While losing money is common, with those prone to misplacing things often finding spare change in pockets (66%), bags (37%) and drawers/cupboards (34%), new research from NS&I reveals that 14% of Britons (7 million people) think they may have lost track of a financial product.
NS&I’s latest edition of its Financial Advice Barometer indicates that while security remains the top priority for advisers’ clients (55%), there has been a drop of 10 percentage points, from 14% in January 2018 to 4% in April 2018, in those citing income (regular and consistent returns) as the most important priority.
New research from NS&I reveals that personal finance worries are having a negative impact on the wellbeing of 17 million Britons, with a quarter (26%) revealing that the state of their personal finances has had a negative effect on their mental health.
The latest edition of NS&I’s Financial Advice Barometer shows that twice as many advisers (22%) expect to increase their clients’ cash holdings in the next six months compared to the last time the survey was conducted in October 2016, when the figure was 11%.
Only 36% of people across the UK have a will, with 35% not having yet considered writing one
46% of people have had no conversations about financial wishes in the event of death
59% of people think will-writing should be made easier
The second edition of NS&I’s Financial Advice Barometer reveals that security (protecting assets) has consolidated its position as the most important priority cited by advisers on behalf of their clients in terms of savings and investment options.