 2,000 UK adults, 37% said they expect to wait 4-6 months to receive their inheritance. In reality, the...
The number of ‘last-time buyers’ who want to downsize their home has increased from 32% to 39% in the past 3 years, research by Legal & General shows. The study defines a last-time buyer as a homeowner aged 55 or over, whose household is under-occupied, with 2 or...
The majority (67%) of SME business leaders find it difficult to hire qualified members of staff or retain existing talent, research by Aldermore reveals. A survey of 1,008 decision-makers found that 26% were concerned with keeping good members of staff, while 20%...
Around 1 in 3 parents and grandparents entering retirement this year plan to spend more than £4,300 a year supporting family members, according to research by Prudential. In a survey of 9,896 adults, 31% of those planning to retire in 2018 said they expect to use...
Almost half of small and medium-sized businesses have struggled with late payments in the last year, according to research by the Institute of Directors (IoD). Of the 787 business leaders surveyed, 48% have faced issues with late payments since April 2017. About 3 in...
The national minimum wage and national living wage rates will rise from 1 April 2018. Eligible workers aged 25 and over who are not in their first year of an apprenticeship will be entitled to the new national living wage rate of £7.83. Those aged 21-24 will see their...
