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

Clear Employee Benefits joins amii

Clear Employee Benefits joins amii

New intermediary member

Cameron Roberts
clock 05 February 2026 • 1 min read
Stonebridge opens Midlands hub

Stonebridge opens Midlands hub

New Derby base

Cameron Roberts
clock 05 February 2026 • 1 min read
PDG appoints Emma Thomson chair as part of 2026 board changes

PDG appoints Emma Thomson chair as part of 2026 board changes

Emma Thomson named chair

Jaskeet Briah
clock 02 February 2026 • 2 min read