'Many disabled people are facing barriers to participation in the traditional investing and savings industry.
As the cost-of-living crisis deepens, we have found ourselves standing on the edge of a recession that the Bank of England predicts will last well into 2024, topped off by double-digit inflation.
Some groups will be disproportionately impacted by the real-terms drop in income, higher mortgage costs and unemployment, notably those with the most complicated life circumstances. Disabled people in the UK make up 21% of the working population and more than 40% of pension age. Changing demographics, longer lives but increasing chronic conditions mean this number will rise.
City Hive CEO Bev Shah discusses City Hive's newly launched research exploring the disability investment gap, and how the industry can take action to address it.