Aegon launches tool to boost financial wellbeing

The Aegon Financial Wellbeing Tool will help people assess the role mindset and money plays in their financial wellbeing and then help them to make improvements. The tool asks 10 questions, five on money blocks and five on mindset blocks, to work out the financial wellbeing of the person. Money block questions cover income level, ‘rainy day fund', manageable debt, long-term savings and value of assets. Questions on the person's mindset cover joy and purpose, future self, long-term plan and financial literacy. Once these questions have been answered, the tool will then work out a ...