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.
National Savings and Investments (NS&I) is today launching the first edition of its new Financial Advice Barometer – a quarterly survey of financial advisers. It finds that 83% of advisers are currently either ‘very confident’ or ‘fairly confident’ about the future prospects for the financial advice industry.
Almost eight in ten people surveyed by National Savings and Investments (NS&I) admitted to spending more money than they might otherwise have done because of being tempted by the prospect of saving money.
NS&I’s latest Quarterly Savings Survey has revealed that the steady rise in savings levels seen over the last year, from 7.42% of income saved in summer 2013 to 8.21% in spring 2014, came to an end in the summer. Britons are now saving 7.63% of their income each month.