Interest in financial advice, protection up due to pandemic

Zurich research

John Brazier
clock • 1 min read

Around one in five people in UK considering financial advice or taking protection cover due to Covid-19

According to Zurich's research, conducted in May this year, the pandemic has caused people to revaluate how they manage and spend their money, with a greater focus on saving, being more mindful of spending and preparing for the unforeseen. While 51% are now prioristing savings to prepare for unexpected events or loss of income, around one-third (32%) are taking action by increasing the amount they are setting aside. Meanwhile, around one in five people (19%) are considering seeking professional advice on their finances, with the same percentage of people thinking about taking out prot...

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 2026: Open for nominations

COVER Women in Protection and Health Awards 2026: Open for nominations

Deadline 14 November

COVER
clock 16 October 2025 • 1 min read
LifeSearch partners on SME financial planning

LifeSearch partners on SME financial planning

Access to life cover and business protection

Jaskeet Briah
clock 16 October 2025 • 2 min read
Access FS creates Equality Council

Access FS creates Equality Council

Supports equitable opportunities for staff and advisers

Jaskeet Briah
clock 14 October 2025 • 1 min read