Latest research

Nearly half (48%) of all young adults (18-34 age brackets) said a lack of disposable income affected their ability to save. Three quarters of 18-24 and 63% of 25-34 year olds cut on spending in order to save. Almost four in five (79%) of those with savings admitted to having to dip into their savings to cover their day-to-day living expenses. New research by NS&I has revealed that nearly one in four people in the UK (23%) have no savings at all. This comes despite 77% of people saying…

During the financial crisis, the UK government stepped in to nationalise some of the country's biggest banks; coming onto the public sector’s books, they joined a retail savings bank set up by the Treasury over 150 years ago. Matt Ross meets Ian Ackerley, chief executive of NS&I. Image courtesy: Brenna Duncan.

The latest edition of NS&I’s Financial Advice Barometer shows that security remains the top priority for advisers’ clients. 42% of respondents chose this option in the October 2018 survey.

Since becoming NS&I Chief Executive in 2017, I have often been asked what most attracted me to the organisation. My answer has always been simple.

During Talk Money Week 2018, our CEO, Ian Ackerley, reflects on why talking about money is important and can help us improve our finances and reduce stresses associated with money worries.

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.

NS&I’s latest Financial Advice Barometer shows that 70% of financial advisers are willing to advise on investment portfolios of £50,000 or less.

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.

91% of advisers are currently either ‘very confident’ (40%) or ‘fairly confident’ (51%) about the future prospects for the financial advice industry.