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  COMMUNITY ARTICLE

Financially Fit For the Future?


There is potential for digital innovators to create platforms that give customers a holistic view of their financial wellbeing, finds this report from Capita Consulting.

Key points include:
  • Financial stress is estimated to cost the UK economy £121 billion in lost productivity each year
  • According to the FCA, nearly half of UK adults have limited financial knowledge
  • Financial worries prevent 59 percent of UK employees from performing at their best at work
  • Two-thirds of the UK's 45-54 year olds have not prepared for retirement
  • Financial wellbeing goes beyond day-to-day money management











Author

Tim France-Massey
Associate Partner Financial Services
Capita Consulting





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