Thirteen recommendations for the Money and Pensions Service (Maps) have been laid out in an independent report to address the “urgent” financial wellbeing implications of the coronavirus pandemic on Britons.
The Money and Pensions Service (Maps) has named 12 sector leaders as challenge group chairs to spearhead its newly launched strategy for financial wellbeing.
Most women are not saving enough for retirement and remain at risk of running out of money after they finish work, according to new analysis.
A third of female entrepreneurs in the UK are not saving any money towards their retirement, figures from Scottish Widows show.
Scottish Widows has enhanced its workplace savings offering in a bid to appeal to larger schemes with more flexible products following its acquisition of Zurich Corporate Savings.