Financial goals fall by the wayside 

A poll has found that 57% of adults had money-related goals for 2024, such as reducing debt and wanting more disposable income¹. However, two-thirds (67%) had given up on achieving their financial aims by the end of Q1; 16% said this was due to having unrealistic expectations, and 10% put it down to laziness. 

Retirement clients fear exhausting their savings 

A survey of financial advisers has revealed what clients are most worried about when it comes to retirement. Some 71% of respondents reported that the most common client fear is running out of money². Meanwhile, 64% of advisers cited the cost-of-living crisis as a cause for concern, and 49% mentioned the costs of long-term care. 

Wedding guests have a price to pay 

About 9.5 million Brits have plans to attend a wedding this year³, but the celebrations come at a cost, as research suggests that an average guest spends £398 on a UK wedding. Getting married abroad is becoming increasingly popular, with guests typically expecting to pay about £1,000 each if they attend a destination wedding⁴. 

Gen Z most financially confident 

Younger generations are more confident about their finances, a study has found⁵. In a survey of employees from across the globe, 38% of Gen Z (born between 1997 and 2012) said they were very confident about reaching their financial goals. However, only 23% of Gen Xers (born between 1966 and 1980) felt the same. 

¹NatWest, 2024, ²Aegon, 2024, ³Censuswide, 2024, ⁴Aviva, 2024,⁵nudge, 2024 

The value of investments can go down as well as up and you may not get back the full amount you invested. The past is not a guide to future performance and past performance may not necessarily be repeated.