All the updated news related to abrdn financial fairness trust

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Personal Finance

Calls for limit on how often people can be contacted about missed payments

Stronger rules are needed to prevent borrowers who are behind on their payments from being overwhelmed with correspondence chasing their debts, according to consumer champion Martin Lewis and the Money and Mental Health Policy Institute. Research ...

14 Dec 2023 at 00:01

Personal Finance

‘Severe impact’ of rising living costs on disabled households highlighted

Households where people have disabilities are particularly likely to have recently struggled to keep their home warm, have relied on friends and family for financial help, and had to make cutbacks on meals, showers or baths as living costs rise, ...

07 Sept 2022 at 01:01

Personal Finance

Wealth gap between richest and those in middle is highest on record – think tank

The wealth gap between the top tenth of households and those in the middle has ballooned to a record £1.2 million per adult, according to a think tank. Aspirations that used to be achievable for at least some less wealthy households, such as ...

20 Jul 2022 at 01:01

Personal Finance

‘1.3 million families facing cost-of-living crisis with no savings buffer’

Around 1.3 million families across Britain had no savings before the biggest cost-of-living crisis in a generation struck, a think tank has said. With no savings buffer to rely on, some will be pinning their hopes on friends or family to ...

17 Jul 2022 at 01:01

Millions ‘eating worse food and showering less as the costs soar’

More than four million UK households are in serious financial difficulties and have resorted to buying lower-quality food, selling possessions and cutting back on showers to make ends meet. A new report found that an additional 1.6 ...

11 Jul 2022 at 01:01

Personal Finance

Wealth gap between younger and older households has shrunk – report

The average wealth gap between households aged in their 30s and those of their parents’ generation in their 60s has shrunk by £86,000 over the past five years, according to a think tank. Britain’s “wealth boom” has started to ...

28 Nov 2024 at 08:39

Lowest earners ‘running out of options’ ahead of April bill hikes

Households are bracing themselves for across-the-board increases to their bills, with those on the lowest incomes running out of options, a charity has warned. Citizens Advice said those on the lowest incomes were “already ...

31 Mar 2025 at 11:52

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2025

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abrdn financial fairness trust
consumer credit act
cost of living
creditors
debt
financial conduct authority
martin lewis
money and mental health policy institute

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