Nearly a third (31%) of those planning to retire this year are helping out their families financially to the tune of some £4,300 a year, research from Prudential has found.
On average those planning to retire this year are providing financial support to three people, with their or their partner's children the most likely (56%) to be receiving money. Similarly, grandchildren...
Caring for children and elderly relatives
Similar to June 2007
Square Mile’s series of informal interviews
Fine reduced to £60,000
Two roles created