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Posted by Aston Avery

Volatility premium affects millions

New research reveals the ‘volatility premium’ experienced by millions of households in a world where financial products, policies, and employment practices are often designed for those whose income is regular.

Working with 51 low- and moderate-income UK households for more than a year, Nest Insight has found that income volatility affects a wide range of households and is not limited to the lowest earners.

The report identifies the ‘volatility premium’ as a significant but often overlooked cost which is both financial and about broader quality of life, and which affects millions of UK households.

Aston spoke to Sope Otulana, head of research at Nest Insight.

Photo by Colin Watts on Unsplash

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