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Lifestyle

Three in four single mothers ‘may struggle to afford basics when they retire’

Three-quarters (75%) of single mothers could struggle to afford basics such as food and heating when they retire, a report estimates. Scottish Widows’ annual report said the “motherhood penalty” – the financial and career disadvantages faced by ...

15 Nov 2023 at 14:07

Lifestyle

4 myths about workplace salary sacrifice schemes busted by an expert

Agreeing with your employer to “give up” a chunk of your salary may not sound like a fantastic financial deal – but workers can potentially make their money go further by using salary sacrifice schemes. Yet just over a fifth (22%) have either ...

04 Oct 2024 at 08:00

Lifestyle

A pensions expert explains 3 ways to get to grips with your retirement savings

Saving enough money for retirement can feel like climbing a mountain – but for single people it can be particularly an uphill struggle – and nearly one in five don’t think they’ll ever be able to afford to retire. Scottish Widows has found ...

07 Mar 2025 at 09:05

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