Financial Security Risk Report
“Exposed?”, a new report focusing on risks to financial security from the Personal Finance Research Centre, University of Bristol, reveals how risks cluster together in ways that leave people extremely exposed to the worst consequences of the economic downturn.
The report, which has been supported by Genworth Financial, the global financial security company uses an innovative technique known as latent class analysis to identify how a range of common risks co-exist, using data from the FSA’s Baseline Survey of Financial Capability.
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