Lack of awareness hinders public sustainable investments

A lack of awareness and support hinders the public from making sustainable investments, according to a new survey from the UK Sustainable Investment and Finance Association (UKSIF). Despite 69% of those surveyed expressing discomfort with investments negatively...

Savers withdraw £1.4bn in September

Recent data from the Investment Association (IA) has shown that UK savers made significant withdrawals from funds in September 2023, totalling £1.4 billion. This outflow represents the largest of the year to date. Despite September's increase in withdrawals, the third...

880,000 pensioners miss £2.1bn support

New data from the Department for Work and Pensions (DWP) highlights that, in the 2022 fiscal year, an estimated 880,000 individuals beyond the state pension age missed out on crucial financial support, amounting to £2.1 billion. While 63% of eligible pensioner...

Report reveals ways to improve pension engagement

Scottish Widows has released recommendations for employers and advisers, with the goal of enhancing employee engagement with their pension savings. Backed by figures from the Association of British Insurers (ABI), the company highlights the pressing issue of low...

Real Living Wage rises to £12

The Living Wage Foundation's recent announcement about an increased real Living Wage has implications for UK employers. Starting from 2023/24, the real Living Wage is set at £12 for the UK and £13.15 for London. Living Wage employers have a six-month grace period...