A2Risk’s questionnaire was used in the February 2014 study “How do savers think about and respond to risk? Evidence from a population survey and lessons for the investment industry” which was sponsored by Moody’s Analytics and Santander Asset Management.
The key findings of the study are:
- Half the population saves regularly, but only 1 in 3 prioritise long-term saving
- ‘Reckless conservatism’ and boxed-in thinking can lead to savings shortfalls
- Short-term savings edge out long-term wealth plans
- Only 6% of investors said they would tolerate investment losses of more than 20%
- Fund managers need to take more steps to respond to investor risk concerns
- Advisers need to help investors understand risk and savings pots holistically
Contact us at info@a2risk.com