2026
9
UK Financial Wellness Market Report 2026
2026-07-23T08:02:05+00:00
REP3B9C6FC4_B84A_4435_9C6F_C4B84A3435B5
2195
194936
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Report
en_GB
For years, consumers' financial wellbeing has been shaped by forces outside their control. The cost-of-living crisis, economic uncertainty and rising borrowing costs have left many households focused on surviving the…
UK
Financial Services
simple

UK Financial Wellness Market Report 2026

"As consumers focus on building resilience, providers have an opportunity to become partners in progress, not just providers of information."

Katie Owens-Davies, Financial Services Analyst

Katie Owens-Davies, Financial Services Analyst

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  1. EXECUTIVE SUMMARY

    • What you need to know
    • Outlook for financial wellness
    • Opportunities
    • Scale financial coaching without losing the human touch
    • Position finance as the missing pillar of holistic health
    • Win the mass middle by making action effortless
  2. THE MARKET

    • Economic pressures are eroding financial resilience
    • Graph 1: financial wellbeing and confidence indices, 2019-26
    • Households remain focused on survival over success
    • Graph 2: CPI and average wage rises, 2022-26
    • Open finance unlocks a new era of personalisation
    • Financial wellbeing moves up the policy agenda
    • Regulators step in to strengthen consumer protection
    • FCA takes charge on consumer protection
  3. THE CONSUMER

    • Drivers of financial wellness
    • Restoring financial confidence is an industry priority
    • Identify and target consumers most at risk
    • Graph 3: financial wellbeing by value of cash savings, 2026
    • Help consumers build a financial buffer
    • Consumers split between living for today and planning for tomorrow
    • Expand financial planning beyond life-stage triggers
    • Delivering support for financial wellbeing
    • Own the financial wellbeing conversation
    • On-demand support is changing expectations
    • Graph 4: resources used to find financial wellbeing support, 2026
    • Wellness support must move beyond a tick-box exercise
    • Pair human expertise with always-on AI guidance
    • Remove judgement to unlock engagement
    • Move support from branch-first to feed-first
    • Create early connections with tomorrow’s core customers
    • Prove it’s never too late to take control
    • Inclusion and inclusivity in finance
    • Support the shift from apathy to action
    • Empower women to take control of their finances
    • Lay the foundations for lifelong financial wellbeing
    • Sell financial progress, not financial education
    • Reach underserved consumers through community-led support
    • Financial wellness and personal wellbeing
    • Bring financial wellbeing into the wellness movement
    • Complete the wellbeing picture with cross-sector partnerships
    • Win the next generation with wellbeing benefits
    • Money is wellbeing’s weakest link
    • Grant short-term relief to support long-term stability
    • Workplace wellness support is being overlooked
    • Prevent avoidable losses with wellness outreach
  4. INNOVATION AND MARKETING

    • ChatGPT takes financial guidance beyond budgeting tips
    • The future of financial support is AI-powered
    • Providers race to stake a claim in AI-driven financial support
    • Starling Bank leads consumer-centric innovation
    • Building financial wellbeing one habit at a time
    • Financial providers take action on inclusion gaps
    • Digital innovation strengthens youth financial literacy
  5. APPENDIX

    • Report scope
    • The consumer
    • Consumer research questions
    • Consumer research methodology – EMEA
    • UK generation groups
    • Abbreviations

For years, consumers’ financial wellbeing has been shaped by forces outside their control. The cost-of-living crisis, economic uncertainty and rising borrowing costs have left many households focused on surviving the month rather than planning ahead. While inflation has eased, confidence is still fragile. Rebuilding financial resilience is now one of the most pressing challenges for both consumers and the financial services industry alike.

Unsurprisingly, financial wellbeing has emerged as the weakest link of overall wellbeing, increasingly affecting consumers’ mental and physical health. At the same time, traditional approaches to financial support are being challenged. Consumers today have access to more financial information than ever before through AI tools and social media. What they lack is confidence, security, and a sense of forward momentum. The real opportunity for providers isn’t to add to the noise, it’s to help people make meaningful progress.

As financial health becomes a bigger part of the wider wellness conversation, providers have a chance to move beyond the role of product supplier and become genuine long-term partners. Those that can help consumers turn good intentions into real action, building confidence and resilience along the way, will be best positioned to lead the future of financial wellbeing.

This Report Looks at the Following Areas:

  • How economic uncertainty, rising living costs and regulatory changes are impacting financial wellbeing in the UK
  • What drives consumers’ sense of financial wellbeing, from savings habits to financial planning behaviours
  • How consumers engage with financial wellbeing support, including the growing influence of AI and social media
  • Differences in financial wellbeing and resource engagement across demographic groups
  • The link between financial, physical and mental wellbeing, and the opportunity for cross-sector collaboration
  • Emerging innovations and engagement strategies shaping the future of financial wellbeing support

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