Financial news

• Pension WARNING: Savers urged to act NOW as Generation X ‘not saving soon enough’

  09-05-2019 16:56 via feedproxy.google.com
  SAVERS are being urged to start investing for their retirement sooner rather than later as a surge in contributions suggests many are trying to make up for lost time.
  
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• Airlines criticise proposed 50p flight-protection levy

  09-05-2019 15:37
  Review prompted by Monarch collapse also calls for changes to airline insolvency rulesAir passengers should pay a 50p levy to ensure they can be flown home should their airline go bust, a government review has proposed.The airline insolvency review, which was commissioned after the collapse of Monarch in 2017, said the fee would mean passengers were protected when abroad, but not at the expense of taxpayers. The government stepped in to repatriate 85,000 Monarch passengers, with the Civil Aviati
  
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• L&G's £2bn retirement homes plan could 'revive UK's high streets'

  09-05-2019 13:47
  Project is first major push to bring purpose-built retirement villages to city centresLegal & General plans to build 3,000 retirement homes in city centres across the UK in the next five years in a radical move that could help counter the decline of the high street.The insurance and pensions group’s £2bn project is the first major push to bring purpose-built retirement homes to city centres, at a time when many high-street retailers are struggling to compete with online rivals an
  
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• Harron Homes ignored snagging issues for 18 months

  09-05-2019 08:00
  The developer failed to fix the problems in time, so now my new home’s warranty has lapsedIn 2017 you wrote about the seven-month delay in the completion of our new house by Harron Homes and intervened when they ignored snagging issues for a further seven months. Harron responded with a promise to get the work done but in the 18 months since, despite constant chasing, I’ve heard nothing.Now I’m told that the warranty has lapsed so Harron won’t be rectifying the problems,
  
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