One in ten UK workers hold no savings: LV=

According to LV='s latest Reaching Resilience report, 68% of workers described themselves to be ‘quite' or ‘very' financially resilient. However, more than 40% of workers said they had no form of protection in place, including cover paid for by themselves or by their employer. If workers were unable to work for two months or more due to an illness or injury, most would rely on savings, employer sick pay and support from a partner. The research also found limited understanding of support offered through employer sick pay schemes as 20% of employees said they did not know what sick p...