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The global recession and redundancy are two of the main concerns for people in the UK, new research shows.

Findings compiled by Edward Jones show 27 per cent of people rank these as their main areas of concern, while 16 per cent claim increasing government debt is an issue.

"That the mounting global recession was ranked as highly as being made redundant may be a surprise to many but it just underlines how people are aware these days of what is happening across the globe," comments Tim Kirley, Edward Jones UK principal.

He adds that the ten per cent of people who are concerned about the value of their pension funds need to ensure they keep making contributions in order to secure their long-term financial futures.

Additional findings show one per cent of those aged between 18 and 24 are concerned about the value of their pension find, while 27 per cent of people over 55 cite this as their greatest worry.

Workers who have been with a company for two years continuously are reminded they have the right to redundancy payment.

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