The fallout from the Covid-19 pandemic caused people to make immediate changes to their investment portfolio
78%
of people made changes to their portfolio when stock markets experienced periods of volatility in February and March 2020
Those who rate their investment knowledge as 'expert', or 'advanced', were more likely to have done so
0%
Beginner / Rudimentary
0%
Intermediate
0%
Expert / Advanced
Even though short-term investment drops don't cause significant worry for most
How people describe their level of worry if their investments drop for a short period of time
The global pandemic means people are thinking about their investments more regularly
Think about their investments once a week
Think about their investments once a month
Think about their investments whenever they receive a statement from their investment provider
Rarely think about their investments
Never think about their investments
People expect there will be a lasting negative economic impact and have lowered their income expectations accordingly
0years
The average length of time that people globally think the negative economic impact of the coronavirus (Covid-19) pandemic will last
People have lower income expectations than in previous years
What is the level of income people would like to receive
What is the level of income people expect to receive
And they desire a medium or high level of financial knowledge, perhaps in the face of economic uncertainty
How much knowledge would people like to have on personal financial matters?
No knowledge at all
A little knowledge
A medium level of knowledge
A high level of knowledge
There are clear opportunities for the state to improve their support in this space
Percentages show who people think should be responsible for providing financial knowledge vs what the source of this knowledge is in reality
Who respondents think should be responsible for ensuring financial knowledge
Primary source of financial knowledge
People themselves
Financial Providers
Independent financial advisers
Education School System
Government Regulator
Family members
Employers