Brits demonstrate lack of resolve in 2007 (Consumer)

With the end of January approaching, nearly 4.3 million (27%) of the British adults who began 2007 with a New Year’s resolution will have already let their good intentions slip, according to research* from Unbiased.co.uk, the organisation promoting the benefits of independent financial advice.

The annual New Year’s resolution research shows that:

Of those who aimed to tackle their finances, more than two fifths (43%) planned to curb their spending and budget more. Tackling debt was also a popular aim, with almost two fifths (38%) intended to get out of the red. Just over a third (34%) planned to save for a specific purchase such as a holiday or car, whilst more than one in ten (11%) hope to get a foot on the property ladder.

Karen Barrett, Marketing Director of Unbiased.co.uk, commented, “It is encouraging to see how many people intend to get their finances in order in 2007, however it is all too easy to let good intentions go to waste. Setting manageable goals and seeking the professional independent advice from an IFA could encourage you to persevere with your resolutions and improve your finances.”

At www.unbiased.co.uk/getsaving you can find details of how to get saving straight away and a budget calculator to help you better manage your money throughout 2007. To Find an IFA in your area who can give you expert advice on managing your money, go to www.unbiased.co.uk or call (0800) 085 3250.

-ends-

*Unbiased.co.uk commissioned a YouGov survey of 2,465 GB adults between 27 – 29 September 2006

For further information please contact:

David Elms

Laura Wood/Kate Horne

Chief Executive

Lansons Communications

Unbiased.co.uk

020 7294 3689 / 020 7566 9716

020 7833 3131

 

For expert comment or case studies from over 200 media-friendly IFAs, journalists should call unbiased.co.uk’s Media Services hotline on 020 7294 3682 or search online at www.unbiased.co.uk/media

1.      Independent Financial Adviser Promotion

Unbiased.co.uk is the consumer brand of IFA Promotion, the organisation established in 1989 to promote the value and accessibility of independent financial advice to the public. It represents around 9,000 firms of independent financial advisers across the UK, incorporating over 17,000 registered individuals. These individuals hold over 20,000 incremental qualifications which are each individually verified by the awarding body. IFA Promotion welcomes the prominent display of incremental qualifications and further developments into the credentials of independent financial advice.  

IFA Promotion is sponsored by 31 leading financial institutions, and in the past 12 months, over 600,000 consumers and businesses used unbiased.co.uk to find local independent financial advice.

IFA Promotion believes Independent financial advice should be:

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