Finance industry employees 'trying to reduce jargon'

Employees in the finance industry, such as those with accountancy jobs in London, are reportedly trying to cut down on their use of economic jargon to prevent clients from being scared off.

According to a survey from National Savings and Investments (NS&I), 35 per cent of people said they found terms like tax and inflation confusing, while only 58 per cent did not think about tax issues when planning their savings.

Gill Stephens, spokesperson for NS&I, said: "I think the use of terminology does scare people off. People don't seem to be interested in savings enough as it is.

"It tends to be a little bit boring sometimes."

Jobhunters thinking of entering the financial sector could take his advice to restrict the use of jargon to make things simple.

NS&I is the government-backed savings and investments provider.

Witan Jardine can help you find the best Banking Operations & Middle Office jobs in London