Belmont Thornton Logo
PPI Claims - About PPI

PPI Claim News

Loan refunds: 80% of Brits saving

People who are currently seeking out loan refunds may be interested to hear that 80 per cent of Brits are saving.

Research by Standard Life has revealed that although the majority of the population is putting money away, many may not be doing it in the best way possible.

It showed that 49 per cent use a bank or savings account to save, which can have a negative impact on money stowed away because of factors such as inflation.

John Lawson, head of pension policy at the firm, explained that while many people saving is encouraging, choosing to put money in a savings account means that their purchasing power may be impacted negatively.

Speaking about why people are not opting for specific savings products, he said: " Consumers realise a savings account might not get them the best return but they seem to go with what they know.

"Attitude to risk may also be a factor, bank accounts are familiar and regarded as a safe place for your money."

Charles Baker

Charles is a reputed financial analyst with almost decades of experience under his belt.


Bookmark and Share
Tell a Friend
blog comments powered by Disqus

Enquiry Form

First Name 
Last Name 
Mobile Phone
Home Phone
Address Line 1 
Post Code 
Claim Back Mis-Sold PPI Button

Belmont Thornton Limited is regulated by the Claims Management Regulator in respect of regulated claims management activities; our registration is recorded on the website number 18273

Belmont Thornton Limited is incorporated in England and Wales, Company number 6621233, whose head office at Unit B11, Kestrel Court, Harbour Road, Portishead, Bristol, BS20 7AN and registered office at Harwood House, 43 Harwood Road, London, SW6 4QP.

Belmont Thornton Limited is registered with the Information Commissioners Office. Registration number Z1728023.

Please note that calls may be monitored for the purposes of staff training.

* Belmont Thornton operates on a "No Win No Fee" basis. This means that there are no upfront costs to pay. Our fee only becomes payable on a successful outcome of a claim. A cancellation fee is payable if you decide that having instructed Belmont Thornton to act on your behalf, and after 14 days of signing your Letter of Authority, you do not wish to continue pursuing your claim with us. The cancellation fee is the reasonable costs incurred for the work undertaken. Please see our terms of engagement.

By using our web-site, you agree that we can place the types of cookies described in our privacy policy on your device.Hide