1 in 5 pensioners missing out on crucial benefits

1 in 5 pensioners could be missing out on vital benefits according to new research from Just Retirement. The study shows that up to a fifth of pensioners are failing to claim their full benefit entitlements each year. The data shows that by failing to do this, pensioners are missing out on an average of £788 in key benefits such as pension credits and council tax benefits each year.

Study shows bank bonuses shrink but basic salaries on the rise

A new study out this week has shows that although City bonuses have nosedived by around 8% in the last 12 months, workers managed to swerve the windfall after being awarded a 7% rise in basic salaries. Research from the Centre for Economics and Business Research reveals that although bonuses fell from £7.3 billion to £6.7 billion in the last financial year, basic salaries in the Square Mile jumped by 7% during the same period. And while bonuses fell during the financial year of 2010-2011, they still remain higher than the levels recorded for 2009.

UK economy returns to growth

New figures out this week show that the UK economy experienced a 0.5% growth in the first quarter of 2011. The Office for National Statistics released preliminary estimates which show that GDP grew by 0.5% between January and March following an unexpected 0.5% contraction in Q4 2010.

More than half of UK population without will

A brand new survey has found that half of the UK's adults have no will, with the majority claiming that they just "hadn't got round to it yet". The research by Standard Life revealed that 60% of 35-44 year olds don't have a will, while 38% of 45-54 year olds and more than a fifth of those over 65 are also without a will. Experts are warning that by failing to arrange a will, consumers could be putting their heirs at risk of paying hefty legal bills when they die.