More than 13 million UK women lack a financial safety net

clock
 women-in-law.jpg
Image:

women-in-law.jpg

For nearly three in ten (28%) women in the UK, the inability to support themselves or their families financially is their greatest financial fear, according to research.

The report from Aegon ‘Protection matters: does women's financial planning match their priorities?', found that nearly half (46%) of 2,000 women polled believe it's solely their responsibility to make sure that their family has enough income should the unexpected happen. Twenty nine percent of mothers rank the financial security of their children as second only to their children's health and happiness (56%) in their priorities, while for those without children, 42% place their partner as their...

To continue reading this article...

Join Cover

  • Unlimited access to real-time news, key trend analysis and industry insights.
  • Stay on top of the latest developments around Covid-19, regulation, diversity and mental health.
  • Receive breaking news stories straight to your inbox in the daily newsletter.
  • Exclusive access to our fortnightly Protection insight mini-podcast.
  • Be the first to hear about our CPD accredited events and awards programmes.

Join now

 

Already a Cover member?

Login

More on Individual Protection

Royal London extends Helping Hand wellbeing services

Royal London extends Helping Hand wellbeing services

Includes GP consultations and mental wellbeing app

John Brazier
clock 17 January 2022 • 1 min read
Zurich launches Stand Alone Critical Illness product

Zurich launches Stand Alone Critical Illness product

Includes Total Permanent Disability benefit

John Brazier
clock 17 January 2022 • 3 min read
COVER Wellbeing 360 Summit now open for registration

COVER Wellbeing 360 Summit now open for registration

Virtual conference on 24 March

COVER
clock 13 January 2022 • 2 min read