Last week, Employee Benefits reported that supporting employees with cost-of-living issues was rated as eighth on employers’ corporate agendas, while financial wellbeing was ranked twelfth, according to research by Close Brothers’ Workplace Financial Wellbeing Services.
The future of the state pension has been called into question after an “alarming” new report published today (5 February) revealed the retirement age for UK workers may need to rise to 71 by 2050. The report, from the International Longevity Centre, has been met with concern by the financial services sector – with pensions […]
The Bank of England held interest rates at 5.25 per cent today (February 1) in its first interest rate decision of 2024. It it the fourth month in a row the central bank has decided to keep rates the same. The bank said it will keep interest rates high for long enough to get inflation […]