Life under lockdown is asking questions of us all, not least concerning the state of our finances and financial plans. We look at some of the key considerations.
Spring-clean your finances while you're in Lockdown
Naturally, during lockdown many people are concerned about their finances; perhaps because they've been furloughed on 80% of their income (often less for higher earners), or they may be worried about the possibility of losing their job. Alternatively, they could be a business owner whose income stream has dried up. If you find yourself in any of these categories, then before you panic, take a deep breath and follow the advice of a good financial adviser, which would be to review your current financial position and future plans.
* Source: ABI 2020