The language the investment industry uses is a major barrier to the wider uptake of products and services and it is fundamentally important to the overall financial health, and wealth, of the nation that we do something about it.
To that end, Momentum has just published its annual UK Financial Wellness Index, which looks at how the population measures its financial health using simple indicators like how prepared they are for retirement or how much they have put aside for household emergencies. The index shows a small notch up in overall wellness, but the fascinating points are held within the research and formed the backdrop to a debate I recently hosted with a group of industry thinkers. Gosling's Grouse: Why we need a new language for pensions We discussed many issues, including the role of the governmen...
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