Employees aged 45 and over are among the most affected group of people to be hit by the ongoing cost of living crisis and its impact on individuals, according to Aviva.
Research from the insurer's fourth Age of Ambiguity study found that four in five (79%) surveyed employees were more concerned about the cost of living crisis and its affect on wellbeing. Due to the economic crisis, 34% of respondents said they no longer feel prepared for unforeseen life circumstances such as accidents, serious illness, or redundancy that could affect their income and living situation. In addition, three-quarters (75%) of surveyed employees who have experienced a reduction in their income because of the crisis have seen stress levels rise. Meanwhile, half (50%) of...
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