Financial Services Press Releases

10 press releases. Showing 1 to 5.

Greenwash risk for ethical finance companies - 6 in 10 Brits see green and ethical claims as a PR stunt

Acting on their social, environmental and ethical concerns has become second nature for the majority of Brits, but new research from Mintel finds when it comes to finance, cynicism prevails and most consumers feel green and ethical claims in finance are nothing but spin. Indeed, today, nearly two thirds (60%) of Brits believe green and ethical “talk” by finance companies is a PR stunt.

However, while greenwash is a big consumer concern, it appears consumers themselves have made little effort to check out the claims made by firms. As many as two thirds (65%) of Brits admit that they have ...

Four in five consumers won’t tolerate a monthly debit card fee

Chicago (December 7, 2011)—Consumers are quickly becoming fed up with banking fees. If your financial institution began charging $2/month for the convenience of having a debit card with your checking account, what would you do? Recent research from Mintel Comperemedia found that only 19% of consumers would pay the fee and continue to use the card, while 56% said they would use another payment method instead.

Not surprisingly, consumer sentiment about bank fees doesn’t seem to be subsiding. Almost a quarter of those surveyed (24%) reported that they would switch banks over a $2/month fee. Moreover ...

25 Stocking Stuffers from Mintel

Chicago (December 7, 2011)—With the holiday season in full swing, we’ve looked into our market intelligence to find out just what US consumers do to make their holidays special. Some just might surprise you…

Don’t forget, we are here throughout the holiday season (on press@mintel.com) to help you with any other research you might need. We hope your holidays are happy and look forward to our continued partnership in 2012!

Gifts, Cards & Decorations

• Some 13% of US consumers think a cell phone is a good gift for children aged 6-11, up from just 4% earlier ...

Consumers predict over half a decade of austerity as the ‘feelgood factor’ fails to make a comeback

When asked when the “feelgood factor” will return to the economy, one in five British consumers (22%) think it will be between one and two years - and a massive 42% that it will take longer than two years. Just 2% consumers feel that the feelgood factor is already here, and only 4% believe that it will return within the next six months.

Toby Clark, Head of UK Financial Services Research at Mintel, said:

“For a few months in spring, people seemed a little more upbeat. But this apparent spring bounce in confidence has faded. Consumers have drifted back into the ...

Budgeting makes a comeback for the newly prudent consumer

With stagnating house prices, bleak unemployment data and a Eurozone in crisis, it’s no surprise that consumers have continued to re-assess their approach to the way they manage their finances. Indeed, according to new research from Mintel, the tough economic climate has prompted almost half (45%) of the population to change their attitudes towards borrowing money.

It seems that the economic climate has created a new breed of prudent consumer with a return to the traditional virtues of budgeting and sound financial management. Mintel’s research highlights that almost two fifths (38%) of the population can be described as ...