You searched for saga - Page 8 of 8

Search Results for: saga

Where Will Granny Be Spending Her Pension Money?

Cruise holidays and buy to let properties are all expected to have a boost in popularity this year. Following new pension reforms in the UK savers will have more control than ever over their retirement funds. Cruises lines are expecting an extra $2.2 billion (£1.5billion) increase in sales that are believed to be stemming from the saving pots of pensioners, who are likely to be saving for a holiday of a lifetime. Huge changes to the rules of pension were announced by finance minister George Osbourne at the end of last year, finalised last month and finally we saw the effects kick in this week. The new scheme allows savers over 55 years of age to withdraw money from their pension plan. NAPF (The National Association of Pension Funds) have found from their research that a large majority of pension savers were feeling positive about the recent changes with 82% of 55-70 year olds for the enhanced freedoms. 435 of the 850 savers plan to cash out their taxable pension savings. Although 27% of these savers said they would like to spend this money on something indulgent, like a new car or a luxurious holiday, leaving the other 67% deciding to save it, invest it, or spend it gradually. The new changes will allow individuals their own freedom to cash out money from their savings and spend it whenever...

Azura comes to the rescue

The P&O Cruises’ ship Azura has rescued three people who were struggling for survival in the Caribbean. Off the coast of Grenada, the group was in a small boat when staff aboard the cruise ship noticed them and came to their aid, Travel Weekly reports. The captain identified that they were in a poor physical condition and the trio were taken into the on-board medical centre. P&O Cruises marketing director Christopher Edgington highlighted how the ship’s role was to help any other vessel or seafarer who is in danger, as stipulated by international maritime law and the duty of everyone at sea. “We commend the actions of Azura’s captain and crew, who performed admirably, acting swiftly to save other seafarers,” he commented. The trio were later taken to Grenada, thanks to the coastguard. Azura is on its way to St Lucia and will arrive there today (December 1st), on schedule. This follows a recent incident where the Saga Pearl 2 ship had to make a detour to come to the aid of a sailor who was in danger on a nearby yacht. Read more about this article here. Have you been on a cruise that helped out some stricken...