Displaying items by tag: ONS
CPI jumps to 3% with 'spike' set to continue
The 12 month CPI rate of inflation - the most widely used inflation measure - spiked up in January to 3% from 2.5% in December.
Cost of living crisis driving retired over-50s back to work
Rising expenses from the cost-of-living crisis is the main factor driving retirees over 50 back to work, according to new data from the Office for National Statistics.
Nearly 9 in 10 early retirees mulling return to work
Almost nine in ten (86%) early retirees between 50 and 54 would consider a return to work as the cost-of-living crisis continues to hit their finances.
Men and women working for years longer than mid-90s
Women are, on average, working for nearly four additional years before exiting the labour market compared to the counterparts in the mid-nineties, new statistics from the ONS revealed this week.
State Pension may fail millions as life expectancy rise slows
Projections from the government's Office for National Statistics suggest that the rise in life expectancy over recent years is slowing down.
UK median wealth holds steady at £302,000
Median household net wealth held steady for the period April 2018 to March 2020 at £302,000, according to the latest figures from the Office for National Statistics.
Oldest kickstarted into retirement by pandemic
Today’s Office of National Statistics figures on the UK labour market showed it is the youngest and the oldest in the workforce who are most likely to have been made redundant as a result of the Coronavirus pandemic.
Self-employed trust property over pensions
Data from today’s Wealth and Assets Survey from the Office of National Statistics has shown that the self-employed continue to invest in property over pensions for their retirement.
DB transfers near £10bn in Q4 2019
Almost £10bn was transferred out of defined benefit pensions in the final quarter of 2019, according to official data.
Pension Freedom numbers head for peak
A record 1m more people will reach the Pension Freedom age of 55 his year and this ‘peak’ will last for several years, according to new analysis.