A survey carried out by Standard Life shows that financial confidence is higher now than it was four months ago, despite recent bad news in the banking sector and volatility on the stock markets.

The average score edged up from 65.8 in September to 66.4 in December. The survey was carried out among just over 1,000 people.

Most people have lost faith in buy-to-let property as an investment, with 56% saying this was a bad or very bad time to invest. This is up from 43% in September.

But attitudes to pensions are holding up well, with 73% saying it is a good or very good time to invest in a pension. This is down slightly, however, from 77% in September.