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World Environment Day: Why restoring ecosystems is important

Since 1974, World Environment Day has been celebrated annually on 5 June. It aims to engage governments, businesses, and people to address pressing environmental issues. This year, the theme is “ecosystems”.

An ecosystem is a community or group of live organisms that live in and interact with each other in a specific environment. From frozen tundra to diverse forests, ecosystems are important, but modern lives mean these environments are being degraded. According to the United Nations (UN):

Read more: World Environment Day: Why restoring ecosystems is important

How to choose the right financial protection product to give you confidence

The pandemic has highlighted the impact the unexpected can have on finances and lifestyle for millions of people. The uncertainty of the last year is spurring more people to consider financial protection products. However, simply taking out a protection policy may not provide you with the right type or level of cover. It’s crucial you consider your priorities and situation.

Some 8.3 million (48%) of 25- to 44-year-olds that don’t have an income protection policy are now interested in learning more, according to an LV= survey. After a year when unemployment figures increased and more than nine million people have been on furlough at some point, workers are more aware of their financial security than ever.

Read more: How to choose the right financial protection product to give you confidence

Money mindset: Shaking up how you think about finances could boost wellbeing

Money has a huge impact on our wellbeing. Whether we have “enough” is often the focus when facing money challenges, but a new report suggests that our mindset and relationship with money could have a far bigger influence on wellbeing.

Past research has linked financial concerns with poor wellbeing. The latest research from Aegon notes this as well. It found those with money worries experienced:

Read more: Money mindset: Shaking up how you think about finances could boost wellbeing

Covid-19 spurs more people to seek financial advice, but it’s not just for times of crisis

The pandemic has placed pressure on families across the UK. So, it’s not surprising that more people are seeking financial advice and thinking about their long-term security. While financial advice can be incredibly useful in a crisis, an ongoing relationship with a financial planner can be just as valuable.

After a year of lockdowns and social distancing, 53% of UK adults say the financial crisis caused by Covid-19 has prompted them to seek professional financial advice, according to a survey from Prudential.

Read more: Covid-19 spurs more people to seek financial advice, but it’s not just for times of crisis

Should you defer your State Pension? It could reduce your tax liability

There’s often a lot of talk about the State Pension Age rising and the impact it could have on retirement plans. But, in certain circumstances, delaying your State Pension payments could pay off.

The State Pension Age is currently 65, but is gradually increasing and will reach 67 by 2028. You can use the government’s State Pension Age checker to see when you’ll be able to claim the State Pension. Remember, the State Pension Age is under review, so it could rise if your retirement is still some way off.

Read more: Should you defer your State Pension? It could reduce your tax liability

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