Summary
THE speed and scale of the economy's slide into recession has taken everyone by surprise, from the Government to families and individuals alike.
The impacts of the recession are as wide-ranging as they are worrying; from falling interest rates, to battered investment portfolios and pension pots, from lost salaries and falling house prices to difficulties in obtaining a mortgage and credit.See the full content of this document
Extract
Take steps to ensure financial security
Even if you are lucky enough to have escaped the downturn so far, the recessionary climate is likely to have prompted you to consider your financial arrangements. But have you taken any action to date? Recent research according to the latest National Savings and Investments Savings Survey found that the average amount eac...
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