The number of UK adults with Private Medical Insurance has risen by 1m in the past five years to reach 6.9m, according to analysis of the FCA’s Financial Lives survey by consultancy Broadstone.

Just 17% of pension ‘dippers’ - savers who 'dipped' into their Defined Contribution (DC) scheme to release cash - used the government’s Pension Wise personal finance guidance service.

Only three in five (58%) advised consumers had high levels of trust in their financial adviser in 2022, according to the latest FCA Financial Lives survey.

A major new consumer survey from the Financial Conduct Authority has revealed that 7.8m people are finding it hard to keep up with their bills - up 2.5m since 2020.