Financial planning and mental, physical health intrinsically linked: HSBC Life

Advice also plays an important role in good mental and physical wellbeing

John Brazier
clock • 1 min read

Research from HSBC’s insurance business, HSBC Life, has found financial advice has a fundamental link to physical and mental health.

The +Factor study, which surveyed over 3,000 UK adults, found that almost three quarters (72%) of people who review their financial plan at least once a year said they benefit from average or above average mental health. In contrast, half (50%) of respondents that indicated they do not have financial planning said they have below average mental health. Financial advice was also found to play an important role in maintaining positive mental and physical wellbeing, with around three quarters (74%) of respondents that have sought professional financial advice likely to have average or ab...

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