The price of the pandemic is estimated to be about £400bn with young people feeling particularly burdened. It is advisers' responsibility to reach out to them to demonstrate how financial advice can help – with long-term planning and peace of mind, writes Neil Moles.
The bill for Covid, as it's being called, is currently around the £400bn mark and we're not out of the woods yet. We recently conducted a survey of the UK public to get their feelings on this as we near the end of the third and hopefully final lockdown. We wanted to understand whether the need to recover this deficit has started to sink in with people and, if so, what they think it will mean for them financially. The hope is that the results will inform us as advisers and kick-start some conversations about how we can best support our clients through the next few months. Young to p...
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