More than a quarter of consumers think they could be losing money due to understanding of financial terminology

More than a quarter (27%) of consumers think they could be losing money due to lack of, or insufficient, understanding of financial terminology, according to recent research from Aviva. The insurer also found that women (30%) are more likely to think financial lingo could be losing them money than men (23%). To understand the saving…

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Half of consumers want urgent help managing their money

Nearly half of consumers(44%) want urgent help in managing their own money, according to a new opinion poll highlighting the dire state of the personal finances of millions of people. The findings come from a poll by Opinium of 4,000 people commissioned by the leading think-tank, the Centre for Social Justice (CSJ), and credit management company…

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Consumers struggle with financial literacy in the wake of the pandemic

Consumers are failing to measure up when it comes to understanding their finances, according to a survey of 24,000 European consumers by credit management group Intrum. While 58 per cent say they want to ensure they are in a stronger financial position before another global crisis, more than a quarter have less visibility of their…

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