Three quarters (73%) of retirement savers either can’t afford to retire or were unsure if they could afford to retire, according to a new report.

Over half (54%) of UK savers expect to use up all of their emergency savings as the cost-of-living crisis puts pressure on households, according to a new report.

Four in ten (39%) of UK adults have helped family or friends financially in the past six months as many struggling to meet the rising costs of living.

A new consumer finance survey carried out this month suggests that 32% of people have cut back on saving due to the cost of living crisis.