This report is the ninth in a series of annual reports monitoring progress towards financial inclusion in the UK.

According to one definition, a financially inclusive society would be one in which everyone had the ability to:

• manage day-to-day financial transactions (e.g. through appropriate bank accounts);
• meet one-off expenses (both predictable expenses through savings, and unpredictable
  expenses also through savings and/or appropriate credit and insurance products);
• manage a loss of earned income (e.g. through savings, including pension savings);
  avoid/reduce problem debt.

Published in December 2021 by the Friends Provident Foundation and Barrow Cadbury Trust.