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Group campaigns for effective debt management and saving schemes

- Tuesday, 26 January 2010

A new consumer action group is calling for the government to support debt management and those who are making a commitment to saving.

The Save our Savers group was launched in a bid to encourage policymakers to recognise the importance of saving, and do more for those who have made a commitment towards supporting themselves.

According to the group, 47 per cent of people are looking to current or future governments to do more to encourage saving.

Founder of Save our Savers, the Reverend John Strain, said: "Savers have been far off the political radar for decades now, but the disregard for the plight of savers has shattered public trust in the policymakers."

The latest Nielsen-British Retail Consortium consumer confidence survey reveals that 69 per cent of people plan to put any left over money towards improving their personal finances.

Four out of ten people are increasing their savings, while 29 per cent are using it to pay off debt.ADNFCR-2258-ID-19577993-ADNFCR

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