Tag #Savings

Showing 13 to 24 of 91 results

dailymail.co.uk
🌐 75% Global Worthiness
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UK Pension Reforms Face Criticism Amidst Insufficient Savings and Delayed Action

The UK government faces pressure to reform its pension system due to insufficient personal savings and the unsustainable cost of the state pension, with proposals for cuts to tax relief and a delayed review raising concerns about future retirement security.

Progress

60% Bias Score

No Poverty
theguardian.com
🌐 75% Global Worthiness
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UK Relaunches Pensions Commission Amid Retirement Crisis

The UK government is relaunching the Pensions Commission to address a projected £800 annual drop in private pension income for those retiring in 2050, coupled with insufficient retirement savings among nearly 15 million people, particularly affecting low earners, the self-employed, and some ethnic m...

Progress

44% Bias Score

No Poverty
cbsnews.com
🌐 65% Global Worthiness
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Inflation Rise Pauses Fed Rate Cuts, Creating Opportunity for Savers

June's inflation rate rose to 2.7%, exceeding expectations and pushing the Federal Reserve to likely pause its rate cut campaign, offering savers an opportunity to benefit from high-rate short-term CDs.

Progress

48% Bias Score

Reduced Inequality
lexpress.fr
🌐 75% Global Worthiness
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France Cuts Livret A Savings Rate to 1.7%

France's Banque de France will lower the Livret A savings account rate to 1.7% on August 1st, a significant decrease from 2.4%, due to reduced inflation and interbank rates; this impacts savers, banks, and social housing.

Progress

40% Bias Score

Reduced Inequality
cbsnews.com
🌐 75% Global Worthiness
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Money Market Accounts Slightly Outperform CDs in Current High-Interest Environment

With interest rates elevated, money market accounts currently offer slightly higher returns than long-term CDs on a $5,000 investment, although CDs provide fixed rates and money market accounts offer flexibility and variable rates.

Progress

36% Bias Score

Reduced Inequality
elmundo.es
🌐 85% Global Worthiness
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Spain's Investment Deficit: A Barrier to Economic Growth

Spain's high domestic savings are not translating into productive investment, hindering economic growth and widening the gap with wealthier European nations; this is due to low capital returns, insufficient public investment, and regulatory hurdles, as highlighted by the Letta and Draghi reports.

Progress

36% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
🌐 75% Global Worthiness
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Defensive Budgeting: A Strategy for Handling Unpredictable Income

A Canadian woman shares her "defensive budgeting" strategy for handling unpredictable income due to her husband's contract work, prioritizing expenses, pre-paying irregular costs, and systematically saving for various goals.

Progress

32% Bias Score

No Poverty
thetimes.com
🌐 75% Global Worthiness
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UK Savings Disparity: Leeds Reforms Aim to Boost Investment, But Safeguards Are Crucial

The UK's Financial Conduct Authority highlights a vast difference between savings and investment account holdings, with only 39% of UK adults investing compared to 71% saving, despite historical stock market outperformance; the Leeds Reforms aim to change this, but safeguards are needed to prevent e...

Progress

44% Bias Score

Reduced Inequality
liberation.fr
🌐 85% Global Worthiness
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French Livret A Savings Rate Cut to 1.7%

France's Livret A savings account interest rate will decrease to 1.7% on August 1st, 2024, down from 2.4%, impacting the 600 billion euros held in Livret A and LDDS accounts. This decision is based on lower inflation and interbank interest rates, offering relief to social housing and reducing bank i...

Progress

44% Bias Score

Reduced Inequality
thetimes.com
🌐 75% Global Worthiness
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Bank of England Rate Cut Uncertain: Impact on Mortgages and Savings

The Bank of England's anticipated interest rate cut may be delayed due to recent inflation data, impacting mortgage rates which have recently fallen but may now see slower reductions, while potentially keeping higher savings rates available longer.

Progress

36% Bias Score

Reduced Inequality
mk.ru
🌐 75% Global Worthiness
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Russian Savings and Financial Insecurity: Survey Highlights Disparities

A survey reveals that 13% of Russians with savings can survive less than a month without income, while the median savings amount is around 100,000 rubles, highlighting financial insecurity despite efforts to manage finances.

Progress

48% Bias Score

Reduced Inequality
theguardian.com
🌐 75% Global Worthiness
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UK Consumers Grapple with Economic Uncertainty: Expert Financial Advice

A recent survey shows UK consumers are worried about the slowing economy, possible tax increases, and rising food costs; experts advise on managing money in uncertain times by diversifying investments and securing mortgage deals in advance.

Progress

36% Bias Score

Reduced Inequality

Showing 13 to 24 of 91 results