Inertia costs UK consumers plenty says Virgin One Account

Professional Adviser
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Apathy towards financial services is costing Britons millions of pounds each year with nearly a thir...

Apathy towards financial services is costing Britons millions of pounds each year with nearly a third admitting they cannot be bothered to change to better deals, according to research revealed by Virgin. The "Inertia Index", which canvases the views of over 1,000 adults across the UK, shows that while 39% of people believe their money would work harder if they changed accounts, nearly 20% never considered they would be better off elsewhere. Staggeringly however is that of the people who realised they were able to get a better interest rate savings elsewhere, an overwhelming 7...

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