Everyone needs a plan - new research from Life Academy and Standard Life

Everyone needs a plan is a report undertaken by Life Academy and Standard Life. The report, released on 22nd November demonstrates how within two generations, society has changed its values towards savings. It also shows how dealing with money issues and the degree of financial product choice has become more complex.

The report contains interviews from individuals across the generations as well as large and small employers.

It is clear from the report that financial capability, a financial plan and a life plan are essential ingredients for providing the key to wellbeing in life. The integration of these ingredients will lead to financial inclusion, social inclusion and a more cohesive society.

In response to these findings Life Academy has developed a Financial Life Plan template.