Less than a third of couples, 29%, have completely joint finances and one in five, 20%, keep their money completely separately.

Fund and wealth manager M&G has struck a long-term partnership deal with Dai-ichi Life, one of Japan’s biggest investment and insurance companies.

M&G plc plunged into an IFRS loss after tax of £347m last year after making a profit of £309m the previous year, it reported in 2024 full year results today.

Investment and wealth manager M&G is to exit the digital platform market and will merge its life and wealth divisions in a major shake up for the company.