A quarter (24%) of people globally are concerned they are not saving enough ahead of retiring, with baby-boomers most fearful they are lacking savings, Schroders’ Global Investor Study 2019 has found.

Insurers, professional bodies, guidance services and financial advisers revealed what they will do to support Insuring Women’s Futures, a CII-led initiative. 

Independent financial and corporate adviser Chase de Vere has called on product providers to do more to meet a “growing demand” to provide easy access to ethical and socially-responsible investment funds in their workplace pensions.

A third of over 50s say they do not think they have enough money to provide them with sufficient income for their retirement.

Research by a financial provider has found that 4.8m people who could ‘comfortably’ pay for financial advice reject seeing an adviser even though it could be of financial benefit to them.