The Centre for the Modern Family (CMF) is a groundbreaking think tank, set up by Scottish Widows to examine and improve our understanding of UK families in the 21st century. The Changing Face of Families is the first in a series of three reports to be published by the CMF, analysing what the future holds for the UK’s families. Our report will provide you with the latest insight into working families, helping you understand your clients' thinking.
The Changing Face of Families
The next generation of parents are delaying plans to start a family mainly due to affordability concerns, new research from the CMF has revealed:
- Half (50%) of 25-34 year olds are delaying their plans to start a family mainly due to affordability concerns, making this a bigger barrier than career goals (37%) or getting married (42%)
- Almost half (45%) plan to delay starting a family for at least three years
- A further fifth (21%) have debts they want clear before having children.
Read our report
The Report’s findings can help in your discussions with your clients, providing valuable insight to help them make the right financial decisions. Follow the Centre’s updates on twitter or read other reports which will help you gain more insight into your clients’ thoughts on their finances.