Brits save more as optimism increases, Halifax says

Professional Adviser
clock

More people are likely to begin saving, reveals a new survey, as optimism about the stock market has...

More people are likely to begin saving, reveals a new survey, as optimism about the stock market has almost doubled in the last three months. Figures released by Halifax show that 28% of adults indicate they are more likely to save over the next three months, compared with 23% who say they are less likely to save. This suggests a change in attitude of savers, compared with results of the same survey in March, when 29% of Britons said they were less likely to save and 28% said they were more likely to save. Halifax's latest quarterly Savings Survey also indicates an inc...

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

Join

 

Already a Professional Adviser member?

Login

More on uncategorised

Building Society-owned Newcastle Financial Advisers acquires Openwork firm

First of a number of acquisitions

Hannah Godfrey
clock 09 December 2019 • 1 min read

Bond managers fear hedges being undermined as liquidity dries up

The recent sell off in the bond market and growing liquidity issues have forced bond investors to use similar hedging techniques, undermining their effectiveness and causing concerns about how much downside protection funds really have.

Anna Fedorova
clock 03 July 2013 •

Police launch investigation into mortgage middleman fined £1m

West Midlands Police have launched a fraud investigation into a Birmingham financier over his role in sale and rent back agreements.

clock 25 June 2013 •