This quarter’s survey highlights the impact of the cost of living crisis. We also explore how people’s focus on what is important to them has shifted since the pandemic.
Every quarter we survey 4,000 nationally representative UK adults. The survey explores a variety of wealth and wellbeing subjects, including changes to finances, plans for retirement and mental health.
Our May report highlights how the finances of millions of people are feeling the squeeze of the cost of living crisis. Many consumers have seen sharp increases in their monthly living costs and are having to take measures such as cutting non-essential spending, dipping into savings or taking on debt.
On a more positive note, the report also shows how the last few years have made people more conscious of the things that are more important to them in life. When asked how their focus has changed, many told us that their health, family and work-life balance have become more of a focus.
Of those surveyed this quarter:
LV= surveyed 4,000 nationally representative UK adults via an online omnibus conducted by Opinium in March 2022.
View the February 2022 Edition of the LV= Wealth and Wellbeing report
View the November 2021 Edition of the LV= Wealth and Wellbeing report
View the July 2021 Edition of the LV= Wealth and Wellbeing report
View the April 2021 Edition of the LV= Wealth and Wellbeing report