Opportunity for financial advice has emerged as almost half (44%) of Britons have felt financially unprepared for major life events, according to research from Mattioli Woods.
The research, carried out by YouGov surveying 2,078 UK adults, found the sense of unpreparedness was particularly pronounced among those aged between 45-54. More than half (53%) of people in this age group said they did not feel financially prepared, compared with 32% of those aged 55 and over. Women were also less likely than men to feel financially prepared for the future, with 48% saying they did not feel prepared compared with 40% of men. When presented with a list of major life events, respondents in Scotland (49%), the North West (49%) and Yorkshire (48%) felt the most financ...
To continue reading this article...
Join COVER for free
Signup and gain exclusive members-only insights
- 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.
