Tackling the disability investment gap for consumers

Many disabled people think 'investing is not for people like me'

clock • 3 min read

Many disabled people are facing barriers to participation in the traditional investing and savings industry, writes Bev Shah

As the cost-of-living crisis deepens, we have found ourselves standing on the edge of a recession that the Bank of England predicts will last well into 2024, topped off by double-digit inflation. Some groups will be disproportionately impacted by the real-terms drop in income, higher mortgage costs and unemployment, notably those with the most complicated life circumstances. Disabled people in the UK make up 21% of the working population and more than 40% of pension age. Changing demographics, longer lives but increasing chronic conditions mean this number will rise. Having t...

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

Advisers who look to psychographic traits can go the 'extra mile'

Advisers who look to psychographic traits can go the 'extra mile'

‘Fast growing advice firms are considering client behaviours and values’

Isabel Baxter
clock 12 July 2024 • 1 min read
The Adviser Incubator: Meet graduate Rebecca Penny

The Adviser Incubator: Meet graduate Rebecca Penny

An inside look at The Verve Foundation’s programme

Hope Coumbe
clock 12 July 2024 • 6 min read
Court date set for 'finfluencers' following FCA crackdown

Court date set for 'finfluencers' following FCA crackdown

Trials have been scheduled after the FCA charged nine individuals

Sahar Nazir
clock 12 July 2024 • 1 min read