New research from the Prudential has shown that a portion of those making investments do not check to see if they are getting a good return.
Some 22 per cent of those with shares in UK markets which were surveyed by the firm said they never make sure the performance of their investments is worthwhile and 53 per cent only check them every six months or less.
In addition, 65 per cent do not seek out professional advice before making investments in the stock market, causing Prudential to believe that many are not getting the most out of their money.
Trevor Cheal, retirement savings business director for the company, said: "While not everyone is fortunate enough to have spare funds to save or invest, many people do and it is staggering how few are seeking financial advice or looking to capitalise on the growth potential that the stock market has historically offered."
The Share Centre recently commented on supermarket giant Morrison's rise in first-half profits, saying those with investments in the firm could see the value of their shares rise.
Shareholders fail to check investments
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Shareholders fail to check investments
Thu, 17 Sep 2009
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