We are deeply saddened. - 9th September 2022
We are deeply saddened by the passing of Her Majesty, Queen Elizabeth II. Our thoughts are with the Royal Family at this sad time.
We are deeply saddened by the passing of Her Majesty, Queen Elizabeth II. Our thoughts are with the Royal Family at this sad time.
Half (50%) of 18–34 year olds say the increase in the cost of living has meant that they have reduced or stopped any regular savings.
The Association of British Insurers found an estimated 1.6 million pension pots are sitting unclaimed because they’ve been simply lost or forgotten about.
Jonathan Watts-Lay, Director, WEALTH at work, a leading financial wellbeing and retirement specialist, comments…
The cost of living crisis shows no signs of abating, piling pressure on every type of household after inflation rose by 9.4% in the 12 months to June 2022.
A survey of 2,000 UK adults was conducted by WEALTH at work, a leading financial wellbeing and retirement specialist. It asked people if there was anything they wish they had done differently when it comes to their finances, and what they wish they had known.
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.