News

• People struggle to work out size of pension pot they need to see themselves through retirement


• One in ten think a £25,000 pot will be enough to get them to a basic lifestyle in retirement


• Saga Investment Services urges the FCA to address lack of access to affordable advice and guidance

Saga pre-Budget letter calls for Budget action to:

• Help release family homes by helping older owners to downsize


• Simplify pensions to boost saving


• Boost money for care


• Tackle long-term unemployment among over 50s

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Go retro and make vintage textile handicrafts, create sugarcraft models and learn to embroider on Saga Sapphire

• New cars, home improvements and holidays are key areas for spending amongst over 50s


• Two thirds of over 50s have had major work done to their house


• People typically take 7 foreign holidays in their 50s

Solo guests who have longed to experience the Caribbean sunshine can discover the three enchanting islands of Antigua, St Kitts and Nevis on Saga's new tour.

“On the face of it today’s employment figures look great, but there are clear regional differences in the employment prospects for those that are aged 50 and above across the UK.” said Paul Green, director of communications for Saga.

Today's inflation figures show that inflation for over 50s is increasing at a faster rate than for the population as a whole.

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