Investors choosing to ride out stock market moves
3 March 2019
As uncertainty around UK stock market conditions persists, research by Aegon revealed as many as 60% of UK investors are concerned about the impact of the market on their investments, including their pension savings.
Yet, despite this level of uncertainty, 69% of respondents said they are not planning to take any action with their investments, with just 19% of respondents planning to do something and 14% reassessing in order to diversify.
The research also found over three fifths (63%) of investors hadn’t reduced their exposure to equities in the last three months despite a fall in the FTSE 100 and significant outflows from equities over the last quarter.
One in five (21%) of those surveyed said they have or plan to seek financial advice in the next year to consider their investment options.
Nick Dixon, investment director, Aegon, said: “In recent weeks, we’ve seen a number of risk factors impacting global stock markets including evidence that US and China economies are slowing, Brexit uncertainty and ongoing trade wars between the US and China. Political and economic uncertainty has understandably created ongoing concern among investors.
“However, what is evident is that investors are looking through the current situation to the likely longer term impacts and good financial advice can help investors avoid any panic decisions.”
Origo is to launch Unipass Letter of Authority (ULoA) at the end of November, a service aimed at simplifying...
Professional Paraplanner’s publisher, Research in Finance (RiF), is a leading research company in the financial services sector. On occasion our readers...
While the aggregated costs and legacy trail commission regime remains far from perfect, some clarity can be gleaned, says...