Student account research 'can be done online'

Students considering their financial options can conduct research on the internet.

Researching personal finance options such as student accounts can often be done by consumers from the comfort of their own home.

That is according to Justin Modray of online resource Candid Money, who believes all individuals should take the time to weigh up their options when it comes to such decisions.

Mr Modray explained that the "obvious route" of discussing these products with a financial advisor can often prove too costly for many people, while some professionals in this field may not be as independent as they claim.

"For more straightforward products such as savings accounts, credit cards and mortgages it's not too difficult to do your own research," he noted.

The expert went on to state that the internet represents a "great resource" for many monetary matters.

Recently, the Financial Services Consumer Panel revealed that many Britons find the process of signing up for the best personal finance options for them both stressful and unrewarding.

By Emma North