finance management

Majority of over 65’s not confident in managing retirement finances

26th January 2024 Arrears and Recoveries | #finance management

The vast majority of those likely to be approaching, or in, retirement lack confidence and critical knowledge about key aspects of their retirement finances, spelling potential uncertainty ahead for thousands of retirees, according to new research from Standard Life, part of Phoenix Group. Standard Life’s Retirement Voice study, conducted among 6,000 consumers, found that only 9% of…

Majority of consumers are financially resilient

10th July 2023 Consumer Collections | #finance management

A significant portion of the UK population remains financially stable despite rising interest rates and persistent inflation according to new research by TransUnion. The figures illustrate a contradictory picture of the financial landscape among consumers. On one hand, almost six in 10 (58%) have proactively taken steps to reduce their discretionary expenditures such as dining out,…

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finance management

Majority of over 65’s not confident in managing retirement finances

Majority of consumers are financially resilient

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