Nearly 23m adults (42%) say the cost of living crisis has caused them to struggle financially, according to a new survey.

The FCA is planning to update its guidance, introduced during the Covid-19 pandemic, to provide more support to insurance customers facing financial difficulty.

Two-thirds of pension savers have no idea who manages their pension in an alarming “understanding gap”, according to new research.

A major new consumer survey from the Financial Conduct Authority has revealed that 7.8m people are finding it hard to keep up with their bills - up 2.5m since 2020.