Financial worries rising among sandwich generation

More than half worrying more

Adam Saville
clock • 2 min read

Research shows mental health strain of personal finance issues exacerbated during lockdown

More than half (55%) of Brits aged between 45-54 agreed they are more worried about their financial situation than before the lockdown - and almost a third (30%) said this is negatively impacting their mental health, according to a study by Aviva. The research, which surveyed 2000 UK adults (300 of which were aged 45-55) suggests that this age group - as known as the ‘sandwich generation' due to its tendency to support both children and parents  - is shouldering the heaviest financial burden as a result of the pandemic. One in six (16%) said their adult children have become more finan...

To continue reading this article...

Join COVER for free

  • Unlimited access to real-time news, key trend analysis and industry insights.
  • Stay on top of the latest developments around health and wellbeing, diversity and inclusion and the cost of living crisis.
  • Receive breaking news stories straight to your inbox in the daily newsletter.
  • Members only access to monthly programme 'The COVER Review'
  • Be the first to hear about our CPD accredited events and awards programmes.

Join now

 

Already a Cover member?

Login

More on Individual Protection

Finances negatively impacting young adults' mental health

Finances negatively impacting young adults' mental health

The Exeter research findings

Jaskeet Briah
clock 10 July 2026 • 2 min read
CII looks to reduce repeat disclosures for vulnerable customers

CII looks to reduce repeat disclosures for vulnerable customers

Launches cross-sector Vulnerability Data Sharing Taskforce

Jaskeet Briah
clock 08 July 2026 • 2 min read
UK lags behind global countries in managing chronic health: Zurich

UK lags behind global countries in managing chronic health: Zurich

Provider publishes Chronic Care Index

Jaskeet Briah
clock 07 July 2026 • 3 min read