Should umbrella company contractors be saving or spending?
Last week, the Bank of England controversially hinted that we should be spending rather than saving.
Young umbrella company contractors need to consider pensions
Young umbrella company contractors need to be encouraged to save for their retirement, but in order to make the prospect appealing, the UK pensions industry need to undergo radical reform, according to George Ladds from the Fair Investment Company.
Have you considered a contractor pension yet?
It was recently reported that many people are not prepared for the day to day financial changes that take place on retirement and one reason for this could be that we simply do not believe that 65 is old.
Umbrella company contractors need to consider their retirement
95% of people, including contractors, nearing retirement age aren’t ready for the financial implications it will bring, according to MGM Advantage.
Default retirement age expected to be scrapped
The coalition is considering scrapping the default retirement age as from October next year.
