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Displaying items by tag: cost of living

Wednesday, 19 March 2025 10:42

2 in 5 over-50s cutting back on luxuries

Two in five over-50s (44%) have had to cut back on luxuries such as eating out and takeaways due to the rising cost of living, according to a new report.

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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.

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A fifth of pension scheme members are considering cutting or halting their contributions to help them meet the cost of living crisis, according to a new survey by the PLSA.

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Thursday, 29 September 2022 17:53

@SIPP boosts staff pay by £350 a month  

Glasgow-based pensions firm @SIPP is boosting the pay of its non-managerial staff by £350 per month to help them cope with the cost of living crisis.

Published in Articles
The rising cost of living has added the equivalent of an extra month of bills per year for people close to retirement, research has shown.
Published in Articles