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Number facing financial struggle falls by 3.5m

The number of people struggling to meet financial commitments has fallen by 3.5m since last year, according to new figures published today by the FCA.

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Cost of living crisis makes half change pension plans

Almost half (49%) of working adults have changed their retirement plans because of the cost-of-living crisis, according to new research by the Pensions Management Institute (PMI).

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1 in 3 parents of Gen X supporting adult children

A third (29%) of parents born between 1965 and 1980 are financially supporting children over the age of 21.

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Some workers cutting back pension contributions - study

One in three workers has thought about reducing or stopping their pension contributions in the last two years as the cost of living crisis has hit hard, according to Royal London.

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