The Coronavirus pandemic has left one in three UK savers fretting about their finances but only 3% consulted a Financial Planner in the second quarter of this year, according to a new report.

A survey of over 4,000 UK adults found that 44% say they are more “stressed and anxious” than usual due to the Coronavirus pandemic.

Retirement and protection provider LV= has axed the drawdown fee for new customers as part of a pension charging overhaul.

Mutual financial provider LV= confirmed today that it was looking at options which may include a sale of its businesses.