Despite the cost of living crisis, only a minority of consumers are prepared to reduce their pension contributions, according to a study.

The cost of living crisis is forcing parents to scrap their inheritance plans, new research from Killik & Co suggests.

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. 

Wealth manager and Financial Planner Quilter has been hit by a sharp fall in inflows in Q3, blaming the decline partly on cost of living pressures hitting clients.