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DID YOU KNOW?
94% of UK employees are suffering from money worries and 59% rank it as their biggest cause of stress & anxiety
Student debt is rising; Students today graduate university with average debts of £50,800
Every two minutes someone in the UK is diagnosed with cancer
1 in 3 people born in the UK this year will develop dementia in their lifetime
The number of households has increased by 6% in the last 10 years, but the average household debt now stands at a record £15,400
The average cost of a funeral is often a lot higher than what people expect, and now costs 80% higher than in 2008
Average inheritance is £11,000 but more likely to be received by those aged 55 to 64
The average cost of a wedding has increased by about 20% over the past 5 years to £20,000, and 42% of marriages end in divorce costing on average about £1,500
1 in 3 people will have to rely solely on their state pension of £168.60 per week, 35% of adults don’t have a pension at all and 43% of the population don’t know how much they will need in their retirement
Resources
Helpful tools resources from around the web
Case Studies
Guides and Infographics
Talk Money, Talk Pensions Week
- Taking place from 18–22 November, Talk Money, Talk Pensions Week is an annual event from the Money and Pensions Service (MaPS), to get the public talking about money and pensions, and break the stigma around money.
- Find out how to get involved here
- More information about the campaign here
Free Advice
- Book a free Pension Wise appointment – Get an appointment with a pension specialist, to talk about your pension options
- Free Tips & Guides from PIMFA to help decypher industry jargon and manage your way through the financial landscape:
- Firm Directory
- Jargon Buster
- FAQs
Downloads and Social
- Download PIMFA Financial & Mental Wellbeing Financial Journeys Pack
- You can also find more information about the campaign in the press release here.
- Follow @PIMFA_UK and share content and information from our social media pages: