Over a third (36%) of the adult population of the UK’s finances are in a worse position than three months ago, according to a new report.

Protection and pension provider LV= said it expects to see a rise in income protection and critical illness claims in 2021 due to a backlog of cancer screenings.

LV= has launched a trustee investment plan to make smoothed funds more accessible to SIPP and SSAS investors.

Protection provider LV= has paid more than £6m in Coronavirus-related income protection and death claims since March.