Tag: Pensions
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UK Lords Warn Young People Will Bear Brunt of Ageing Population
Introduction: a looming intergenerational challenge A House of Lords inquiry has highlighted a growing concern: the United Kingdom’s ageing population could place the heaviest burden on younger generations. The failure to address unsustainable pressure on public finances and living standards risks widening gaps between generations, according to the influential parliamentary report. What the Lords found…
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UK Ageing Population: Why Young People Bear the Burden
Introduction: The Lords’ finding and why it matters A recent House of Lords inquiry has highlighted a stark consequence of demographic change in the United Kingdom: young people will bear the consequences of an ageing population. With public finances stretched and living standards under pressure, the report argues that policy responses have not kept pace…
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Young People Hit Hardest by UK’s Ageing Population, Lords Warn
Introduction: A Growing Challenge for the Young The House of Lords has warned that young people in the United Kingdom will suffer the most from the government’s handling of the country’s ageing population. The inquiry highlights unsustainable pressures on public finances and living standards that could widen intergenerational inequality if not addressed with urgent policy…
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Pensioners Face £800-a-Year Hit If Tax Threshold Freeze Is Extended in Reeves Budget
What the proposal could mean for pensioners As Chancellor Rachel Reeves prepares her Budget, a key policy question stands out: whether to extend the freeze on the income tax personal allowance. Critics warn that extending the freeze would leave tens of thousands of pensioners and other taxpayers stuck in a higher tax band for longer,…
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Pension Funds See 33% Jump in Bond and Equity Holdings on Strong Returns
Pension Funds Boosted by 33% Rise in Bonds and Equities Pension funds in Kenya posted a significant uptick in their investment exposure last year, with the combined value of bond and equity holdings rising by 33 percent, or about Sh398.1 billion, in the year ended June 2025. The rise underscores a period of strong market…
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What to Expect as Rachel Reeves Signals a Brutal Budget for Pensions, Savings, and Inheritance
Overview: A Budget Met with High Stakes As the new fiscal plan from Chancellor Rachel Reeves nears publication, political commentators warn of a budget that could touch a wide array of personal finances. Critics argue that while Reeves promised a gentler approach than last year’s controversial tax blitz, the reality may still involve substantial adjustments…
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Budget Shock Ahead: How Rachel Reeves Could Reshape Pensions, Savings, and Inheritance
What to expect from a Reeves-led Budget With Rachel Reeves at the helm as Chancellor, the UK Budget landscape is set for a dramatic shift. Early signals suggest that, despite promises to avoid a repeat of last year’s large-scale tax blitz, the Treasury faces a tight fiscal path. Analysts anticipate at least a modest tightening—potentially…
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Budget Shock: What a Reeves Government Could Mean for Your Pension, Savings, and Home
Introduction: A Budget That Never Shies Away From Tax Britain is watching a pivotal moment as the political climate heats up around the next Budget. With Chancellor Rachel Reeves signaling a willingness to pursue bold fiscal measures, many households worry about how pensions, savings, homes and inheritances could be affected. While promises from policymakers are…
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Money Diaries: A Chemist on €52K Living in Cork
How a Cork Chemist Manages Money on a €52K Salary Welcome to a behind‑the‑scenes look at everyday finances in Ireland. In this installment of The Journal’s Money Diaries, we meet a 27‑year‑old chemist living in County Cork. Earning a base salary of €52,000 with shift allowances and an annual bonus, she and her partner are…
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Budget 2026: €10 Social Welfare Rise and Key Measures
Overview: A €10 boost for social welfare The long-awaited Budget 2026 is set to be unveiled, with government officials signaling a cautious approach amid uncertain economic winds. The headline change confirmed ahead of the address is a €10 weekly increase across all social welfare payments, including the state pension. This marks a more gradual rise…