Schroders and the Pensions Management Institute (PMI) have today launched a joint 'Lifetime Savings Initiative' (LSI), a project to shine a light on the challenges facing UK savers.

Almost half (49%) of working adults have changed their retirement plans because of the cost-of-living crisis, according to new research by the Pensions Management Institute (PMI).

The number of UK adults with Private Medical Insurance has risen by 1m in the past five years to reach 6.9m, according to analysis of the FCA’s Financial Lives survey by consultancy Broadstone.

Adviser support network SimplyBiz has partnered with Usay Compare to offer a private medical insurance (PMI) referral service to its members.