Young people aged 16 to 24 are more affected than other age groups by mental health problems such as anxiety and depression, yet are least likely to seek support, according to research from Aviva.
The group's Wellbeing Report said young adults were almost twice as likely not to seek any support (13% versus 7%) compared with their older counterparts. Overall, it found half (50%) of UK adults would feel uncomfortable or unsure about telling others if they experienced a mental health problem. Almost the same proportion (47%) of UK adults are currently experiencing or have recovered from a past mental health condition themselves. Across the UK, stress was found to be the most common mental...
The Financial Ombudsman Service (FOS) will maintain its current funding model for the next financial year despite recognising it is unsustainable in its current form.
The FCA has confirmed that, while businesses will have to identify certified staff from day one under the Senior Managers & Certification Regime (SM&CR), they will have a year to complete fitness and propriety assessments.
Scott Cadger runs through the four most common reasons people give for not taking out critical illness cover - and some suggestions on how advisers can offer reassurance on each in conversations with clients
The Financial Ombudsman Service (FOS) has sought to provide clarity regarding any potential confusion over the products advisers should recommend to clients to cover a decreasing loan or mortgage.