Fifth of public say credit crunch a 'media myth'

The survey conducted across the UK revealed 36% of respondents think they will not be affected by the credit crunch in any way, while just 29% have reviewed finances in light of the current turmoil. It also found purchasing life insurance was a low priority for respondents in the 45 to 54 year old bracket, as well as with single people in the current climate. More than half of those questioned (52%) still consider property to be a good investment despite worrying data, while owning a home is the main priority for those aged 45 to 54 and people over 55. The main priority for 18 to 24 year...