Third of Brits 'financial fantasists'

The survey has found that 55% of people surveyed have not made any financial plans for their future and 39% who have plans have only planned as far ahead as five years. More than a third of people worry about their finances but do nothing about it. John Stewart, director of PMI Independent Financial Advisers, says people are not making plans because they are losing trust in the financial services industry. He says: “Looking at the press, there is never positive news on pensions, when there should be. We don’t get good news now, we only get bad.” Stewart also says we live in a consum...