Articles

LV= Wealth and Wellbeing Monitor, February 2022 Edition

3 minutes

Every quarter we survey UK adults, tracking changes to their financial and mental wellbeing. Here we share the results of our February 2022 report.

Our Wealth and Wellbeing Monitor tracks the impact of the pandemic on people's financial and mental wellbeing

Since June 2020 we’ve surveyed 4,000 nationally representative UK adults each quarter. The survey explores a variety of wealth and wellbeing subjects, including changes to finances, plans for retirement and mental health.

Our latest report highlights how inflation is continuing to stretch many people’s finances. Our data shows that people are becoming increasingly anxious about inflation, especially those with limited budgets, such as those on a State Pension.

The report also shows how the pandemic has prompted many people to reflect on their lives, particularly their careers. For some, this led to a complete career shift; choosing a new role because it gives them more job satisfaction or a better work life balance.

Of those surveyed this quarter:

  • 33% said they were worried about rising prices
  • 1 in 4 expect their finances to worsen over the next three months
  • More than 1 in 10 working adults completely changed career during the pandemic

 

We also share insights on:

  • Passing on wealth to future generations
  • Attitudes to investment risk
  • Environmental behaviour and ESG Investments

About this report

LV= surveyed 4,000 nationally representative UK adults via an online omnibus conducted by Opinium in December 2021.

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