Two-thirds of people in the UK will care for a loved one at some point
With life expectancy rising and more people starting families later, around 1.3 million individuals in England and Wales now have caring responsibilities for older and younger dependents. If this sounds familiar, you’re likely part of the ‘sandwich generation’[1].
Do you have potential shortfalls and need to address these gaps?
First and foremost, let’s explore how your pension operates. When you contribute to a personal or defined contribution workplace pension, your payments are invested in various investment funds. As you continue to contribute, your pension pot should grow. However, it’s important to remember that the value of investments can fall as well as rise and is not guaranteed.
How to make future aspirations more attainable and less stressful
Saving can bring you a level of financial freedom that transforms your life. By putting money away regularly, you create a financial cushion that can support you through emergencies, help you achieve significant milestones or provide peace of mind.
The imperative of collective action and responsible investment
What we do collectively this decade – including how we invest – could mark the difference between starkly different futures. Our actions now will determine whether we face a future plagued by environmental degradation or one where we have successfully mitigated some of the most pressing ecological concerns.
Delayed life milestones and lack of planning pose significant risks
New research has revealed that five million childless households in the UK currently lack life insurance, pensions or savings[1]. This alarming statistic underscores a broader shift in how families are structured and how financial priorities are set across the nation.
