News
Nine in 10 pension savers would retire earlier if finances allowed – Penfold
13% of employees have reduced, paused or stopped their pension contributions in the past 12 months due to cost of living pressures.
Cost of living
News
Long-distance commuters could be better off than workers who relocate to London – Careerminds UK
Based on 2026 rental data and average salaries, Birmingham commuters could see £956 more per month from the salary uplift, plus £1,373 in rent savings.
News
Hymans Robertson calls for more workplace guidance amid young people’s financial struggles
Ollie Le Farge said: “Accessible financial guidance can make a real difference by helping young people build confidence and resilience with their money."
News
One in five workers have requested a salary advance – PayFit
Among workers who requested a salary advance, more than half (54%) used it to pay a bill.
Pensions & Retirement
Pension adequacy concerns remain as most savers keep contributions steady – Pensions UK
61% of households wanted all pensions combined automatically, and 77% wanted to see all their pensions in one place.
Featured
UK adults turn to AI to save time and money in everyday life
A new survey by Adobe Express shows 40% of people now use AI at home and work, saving up to 10 hours a week and cutting costs in the process.
News
Debt pushes millions of workers into jobs they don’t want, research reveals
The report showed 35% of British workers have thought about changing careers due to money worries.
News
Most workers say wages have not kept up with inflation, research reveals
Three out of four (75%) said inflation and the cost of living were their top financial worries, a study from LiveCareer found.
Health & Wellbeing
Ben continues summer holidays support programme for automotive workers
It will help families with the cost of bills, food, school uniforms, and opportunities for days out and activities.
News
SMEs plan pay and recruitment freezes as tax rises drive cost pressures – Premium Credit
Research found 26% planned to limit pay rises, while 19% said they would either not replace staff who leave or stop recruiting.
News
Rising costs and inflation remain top concerns for SMEs – Shawbrook
Almost eight in 10 (78%) of SMEs said they worried about inflation and the cost of living, an increase from 69% in 2024.
Compensation & Benefits
One in five UK professionals now working a second job, says Robert Walters
New research from Robert Walters finds 19% of UK professionals have a side hustle, with 30% considering one due to financial pressure and rising costs.