Three in four defined benefit (DB) pension schemes in the UK are set to use contingency funding to manage their risks amid significant changes to the economic and regulatory environment.
Two-fifths of working adults aged 50 and over in the UK are worse off financially due to COVID-19, while almost half have seen their job and income impacted.
One-quarter of UK adults are suffering with over-indebtedness, few savings or low or erratic earnings, a survey by the Financial Conduct Authority (FCA) has found.
Just 7% of UK retirees view planning for social care costs as a financial priority, while only 1% see it as their most important consideration, a recent survey by Aegon has uncovered.
More than £600bn of equity was available for release in UK homes in the final quarter of last year, breaking all previous records and up £15bn on the previous three months.
The world must rethink how it measures economic success to ensure that humanity's demands on nature meet supply, an independent review on global biodiversity has concluded today.
The UK government has today opened a consultation into proposals that could see households enjoy cheaper insurance premiums for installing flood barriers, air brick covers and other flood resilience measures.
Almost nine in 10 UK workers do not feel that they get the support they need around pension planning from their existing employer, scheme or provider, a recent survey has found.
