According to the Legal and General MoneyMood survey, the people of the UK are changing their habits regarding saving.
Compared with this time last year there are around 6 percent more people saving money now. It appears that consumers are, generally, not spending as much of their money as they once were, preferring instead to build up a buffer should they need the cash for more important things in the future. People are still going out and spending their money, just not quite as much as they used to be.
As a Legal and General savings spokeswoman said, it is good that consumers are managing to change their habits, ensuring they have some money put to one side whilst still being able to enjoy themselves.
The latest Tesco Finance report on green activity shows that 53 percent of homeowners were driven by the chance to save money when it came to assessing energy efficient improvements in their homes.
Rising fuel costs have also driven around 54 percent of respondents to change aspects of their home to make them more eco friendly said Tesco Finance. Money is not the only driver though as some 56 percent of people said their concerns regarding the environment had influenced their decisions to some extent.
With so many demands on consumers pockets now and seemingly getting worse by the day it is no surprise to see people seeking ways to save money said a Tesco Finance spokesperson. The fact that these changes can also help the environment is an additional benefit for everyone.
Zurich Insurance has expanded the number of funds it offers to investors, aiming to give more options to better suit customer requirements.
Eighteen new Sterling Bonds have been introduced as well as 22 Sterling Mutual Funds. The combination of options now allows investors to choose from a much wider variety of asset families. Zurich Insurance customers will be able to structure a portfolio that best meets their needs and risk profile, meaning less compromise.
A Zurich Insurance spokesman said that these new multi-manager funds will be most appealing to investors looking for a diverse portfolio and seeking to rate their options on the underlying approach to risk.