Three out of four consumer would take more notice of their financial affairs if they was less jargon...
Three out of four consumer would take more notice of their financial affairs if they was less jargon to try and understand, says a Raising Standards poll.
Research conducted by YouGov for Raising Standards Quality Mark Scheme suggests one in three people (36%) would shop around for better deals more so among young people - if they were able to understand the language used by financial services companies.
One in five of the 2,497 people questioned (21%) also say they would consider saving more money if the information from providers if jargon was cut down while almost one in three (32%) would more comfortable about seeking advice from independent financial advisers, indicates the Raising Standards survey.
Annuity market worth £4bn in 2017
For ‘distress’ caused
Oversees £30bn of advised and D2C assets
Less than a third of top paid employees are women
£1bn business since inception