Disability and Financial Wellbeing

This project seeks to examine the association between various types of disabilities and financial wellbeing using data from the recent Adult Financial Wellbeing Survey undertaken by the Money and Pension Service. 

The analysis is conducted in collaboration with the Money and Pension Service. The University of Nottingham is a partner institution. The aim of the project is to address the following questions:

The report provides tentative answers to the following questions:

1. What is the extent of variations in financial wellbeing of people with different types of impairments (including physical and cognitive)?
2. How do restrictions imposed by disabilities/long-term conditions interact with financial well-being?
3. Do individual (e.g. gender, age and ethnicity) and household (income, size, housing tenure) characteristics affect the variations in financial well-being of people with disabilities/long-term conditions?
4. Do variations in financial wellbeing of people with disabilities/long-term conditions depend on the regions that they live in?
5. What is the ‘financial wellbeing gap’ between people with and without disabilities?

Funding body

Money and Pension Service (MaPS), which is an arm-length body of the Department of Work and Pension (DWP).