Financial Capability Baseline Survey, 2005

UKDA study number:5697

Principal Investigator

Financial Services Authority

Data Collector

British Market Research Bureau

Sponsor

Financial Services Authority

Distributed by

UK Data Archive, University of Essex, Colchester.

August 2007

Bibliographic Citation

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Financial Services Authority, Financial Capability Baseline Survey, 2005 [computer file]. Colchester, Essex: UK Data Archive [distributor], August 2007. SN: 5697.

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Copyright:
Crown copyright material is reproduced with the permission of the Controller of HMSO and the Queens Printer for Scotland

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5697 . Financial Capability Baseline Survey, 2005

Depositor:

Financial Services Authority

Principal Investigator:

Financial Services Authority

Data Collector:

British Market Research Bureau

Sponsor:

Financial Services Authority

Abstract:

This research study was commissioned by the Financial Services Authority (FSA) to provide a baseline measure of the levels of financial capability in the United Kingdom. The survey was able to identify people's relative strengths and weaknesses across five financial capability 'domains'. Findings from the survey were used to describe the types of people most likely to display higher or lower levels of financial capability and provide a deep insight into consumer financial behaviour and attitudes.

Main Topics:

Topics covered in the questionaire include money management (making ends meet and keeping track of finances), forward planning, financial and product choices, mortgages, insurance and protection, savings, investments, credit cards, loans, financial advice and help, knowledge of money matters, and demographic information.

Coverage:

Dates of Fieldwork: June 2005 - September 2005
Country: United Kingdom
Spatial Units: Government Office Regions (GORs)
Observation Units: Individuals; Families/households
Kind of Data: Numeric data; Individual (micro) level

Universe Sampled:

Location of Units of Observation: National
Population: Adults resident in the United Kingdom during 2005.

Methodology:

Time Dimensions: Cross-sectional (one-time) study
It is hoped the survey may be repeated in future.
Sampling Procedures: Quota sample
Random location quota sample: see methodological report for details.
Number of Units: 5,328 cases.
Method of Data Collection: Face-to-face interview
Weighting: Weighting used. See documentation for details.

Language(s) of Written Materials:

Study Description: English
Study Documentation: English

Access:

Access Conditions: The depositor has specified that registration is required and standard conditions of use apply. The depositor may be informed about usage. See terms and conditions for further information.
Availability: ESDS Access and Preservation, UK Data Archive
Contact: Help desk: help@esds.ac.uk

Date of First Release:

22 August 2007

Copyright:

Crown copyright material is reproduced with the permission of the Controller of HMSO and the Queens Printer for Scotland

File last updated:

22 August 2007