financial-security
4 stories related to this topic, newest first.
yahoo.comReport Estimates 12.2 Million UK Adults Face Pension Poverty Risk
A report estimates that 12.2 million UK adults aged 22 to 65 are not on track to cover basic financial needs in retirement. The figure represents an improvement from 15.3 million in the previous year. The analysis cited gains in pay, non-pension savings, homeownership and lower e…
Substrate placeholder — needs reviewSurvey Finds Majority of Young UK Adults Feel Less Financially Secure Than Expected
A survey by Intuit Credit Karma revealed that 51% of Gen Z adults aged 18-29 and 53% of Millennials aged 30-45 feel less financially secure than anticipated at this stage. Nearly two-thirds of Millennials made at least one purchase influenced by feelings about aging and life stag…
Substrate placeholder — needs reviewSurvey Indicates Americans Expect to Retire Later Than Traditional Age of 65
A report highlights that many Americans anticipate working until around age 85 to achieve a comfortable retirement, compared to the conventional age of 65. This shift reflects broader economic pressures affecting retirement planning. The findings underscore challenges in saving a…
thesouthafrican.comWinnipeg Woman Reports Scammers Emptied Her Bank Account
A 62-year-old woman in Winnipeg, living in subsidized housing, lost nearly $5,000 to scammers impersonating her bank. CBC reported that the incident involved fraudulent phone calls and repeated cheque deposits, leaving her with a negative balance. She is awaiting a decision on he…