News in Review Wednesday 5th January 2022

As wages stagnate, and energy bills and taxes rise, the latest quarterly Labour Market Outlook released by the Resolution Foundation has warned that millions of families face a ‘year of the squeeze’ in 2022, potentially leaving the average household £1,200 worse off. The expected rise in the energy price cap and National Insurance contributions in April are key contributors, culminating in what the report calls an overnight ‘cost of living catastrophe.’

HCR Independent Financial Advisers Limited is registered in England and Wales. Company number 04463931

Registered address: 2 Crown Buildings, The Green, Chingford, London E4 7EX

Trading address: Suite 5 First Floor, Foremost House, Radford Way, Billericay, Essex CM12 0BT

Authorised and regulated by the Financial Conduct Authority under reference 216219

The guidance and/or advice contained within the website is subject to the UK regulatory regime and is therefore primarily targeted to customers in the UK.

Not all products and services offered are regulated by the FCA. For further information and to check each firm’s registration details, please visit the FCA using the link below.

The Financial Conduct Authority is the main regulatory body for the financial services, general insurance and healthcare industries http://www.fca.org.uk/

The Financial Ombudsman Service provides consumers with a free, independent service for resolving disputes with financial firms http://www.financial-ombudsman.org.uk/

If you have any questions relating to the information contained in this page, please contact us at enquiries@hcrifa.co.uk

Should you wish to make a complaint about any aspect of the service we provide to you, you can do this by writing to enquiries@hcrifa.co.uk or by telephoning us on 01277 824744 where we will try to resolve your concern at the earliest time possible. A summary of our internal complaints handing procedures for the reasonable and prompt handling of complaints is available on request and if you cannot settle your complaint with us, you may be entitled to refer it to the Financial Ombudsman Service at www.financialombudsman.org.uk or by contacting them on 0800 023 4567

News in Review Wednesday 5th January 2022

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