A survey by Birmingham Midshires reveals that 22% of Britons face financial ruin because they are no...
A survey by Birmingham Midshires reveals that 22% of Britons face financial ruin because they are not prepared for lifestyle changes or financial emergencies in the future. The survey found that an increase in the cost of childcare, a sudden injury or legal fees may leave families in financial difficulty. An alarming 81% of Britons could not afford to support their families (even for a short period of time) if they were to suffer a loss of earnings and 91% could not afford to care for an elderly relative should the need arise. The guide is being offered by Birmingham Midshi...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes