A third of Brits make financial resolutions for 2007

A third of British people plan to make a financially-related new year’s resolution in 2007, according to F&C Asset Management, but many feel that they are not receiving enough help from the government.

The company’s survey of 1,791 adults found that 44 per cent plan to make a resolution and 43 per cent of these stated it will definitely be related to their money matters, while 36 per cent said that it was a possibility.

Some 63 per cent of the people surveyed by F&C expressed concern that they spend too much and don’t save enough and 70 per cent believed that the government did not do enough to encourage people to save.

Jason Hollands, head of communications at F&C, said: "Financial matters clearly feature high on many people’s radars and the public feel the government needs to do more to encourage them to save.

"However, the good news for those pessimists who doubt their ability to stick to their resolutions beyond the first few months of the year is that some of the most important financial deadlines of 2007 do in fact fall within the first few months, so there is no need to wait until the Budget."

Some such deadlines are January 31st for those people yet to file their 2005-06 tax return and April 5th for consumers planning to utilise their annual Isa allowance.