Pensions calculator users' generosity highlighted by M&S Money

Money News

www.moneynews.co.uk > Pensions calculator > Pensions calculator users' generosity highlighted by M&S Money

Topics

bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet

Features

bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet

Companies

bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet

Money News

bullet
bullet
bullet
bullet
bullet

Pensions calculator users' generosity highlighted by M&S Money

M&S Money has published research showing the amount of money that pensioners are spending on their families.

A study by the company indicated that the average grandparent in the UK provides £6,165 for their grandchildren from when they are born until they are 18 years old.

Chief executive of the company Colin Kersley noted that this is a "significant boost" to a child's finances and pointed out that it will be especially useful considering the costs associated with training for top careers.

"With planned benefit cuts likely to affect families across the UK, it is reassuring to see additional support being provided by doting grandparents," he added.

The report also found that 20 per cent of grandparents spend more on such youngsters than they did on their own children.

M&S Money recently stated that one phenomenon that has made a comeback in today's society is the family meeting, with 59 per cent of households conducting such get-togethers before making any major financial decisions.

Click here for more pensions calculator newsADNFCR-323-ID-800290398-ADNFCR

Related News : Pensions calculator

bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet