Investors see tax rises that may impact their investments as their biggest financial worry, according to a new survey.
The study by the Association of Investment Companies (AIC) has found that 45 per cent of active investors see it as the biggest threat while 21 per cent of the general public also agree.
Because of this, the organisation has also found that 72 per cent of active investors plan to use their ISA allowance this year, compared to 66 per cent last year.
Annabel Brodie-Smith, communications director at AIC, said: "With a general election on the horizon, it's clear that investors consider the prospect of tax changes to be the biggest threat to their finances .
"It's not surprising that more investors are planning to use their ISA allowance this year to avoid the clutches of the taxman."
In other areas, the survey also found that most British investors are still looking at investing mainly in the UK, although an increasing number are also looking towards emerging market .
India and Brazil have recently been highlighted among the emerging markets expected to perform well over the coming years.
Tax rises seen as biggest threat to investments
Tax rises seen as biggest threat to investments
Tue, 23 Mar 2010
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