Research by Prudential has revealed that 72 per cent of financial advisers are anticipating a rise in the number of consumers looking to invest in equities in the next year.
However, Independent Financial Advisers (IFAs) have predicted that Britons will be cautious in their approach towards investing following the economic downturn.
In fact, 73 per cent of IFAs expect customers to invest in cautious managed growth funds, while 55 per cent anticipate Britons to put their money into absolute return funds .
Andy Brown, Prudential's director of investment funds, revealed that he was unsurprised by the outcome of the report because of the "ongoing poor rate of return for cash-based savings ".
He added: "We share the views of the IFAs surveyed and believe that good fund managers and balanced portfolios will do well in 2010 and beyond as investors look to build portfolios to deliver both performance and greater security."
Meanwhile, Prudential recently warned Britons that basic state pensions may not provide them with sufficient income to enjoy a comfortable retirement .
Prudential report predicts increase in equities investments
Prudential report predicts increase in equities investments
Thu, 04 Feb 2010
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