PENSIONS DASHBOARDS WILL GIVE PEOPLE OVERVIEW OF SAVINGS

Pensions dashboards enabling people to see details of their retirement savings in one place have been given the green light, with initial industry models expected this year.

The UK Government said savers will be in the driving seat, with all the facts and figures about their pensions and potential retirement income at their fingertips in one place for the first time - on smartphones, tablets and computers.

At the moment, when people build up savings with different employers for when they retire, they can only look at these pension pots separately.

NEW £2 COIN CELEBRATES SAMUEL PEPYS

Samuel Pepys is being celebrated with a new £2 coin from the Royal Mint. A diary kept by Pepys from 1660-1669 gives a first-hand account of historic events such as the Great Fire of London, the Second Dutch War and the Great Plague. The coin, which is available to buy on the Royal Mint's website, commemorates the 350th anniversary of Pepys' final diary entry. Prices range from £10 for a brilliant uncirculated version of the coin, to £845 for a gold proof coin.

HOME OWNERS 'REGRET COMPROMISING ON LOCATION AND PRICE'

A quarter of home owners who compromised on location when buying their current property say they now regret it, a survey by Which? Mortgage Advisers has found. One in five (20%) people surveyed said they compromised on the preferred area of their current home, 25% of whom said they later regretted it.

The price paid (26%), the decor (23%), the size of the rooms (20%) and the garden (17%) were also factors people had made compromises on when buying.

POUNDNOTES

Financial fact: People living on their own spend an average of 92% of their disposable income, compared with two-adult households who spend only 83% of theirs, Office for National Statistics (ONS) analysis of people aged 25-64 has found. The research compared people living alone with those living together with another adult, and did not include those living with dependent children.