New research by Prudential has shown that one in four people will not be making investments into the stock market any time soon.
Those who have previously put money into the stock market or are eligible to do so responded to a survey by the firm, saying they do not have enough confidence in equities to make investments at the moment.
This is despite the FTSE's 43 per cent boost from a low point of 3.512 in March to more than 5,000 now, which Prudential believes makes it as good a time as any to be investing savings into the stock market.
" Investors often act irrationally and driven by fear they sit out the markets as they begin to recover, missing out on some potentially spectacular gains," Trevor Cheal, retirement savings business director for the company, said.
Saga Services recently claimed that investments into the UK stock market will have seen some positive results over the past few months.
One in four against investments
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One in four against investments
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