As financial wellbeing becomes a greater consideration for more clients and financial advisers alike, Stephen Little speaks to a numbers of advisers and other voices to see what it really means and how it can be further integrated into the planning process...
Mental health has become a growing concern in recent years and as a result financial wellbeing is increasingly being seen as more important by advisers. Financial wellbeing is about feeling comfortable, secure and at ease with your finances. One of the reasons financial wellbeing is so important is because it plays a significant part in a person's overall wellbeing. Money-related worries can seriously impact a person's health, contributing to mental health worries, increased stress and depression. The impact of the Covid-19 pandemic on people's personal finances has also highlighte...
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