"From mortgages and pensions to savings and the cost of living, money experts predict what's coming for your finances"
"A lot is changing in the world of personal finance and how we manage our money. The year ahead should see changes in areas such as pensions, savings and mortgages impacted by social media, artificial intelligence, government policies and interest rates."
"In positive news, economist Jim Power says the economy looks set to deliver another solid year in 2026, although he adds some modest weakening of the labour market is possible."
Personal finance will experience changes across mortgages, pensions, savings and the cost of living as technology and policy reshape financial choices. Social media and artificial intelligence will influence financial products and consumer behavior, while government policies and shifting interest rates will affect savings returns and mortgage costs. Consumers may need to adapt to new tools and information sources when managing pensions and savings. Economic forecasts indicate a likely solid year in 2026 for the broader economy, though the labour market could see some modest weakening, which may affect employment-related income and household financial resilience.
Read at Independent
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