L&G releases cost of living financial wellbeing guide

Legal & General Group Protection’s Wellbeing Advisory Board has released a cost of living guide.

The guide features a range of practical tips and signposting from housing, bills, debt and working life to childcare, eldercare, health, leisure activities and financial abuse.

The guide, available as a free download from Legal & General’s financial wellbeing webpage, also includes support for employers in the form of a webinar with some of the Wellbeing Advisory Board members.

The board is a made up of experts across a range of clinical, occupational, vocational rehabilitation and business consulting fields.

The team works together to share cross-sector insights across the priority health and wellbeing issues of today, providing signposting, summaries and lived experience examples.

Legal & General added the goal of the board is to help employees and employers navigate the increasingly complex wellbeing landscape.

Vanessa Sallows, claims and governance director of, Legal & General Group Protection and chairwoman of the Wellbeing Advisory Board, (pictured) said: “Financial wellbeing impacts overall health and wellbeing in many ways, influencing our choices around diet and exercise and even around work and relationships.

“For example, we found recently from research for a series of articles that loneliness is disproportionately affecting the younger generation during the cost of living crisis; income having a bigger role to play for 16 to 34-year-olds, in terms of representing a loneliness risk factor, than for any other age group.

“An appreciation of this kind of joined-up thinking is arguably vital to people keeping well, nipping problems in the bud early and also managing long-term conditions.”

 

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