Household savings have sunk to a record low - highlighting fears consumer spending levels are unsustainable in the wake of the Brexit vote.

The Office for National Statistics (ONS) reported the savings ratio sank to its lowest level since records began in 1963 in the final quarter of 2016. At the same time, it measured the sharpest drop in three years in real disposable income - falling 0.4% compared to the previous three months.

It is understood that 1 in 3 people are just one month away from financial disaster. How long could you last without your main salary or wages?

Most employers offer little or no sick pay and the statutory sick pay is so low, it would not support the average home. We can offer you bespoke income protection policies to cover loss of income due to accident and illness and right up to retirement age if necessary. Please call Adrien if you would like to discuss further: 02380601685

With the end of the Government fiscal year fast approaching on the 5th April 2017, you only have a few days to use your 2016-2017 ISA allowance of £15,240. 

The good news is each eligible persons allowance is to rise to £20,000 from the 5th April 2017. So technically if you have not used this years allowance, you could make an ISA terms tax free investment of £35,240 across the two allowances. IE £15,240 now and then £20,000 in a few days or later in the year.