News

You and your money

Decoding the Autumn Statement 2023: What You Need to Know

Following the release of today’s autumn budget statement from Chancellor Jeremy Hunt, The Openwork Partnership is providing a snapshot analysis of the key highlights that may impact our customers as w...

You and your money

Reckless Caution is Costing Savers

Our research shows more than 11.6 million are keeping all their money in cash despite ongoing low rates. Our nationwide study found 22% of adults prefer to keep all their money in cash while the same ...

You and your money

Advisers Helping Their Clients Rebuild After Pandemic

Our new research shows advisers are working hard to help clients review their finances in the wake of the COVID-19 pandemic. The study found advisers estimate that on average nearly half (46%) of thei...

You and your money

More Than 11.6 million Will Keep Up Extra Covid Saving

Our new research shows more than 11.6 million adults will maintain the extra savings they built up during the COVID-19 crisis as a new mood of caution hits home. More than half (51%) have put the mone...

You and your money

More Than 20 million Have Been Targeted By Financial Scammers

Our new research shows nearly two out of five adults have been targeted by financial scammers in the past year highlighting the need for increased advice. The nationwide study found 38% of adults – th...

You and your money

The Openwork Partnership Focuses on Inheritance Support

We are supporting advisers to help clients get the full benefits of intergenerational wealth transfers. Research shows up to one in three households in the UK receive inheritances or wealth transfers ...

You and your money

IHT advice boom as advisers forecast strong growth

Our new research shows advisers are expecting a boom in demand for advice on inheritance tax planning. Nearly two out of five (38%) advisers saw an increase in demand from clients for advice on IHT pl...

You and your money

One in eight clients have suffered financial damage from covid

Our new research shows advisers estimate around one in eight clients have suffered financial damage during the COVID-19 pandemic. Our nationwide study found that advisers on average believe 12% of the...

You and your money

Families Give £11.2 Billion In Covid-19 Financial Support

Our new research* shows families have provided £11.2 billion in financial support to other struggling family members during the COVID-19 pandemic. The average handout has been more than £470 but aroun...

You and your money

Home from home as parents and grandparents help out

Our new research shows nearly one in five parents and grandparents plan to use their home wealth to help children and grandchildren on to the property ladder in the next five years. Our nationwide stu...