Almost a third of over 55s feel vulnerable making financial decisions

Almost a third of over 55s feel vulnerable making financial decisions

New research has found that almost a third of all over 55s (30%) have felt vulnerable when making financial decisions. The survey also found that three quarters of those spoken to would welcome the support of a financial advisor who was aware of their vulnerability. However, 19% said they would be upset if they were …

Over half a million firms in significant distress

Over half a million firms in significant distress

More than half a million UK businesses are in significant distress because of the economic effects of the pandemic, according to new research. Insolvency consultants Begbies Traynor claimed that the second wave of the coronavirus has put even more pressure on companies still struggling to recover from the first lockdown and it had found 557,000 …

Steelworkers pension joy

Steelworkers pension joy

Thousands of steelworkers look set for a pension boost after an insurance company buy-out of their pension scheme. The specialist firm Pension Insurance Corporation (PIC) has agreed a £2 billion deal to take responsibility for the retirement funds of 30,000 steelworkers. Forced The British Steel scheme was forced to enter the government’s Pension Protection Fund …