Tech & Tonic: Easy pensions and platforms

Photo by  Syd Wachs  on  Unsplash

Photo by Syd Wachs on Unsplash

News story of the week: The geography of pensions

The decision to save into a pension is no mean feat, an almost impossible mountain of coins ahead of you, but how much should you save for a comfortable pension?

According to new research from easyMoney, the personal finance arm of Sir Stelios’s Easy empire, everyone’s personal pension summit is different and depends upon where one lives.

According to the findings, people in Cambridge with an average life expectancy of 81.4 years need to punt for the biggest pension pot at £246,410.52, while those in Glasgow need only save £70,032.76 because they’re only set to live until 71.6 years. Not depressing at all, that.

Comment piece of the week: Advisers rank platform popularity

News just in! New Model Adviser just polled over 200 advisers on their favourite platforms and ABSOLUTELY NO ONE commented on Geri Halliwell's Union Jack shoes.

The folks over at Aviva came in first, followed by Transact in second and Fidelity FundsNetwork and Old Mutual Wealth in joint third. Pip Pip.

Number of the week: Moneyhub builds on backing

In further evidence that the UK’s tech start-up scene rules the innovating roost, Nationwide Building Society has announced it will take a minority stake in personal finance management app Moneyhub.

While the sum has not been disclosed, coming from Nationwide’s £50 million venture fund, Moneyhub will undoubtedly be thrilled. What a way to end the week!

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