UK adults reveal impact of ill health on finances

clock • 2 min read

Almost a third (31%) of UK adults have experienced temporary or permanent leave from work due to ill health, a cancer diagnosis or a death within the family, according to a study by Aviva.

  More than three quarters (77%) of these have seen their finances suffer, equivalent to 12.3 million people. The findings were published in Aviva's Protecting Our Families report.  The research showed that more than a quarter (27%) of parents with dependent children have suffered a health crisis, with nearly all (91%) of these saying their finances were negatively affected. Aviva's data also revealed the average monthly income of someone who has experienced this is 24% lower than those who have not (£1,909 vs. £2,518). They also typically have 40% less in savings and investm...

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