Retirees experience disconnect between net worth, cash on hand

There is a line in Lane Clark and Peacock’s (LCP’s) latest report on being single in retirement that should make all of us in the sector take note, which is: “The best antidote to poverty in retirement is to be part of a couple.” According to the report, the poverty rate among pensioner couples…

This article was written by Follow Dhierin-Perkash Bechai is an aerospace, defense and airline analyst. Dhierin runs the investing group The Aerospace Forum, whose goal is to discover investment opportunities in the aerospace, defense and airline industry. With a background in aerospace engineering, he provides analysis of a complex industry with significant growth prospects,…

U.S. stocks are entering what has historically been the weakest stretch of the year, but unusually bearish investor sentiment could help limit any pullback, according to Ned Davis Research.

Estate agency Boydens has reported selling 16 beach huts in Essex so far this year, with demand accelerating during the summer heatwave period. The sales have been concentrated in coastal locations including Frinton-on-Sea and Walton-on-the-Naze, with hotspots at High Wall, Low Wall, The Leas, and Southcliff. Zenna Everett, sales and lettings negotiator at Boydens’ Frinton-on-Sea…

Debt among older Americans is rising, both in terms of the number of older households carrying debt and the amount borrowed.

New data has shown the preliminary clearance rate for the combined capitals lifted to its highest in 11 weeks last week, with Melbourne leading the results. According to Cotality’s Market Indicator Summary for the week ending 9 August, preliminary clearance rates rose to 55.1 per cent last week, after a low of 47.4 per cent…