Brits forced to raid savings in order to cope with financial uncertaintyBrits are being forced to raid their savings to get byThe strain of the cost of living crisis combined with ongoing wider economic problems has forced Brits to change both their spending and savings habits in order to remain financially stable. Others chose to bump up their savings, with 23 per cent pooling spare funds either into their cash savings or investment portfolios, while a fifth put more into emergency funds. Yet, many Brits are calling for financial advice to be made more accessible, citing it as overly complex and expensive for them to take advantage of, ultimately widening the advice gap. St James’s Place is calling on both the industry and government to address this problem and allow people to access financial support. Fitzpatrick said: “Greater access to financial advice boosts optimism and financial confidence, and helps people keep on track to meet their savings and investment goals despite the noise around them.