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Two-thirds of people 'thinking about money more'

Published on : 23/09/2008

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Two out of three people in the UK are thinking about money matters more than they did last year, according to new research.

Norwich and Peterborough Building Society's (N&P's) study found that the credit crunch has led 57 per cent of people to increasingly consider decisions related to their finances more seriously.

It was also found that 59 per cent of consumers would approach financial advisers for help with money matters, while 21 per cent would talk to relatives about the issues.

Judith Dove, N&P's head of sales for its financial advice service, said professionals can "offer help and advice on a much wider range of areas".

She added: "Everyone should be checking that their life protection needs, pension arrangement, investments and wills are up to date and in the best possible place."

Recent research by GE Money Home Lending found that around three out of four people in the UK are not confident that their pensions will see them through retirement.

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