'More money does not equal better financial wellbeing' - IFW conference 2020

Virtual conference

Sophie King
clock • 1 min read

Having more money does not automatically equate to better "financial wellbeing", according to Aegon managing director, digital solutions Mark Till.

Speaking at the Initiative for Financial Wellbeing (IFW) virtual conference today (22 September), Till spoke about how advisers can better understand financial wellbeing, which he argued can be better understood with insights and data. He told delegates that higher levels of earning are not directly correlated to higher levels of financial wellbeing, highlighting that it can be those with medium pay brackets that hold better financial happiness.  Instead, he explained that what is key is 'cutting your cloth' to match your earnings to find financial wellbeing. Till suggested advisers h...

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