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Industry Voice: ‘Financial Lives’ – are there communications for cost savings and investment?

Industry Voice: ‘Financial Lives’ – are there communications for cost savings and investment?

The FCA’s latest ‘Financial everyday lives’ study report provides an insight that is deep the ‘state associated with the country’ and that which we could do as a market to go the dial.

  • Gillian Hepburn, Intermediary Options Director, Schroders

Pre pandemic, the FCA carried out its Financial Lives that is second study. This survey of British customers provides information regarding customers’ attitudes towards handling their cash, the financial loans they have actually and their experiences of engaging with monetary solutions businesses.

A vital concern that this study seeks to resolve is exactly how many British adults have actually low resilience that is financial. As an element of this, the study talks about just how many grownups show traits of vulnerability which pertains to illness, a life occasion, low resilience or low ability.

A update that is recent this report [1] includes a follow through conducted taking a look at exactly exactly how customers had coped aided by the economic impact of this pandemic. Continue reading Industry Voice: ‘Financial Lives’ – are there communications for cost savings and investment?