NS&I launches financial health check website

| March 17, 2009 | 0 Comments
NS&I launches financial health check website<br />

National Savings & Investments (NS&I) is launching a new website to help Brits give their finances a health check.

According to the government-backed savings provider, 40% of people in the UK have no long-term financial plan, whilst nearly a fifth (17%) don’t bother to look for advice on managing their money because they find it too confusion.

The Five Questions website is designed to encourage Brits to think about important aspects in their finance management.

Each question is aimed at everyone, regardless of age or financial situation.

“The Five Questions help focus the mind and help people make an honest and straightforward appraisal of their financial situation,” said John Prout, NS&I’s head of customer sales and retention.

He added: “Most people are very familiar with the healthy eating model of ‘five portions daily’.

“We want to encourage a similar mindset about financial planning to ensure people review their finances on a regular basis.”

Nick Cann from the Institute of Financial Planning said the Five Questions will help people take the first step in improving their ‘financial fitness’.

The Five Questions will be launched with a campaign fronted by Sir Alan Sugar, star of The Apprentice.

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