Tag: Scottish Widows

More people failing to save for retirement

More people failing to save for retirement

The proportion of people with no pension savings has grown from 20 per cent to 22 per cent over the past year, according to Scottish Widows’ latest survey. The pension provider surveyed 5,200 adults in the UK, aged 30 or over, and earning at least £10,000 a year, for its annual review of pensions. Ian [...]

May 21, 2012 | 0 Comments More
Economic downturn hits pension savings

Economic downturn hits pension savings

A survey by Scottish Widows has found that the squeeze on household incomes, as a result of the economic downturn, has hit pension savings with nearly half of people in the UK saving less. According to the Edinburgh-based life and pensions provider, 41% of people saved less for their pensions - many of them blaming [...]

June 30, 2010 | 0 Comments More
Parents put work ahead of children

Parents put work ahead of children

Many parents are too busy working to spend time with their children, a new survey has found. Research by Scottish Widows found that one in three (34%) of parents want to spend more time with their family. One fifth of parents and grandparents said they are not prioritising their children or grandchildren enough. Busy working [...]

January 12, 2010 | 0 Comments More
Brits back property as best investment

Brits back property as best investment

Nearly half of UK consumers believe that buying property is the best way to invest money. In a study by Scottish Widows, 48% of those polled said investing in property is the best way to maximise returns on hard earned cash. This figure is a significant increase on 12 months ago, when just 28% of [...]

September 17, 2009 | 0 Comments More
Women over 50 ‘give up’ on pensions saving

Women over 50 ‘give up’ on pensions saving

Many women over 50 have ‘given up’ saving for retirement due to the recession, according to research by Scottish Widows. In research for its fifth annual UK Pensions Report, the pensions provider found that one in five (22%) women over 50 are now saving nothing towards their pension. This is up from 14% a year [...]

July 3, 2009 | 0 Comments More
Scottish Widows updates corporate pensions

Scottish Widows updates corporate pensions

Scottish Widows has added two new enhancements to its corporate pensions packages to give financial advisers and employers more flexibility in adjusting pension schemes to meet individuals’ needs. The Salary Exchange tool enables advisers and employers to calculate different ways to take advantage of National Insurance savings resulting from salary exchange agreements. The second enhancement, [...]

February 11, 2009 | 0 Comments More
Rising living costs are affecting ability to save

Rising living costs are affecting ability to save

Research from life insurer, Scottish Widows, has discovered that one in three Britons is unable to save for their retirement. The survey, which monitors the retirement provision of people aged 30 and over, highlights the fact that many people are worried about how they will manage financially when they retire. The survey, which was carried [...]

June 30, 2008 | 0 Comments More