Bank manager not seen by Brits in over ten years

December 7, 2007 by admin  
Filed under News, News-Banking

Over half of Brits have confessed they have not seen their bank manager in more than a decade, according to new research from Lloyds TSB.

The survey showed that one in ten respondents were too embarrassed to discuss money matters.

Another one in ten did not think their financial aspirations would be taken seriously while a third were put off discussing their money concerns by a fear of financial jargon.

Liz Hogbin, director of savings and investments at Lloyds TSB, said: “We service our cars, have regular hair cuts and visit the doctor if we have any health concerns but many of us admit that we don’t take such good care of our finances.”

She added that a regular financial health check could put minds at rest and ensure consumers made the most of their money.

Just over a third of respondents had paid a visit to their bank manager in the last two years despite over half of them recognising that their financial situations had changed in that time.

Research was conducted by Ciao among 1,024 consumers between 16th and 24th November 2007.

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