Advice should enable clients to live 'happier, more fulfilled lives'

Incorporating the Financial Wellbeing Index

Ayesha Venkataraman
clock • 2 min read

The objective of the financial planning industry is about both helping clients make the most of the money they’ve got and be happier with the money they have, ultimately enabling them to live happier, more fulfilled lives, advisers heard at PA360 North.

Andy Manson, chief marketing officer at Aegon championed moving away from the "cult of economic growth." He added: "Making the most of the money you have, this is well-tread territory for us as an industry. It's the fundamentals of what we do as an industry. "But it is not enough to deliver financial wellbeing to the clientele. With that comes, from the other side, the mindset building blocks." In order to develop and quantify the concept of financial wellbeing Aegon created the Financial Wellbeing Index, in collaboration with the Initiative for Financial Wellbeing (IFW) and the Un...

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

News editor's view: 40s are the new 50s - a move in the right direction? 

News editor's view: 40s are the new 50s - a move in the right direction? 

The news editor's Friday Night Takeaway from 1 May

Isabel Baxter
clock 01 May 2026 • 3 min read
Feel Good Friday: FOS chooses Dementia UK as charity partner

Feel Good Friday: FOS chooses Dementia UK as charity partner

Will support Dementia UK over the next two years

Professional Adviser
clock 01 May 2026 • 1 min read
Why 50:50 parenting doesn't necessarily mean no child maintenance

Why 50:50 parenting doesn't necessarily mean no child maintenance

'In many cases, one parent will meet a greater share of the children’s financial needs'

Clizia Motterle
clock 01 May 2026 • 4 min read