Less than half of people are very confident with exactly how much money they have across providers
0%
of people are very confident with how much money they have across various financial providers
Those who describe their investment knowledge as expert, or advanced, are much more likely to be very confident with how much money they have
0%
Expert / Advanced
0%
Intermediate
0%
Beginner / Rudimentary
People are generally active when it comes to their personal finances
0%
of people check their investments at least monthly
But they might be considered too active; holding investments for less than the five years that professional guidance generally recommends. They are also making reactive decisions
How long it’s generally recommended you should remain invested in a product
The average length of time that people stay invested with products before moving elsewhere or cashing it in
5years
2.6years
How people responded to a period of market volatility
0%
of people stuck with their initial investment plan
0%
of people made changes to their investment portfolio’s risk profile
And it would appear that people’s activity is not paying off, with over half of them dissatisfied with their investments
0%
of people have not achieved what they wanted with their investments over the past five years
People often blamed themselves for this dissatisfaction
I should have remained invested for
longer
I should have taken my money out
sooner
I didn’t take enough risk
I took too much risk
I made the wrong assessment of what I
needed
I acted on bad advice from someone
else
I acted on bad advice from my financial
adviser
I ignored the advice I was given by my
financial adviser
A lack of satisfaction is further increased by rising income and return expectations
The annual total return (i.e. income and capital growth) people expect to make, each year, from their total investment portfolio over the next five years
2018
2019
And what people want is not much different to what they realistically expect
0%
is the minimum level of income people would like to receive
0%
is the level of income people expect to receive over the next 12 months
Often, people lean towards investing in markets that are familiar to them
People that prefer funds that invest in their home country
People that prefer funds that invest in countries familiar to them
People that think that emerging markets are too risky