The youngest Gen X households earn around £7,000 more than the oldest as older Gen X members drop out of the workforce or go part-time, putting strain on their retirement savings.
Behavioural finance firm Oxford Risk has launched new retirement income suitability software to help Financial Planners and advisers meet the FCA's stricter requirements in the wake of last year’s thematic review.
Health and social care secretary Wes Streeting announced today an independent commission into social care costs and reforms, including more funding for elderly and disabled people to make home improvements.
Inheritance tax (IHT) raised £736m for the Treasury in September, according to new figures released by HMRC today.
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