Political and economic uncertainty has led to a quarter (23%) of Britons more likely to put money into cash over investments than they were previously, according to a new report.
One in ten (11%) of those aged between 55 and 65 told Standard Life they are more likely to take money out of their pension as a result of political uncertainty, while one in five (19%) said they are considering delaying their retirement.
Over four in five (83%) of Britons surveyed said the world feels more uncertain than it did a few years ago, with three in five (59%) saying they feel less confident about their future finances due to changes happening in the UK.
Cost pressures were cited by many, with 94% saying they are at least somewhat worried about inflation and rising prices, while 91% cited concerns around energy costs. Meanwhile, an additional eight in ten (83%) said they are worried about potential tax rises, and concerns also remain around interest rate increases (68%) and trade tariffs (65%).
However, the uncertainty had prompted some individuals into taking positive action.
Almost half (48%) said they are more likely to build up additional savings, and one in five (18%) are considering seeking financial advice to help them navigate an increasingly complex financial landscape.
Ipsos surveyed 6,000 Britons on behalf of Standard Life in June 2025. Participants were aged 18-80 and were a mix of working, unemployed and retired people. Quotas and weights were used to ensure the respondents were representative of the UK general population on age, gender and region.