Two thirds of retirees who rely on savings and investments to fund their retirement have seen their income fall in the last two years. On average, retirees have seen a drop in income of £2,400 a year, according to Investec Wealth & Investment.
Letting agent fees are "out of control" and should be scrapped, a housing charity has warned. According to Shelter, the fees charged by agencies are pushing renters into debt and forcing them to cut back on food and heating.
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