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Saturday 20th of March 2010

News Tag: poll

March 15, 2010

Young people exploit multiple overdrafts

by David Masters
Young people exploit multiple overdrafts
Young people are risking their financial future by opening multiple current accouts to maximise their access to overdraft facilities, according to a new report. Research by YouGov, on behalf of Callcredit, found that nearly one in ten (9%) 18 to 24 year olds have three or more current accounts in their name with an overdraft available. Of those with more than one bank account, ...



February 17, 2010

Brits in “dangerous habit” of relying on credit

by David Masters
Over 14 million Brits are using credit cards to fund everyday expenses, according to research by moneysupermarket.com. The price comparison site said the reliance on debt to pay for day-to-day purchases is a "worrying trend". Purchasing goods online is the most popular use of credit cards, with 56% of credit card holders using their card for internet shopping. Two in five (40%) credit card holders use their card for day-to-day ...



January 27, 2010

Savvy investors snub financial advisers

by David Masters
Savvy investors snub financial advisers
Two thirds of investors don't bother seeking financial advice before making an investment, according to a new study. In a poll by the Fair Investment Company (FIC), 64% of respondents said they would not seek advice before making a decision about where to invest their money. Just 34% said they would get advice before making an investment. George Ladds, FIC's head of investment and ...



January 13, 2010

Savings were put on hold for Christmas

by David Masters
Savings were put on hold for Christmas
Nationwide's Savings Index for December reveals a decline in the number of people putting money aside into savings accounts. A quarter (25%) of those polled by Nationwide admitted to saving nothing during December, a rise of one percentage point compared to November. Meanwhile, 45% said they currently put money aside regularly into a UK savings account. This is the lowest percentage ...



January 4, 2010

Brits downbeat about economic future

by David Masters
Brits downbeat about economic future
The majority of UK consumers believe the recession will continue for most of 2010, a new study has discovered. Research by Gocompare.com found 52% of Brits think the UK economy will remain in recession for most of the year ahead. A further 29% said the recession will continue until at least 2011. Just 19% expect the economy to come out of recession early this year. Younger ...



December 14, 2009

Christmas spending frenzy calmed by crunch

by David Masters
Christmas spending frenzy calmed by crunch
UK consumers are planning to spend significantly less on Christmas this year, according to new research by uSwitch.com. More than half (56%) of Brits said they will be buying less presents this year. Nearly two thirds (63%) said they will be spending up to £200 less on gifts. A third (32%) of adults said they are cutting back on children's Christmas presents, ...



November 21, 2009

Only 50% of Brits care about investing ethically

by David Masters
Only 50% of Brits care about investing ethically
Only half of Brits would be interested in finding out the ethical credentials of the next financial product they purchase, new research has discovered. The EIRIS (Experts in Responsible Investment Solutions)-commissioned poll found that just 44% of the British public are curious to know whether or not their money is being invested ethically. Of these, a quarter would discard the information ...



November 17, 2009

Investors want to be told about ethical options

by David Masters
Investors want to be told about ethical options
More than a quarter of UK investors think financial advisers should be legally obliged to inform clients about green and ethical investment options. In a YouGov poll of investors, over a quarter of respondents said the government should introduce rules requiring financial advisers to ask investors if they are interested in green and ethical funds. Half of those surveyed said the ...



Informed investors would invest ethically

by David Masters
Informed investors would invest ethically
Two-thirds of investors would choose to invest ethically if they were properly informed about ethical investment opportunities, research by The Co-operative Investments has discovered. Ethical investments currently equate to less than 2% of the overall UK market. However, when ethical investment opportunities are explained to investors, 65% express interest in putting money into an ethical fund. Ethical investment themes most persuasive to investors included the ...



November 10, 2009

Brits profess desire to invest ethically

by David Masters
More than two thirds of the British public consider their outlook on life to be either very or fairly green and ethical, new research has discovered. The YouGov poll, conducted on behalf of National Ethical Investment Week (NEIW), also found that nearly half (49%) of people with savings and investments would like to use their money to make a difference. However, despite the professed good intentions, only 8% ...



November 2, 2009

Most IFAs offer ethical investment advice

by David Masters
Most IFAs offer ethical investment advice
Nearly nine in ten independent financial advisers (IFAs) offer advice on green and ethical investments, a new study has found. Research commissioned by National Ethical Investment Week (NEIW) and the Association of Independent Financial Advisers found 87% of IFAs will offer advice to clients on investing their money ethically. This is compared to 70% of IFAs in 2008. Over a third (34%) of IFAs ...



October 17, 2009

Consumers fuming at banks for financial crisis

by David Masters
Consumers fuming at banks for financial crisis
Nearly two thirds of Brits are still fuming at the banks for having caused the financial crisis, research has found. Three quarters of Brits believe banks are not genuinely sorry for their role in causing the recession, a study by consumer advice group Which? discovered. Three in five of those polled said banks have failed to learn their lesson from the crisis, ...



October 14, 2009

Ethical investments outperform standard funds

by David Masters
Ethical investment portfolios have performed at least as well as other investments, new research has discovered. Nine out of ten wealth managers said ethical funds had performed on a par with, or better than, standard investments. The research was conducted by EIRIS (Experts in Responsible Investment Solutions) to debunk the myth that ethical investments are poor financial performers. Their study found a growing awareness of social and environmental issues among wealth managers. They also ...



October 2, 2009

Landlords cautious of buying during recession

by David Masters
”Landlords
Only a quarter of landlords outside London are planning to increase their property portfolios over the next year, research has discovered. A study by Young's Group found that just 26% of non-London landlords are in the market to purchase extra properties. Tom Entwistle, editor of landlord information site LandlordZONE, said the results of the poll were not surprising given current economic conditions. "There's the ...



September 30, 2009

Blasé Brits forget pension funds

by David Masters
Blasé Brits forget pension funds
UK employees are blasé about their pension fund because they struggle to see how the money saved is relevant to their current life. Research by Baring Asset Management found nearly half (48%) of Britain's workforce have never checked their pension plan since opening the policy. The study corroborates recent findings by Lincoln Financial Group that over two million Brits are unsure where their pension ...



September 24, 2009

Recession knocks £1.3bn off charity donations

by David Masters
”Recession
The amount donated to charities by UK consumers has dropped 11% in the last year, with fewer people giving smaller donations. Brits gave a total of £9.9 billion to charities in 2008/09, according to figures from the Charities Aid Foundation (CAF) and the National Council for Voluntary Organisations (NCVO). This is £1.3 billion less than the amount donated in 2007/08. According to the CAF, ...



September 23, 2009

Over-50s unaware of ISA changes

by David Masters
”Over-50s
Older savers are being kept in the dark as to how much they will be able to invest tax-free when the ISA limit increases for over-50s next month. Research by Saga found just one in twenty of over-50s know what the new ISA limits will be. More than half of those polled were oblivious to any changes happening at all. Saga said its research demonstrates ...



September 17, 2009

Brits back property as best investment

by David Masters
Brits back property as best investment
Nearly half of UK consumers believe that buying property is the best way to invest money. In a study by Scottish Widows, 48% of those polled said investing in property is the best way to maximise returns on hard earned cash. This figure is a significant increase on 12 months ago, when just 28% of those surveyed cited property as the best choice ...



September 16, 2009

Social lives “hit hard” by recession

by David Masters
”Social
Many UK adults have had their social lives "hit hard" by the credit crunch, moneysupermarket.com claimed this week. Two-thirds (65%) of those polled by the price comparison site said they're more likely to stay in since the recession started. Eleven percent said they're holding more house parties such as barbecues and 'Come Dine With Me' style dinners, spending an average of £22 per ...



September 15, 2009

Rents rising but Landlords want more

by David Masters
Rents rising but Landlords want more
The price of renting a home increased 2.2% over the past six months, according to new figures released this week. Buy-to-let advice site Property Hawk said the rise is "good news" for landlords. However, a recent poll by Direct Line found 20% of landlords are worried about their cash flow. A further 29% fear that banks will increase interest rates on buy-to-let loans in ...