Creating stability in an age of conflict and difference

Creating stability in an age of conflict and difference

Jul 10 2024  |  Jeremy Beament, nudge, Manon Coudert, AXA Group, Kevin Bagdon, Latham & Watkins

In 2024, 40 government elections will impact over 50% of the world’s population and 60% of global GDP. Combine this with global conflicts, we are not only faced with instability but also divided perspectives. And this is impacting people’s financial wellbeing, with 46% feeling anxious and 94% prioritising financial security.

Strong financial wellbeing provides stability. Those who are confident in their financial literacy are 4.6x more likely to have a financial plan and achieve their goals.

But levels of literacy are disparate. Only 33% of adults worldwide are financially literate, and there are further divisions at play between location, demographic and profession.

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