'More money does not equal better financial wellbeing' - IFW conference 2020

Virtual conference

Sophie King
clock • 1 min read

Having more money does not automatically equate to better "financial wellbeing", according to Aegon managing director, digital solutions Mark Till.

Speaking at the Initiative for Financial Wellbeing (IFW) virtual conference today (22 September), Till spoke about how advisers can better understand financial wellbeing, which he argued can be better understood with insights and data. He told delegates that higher levels of earning are not directly correlated to higher levels of financial wellbeing, highlighting that it can be those with medium pay brackets that hold better financial happiness.  Instead, he explained that what is key is 'cutting your cloth' to match your earnings to find financial wellbeing. Till suggested advisers h...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

FCA non-financial misconduct scrutiny puts pressure on advisers to confront culture

FCA non-financial misconduct scrutiny puts pressure on advisers to confront culture

Macfarlanes warns advice firms to prioritise misconduct and whistleblowing frameworks

Sahar Nazir
clock 13 May 2025 • 2 min read
PA360 2025: The day in pictures

PA360 2025: The day in pictures

Professional Adviser's flagship conference returned to London this month

Professional Adviser
clock 13 May 2025 • 1 min read
Why it's time for the adviser community to take some advice of its own

Why it's time for the adviser community to take some advice of its own

'We have to bring about positive change through ever-closer collaboration'

Cara Robinson
clock 13 May 2025 • 4 min read