UK investors lack confidence with money as survey reveals gender gap
Millions of Britons lack confidence with investing, survey shows
- Fewer than half (44 per cent) of British people consider themselves confident investors, with a significant gender disparity showing men are much more assured than women.
- A survey by Aviva found that 61 per cent of respondents believe some individuals are “born investors” rather than developing the skill over time.
- Nearly a third (32 per cent) of investors only ventured into the market later in life due to personal interest, and 42 per cent wished they could change past investment decisions.
- Two-thirds (66 per cent) of those surveyed expressed a desire to change their attitude towards investing and build confidence, with this interest peaking among 18 to 24-year-olds.
- Alistair McQueen, head of savings and retirement at Aviva, said that investing confidence is learned over time, suggesting that starting small and simple can help build assurance.
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