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Why are the British so reluctant to invest?

Financial Times LogoFinancial Times3d ago

Why are the British so reluctant to invest? - Financial Times

Quick Summary:

A survey by investment platform Interactive Investor showed that a fifth of people had concerns over losing money, while 12 per cent pointed to fears of market volatility.

A £1,000 investment in the iShares 100 UK Equity index fund 10 years ago would now be worth £1,851, compared with £1,137 generated by the average cash Isa, according to investment site AJ Bell.8.“It’s an inherent cultural issue,” said Tom Selby, director of public policy at AJ Bell.“People are attracted to the perceived safety of cash.

Sarah Coles, head of personal finance at Hargreaves Lansdown, said that “since starting the nudges, we’ve seen a great response from clients who are investing their cash into collective investments — where over the long term it has a far better chance of beating inflation.


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Article Details

Author / Journalist: Emma Dunkley

Category: MarketsFinanceInvesting

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-04 @ 04:00:33 (3 days ago)

News Timezone: GMT -5:00

News Source URL: ft.com

Language: English

Article Length: 1498 words

Reading Time: 9 minutes read

Sentences: 55 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Financial Times

News ID: 22916792

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About Financial Times

Financial Times Logo

Main Topics: MarketsFinanceInvesting

Official Website: ft.com

Update Frequency: 16 posts per day

Year Established: 1888

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #3

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