10m UK adults not financially resilient: MetLife

Reliance on loans, credit cards

John Brazier
clock • 2 min read

MetLife research finds Covid pandemic has worsened financial situation of one-in-three UK adults

The survey, conducted among 2,000 UK adults by Censuswide earlier this year, found that one-in-five (19%) of UK adults do not consider themselves financial resilient and would rely on loans or credit cards. Although 60% of consumers said they feel financially resilient, almost one-third (29%) admitted that this would only be the case if they were to receive help from a family member, their partner or someone else, according to the research. The onset of the Covid-19 pandemic has resulted around one-third of UK adults' financial situation worsening, of which almost one in ten (8%) say ...

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 Adviser / Broking

COVER Women in Protection and Health Awards 2027 open for nomination

COVER Women in Protection and Health Awards 2027 open for nomination

Deadline 12 November, 2026

COVER
clock 14 October 2026 • 1 min read
SM Advice adds AI visibility and authority audit service

SM Advice adds AI visibility and authority audit service

AI search visibility and practical steps

Jaskeet Briah
clock 29 September 2026 • 1 min read
CII launches Voices

CII launches Voices

New research community

Sophia Panayi
clock 25 September 2026 • 1 min read