However, part of respondents aged 25 to 34 reduced their pension contributions during the lockdown, in contrast to people over 45 who tried to keep their existing contributions at the same level.
The biggest financial problem for British people during the lockdown was the inability to economize wisely. The second financial problem, according to survey authors, is fear of economy instability and inability to pay bills.
“Little can be said about living in isolation, but there is one joy in the fact that most of us have used this time to analyze our finances. Our next goal is to make this one-time review an annual habit,” commented Alistair McQueen, Head of Savings and Retirement at Aviva.
Photos are from open sources.
