Increase in cost of living causes two fifths to reduce or stop regular saving. - 12th July 2022
Over two fifths (42%) of UK adults say the increase in the cost of living has meant that they have reduced or stopped any regular savings.
Over two fifths (42%) of UK adults say the increase in the cost of living has meant that they have reduced or stopped any regular savings.
A fifth (21%) of individuals have experienced someone trying to scam them out of their money, savings or investments.
Nearly half of UK adults (47%) say that financial worries impact their life and more than a quarter (26%) say that it makes them feel depressed and anxious, rising to more than a third (35%) of 35-54 year olds.
Cryptocurrencies are rapidly gaining popularity amongst investors due to being advertised as ‘get rich quick’ investments. They have particularly increased in attractiveness since the pandemic, with many people feeling obliged to take on greater risks to compensate for the economic uncertainty and concerns caused by the rising cost of living.
WEALTH at work has conducted a survey with the Pensions Management Institute to investigate the concerns pension Trustees (the people responsible for ensuring that a pension scheme is run properly) have have for their scheme members in the run up to their retirement and what support provisions they have in place.
WEALTH at work, a leading financial wellbeing and retirement specialist, has put together a checklist of how to look after your money in a crisis.
The Wealth at Work group (“the Group”) – a leading financial wellbeing and retirement specialist has acquired technology firm Death by Design Limited (“DBD Digital”), based in Alderley Edge, Cheshire.
The Wealth at Work group – a leading financial wellbeing and retirement specialist has acquired Death by Design Limited (DBD Digital), a technology firm based in Alderley Edge, Cheshire.
As advances in technology and innovation progress rapidly continues to invest in this area to build state-of-the-art digital services for its clients.