A new survey has found that people are more interested in the safety of their investments than returns.
The poll by the Fair Investment Company discovered that 61 per cent of respondents saw safety as the priority, meaning they are more cautious than they were six months ago.
Nick Scarrett, head of pensions and investments at the Fair Investment Company, believes that, having seen the collapse of banks and financial institutions so recently, investors are less willing to take risks.
He added: "Investors are more realistic, they are just looking for secure returns in excess of inflation. No one is looking for the market leading rates anymore.
"Where in the past an investor who had say £250,000 may have put their cash in one or two places, they may now decide to put £50,000 with five separate institutions to guarantee the safety of their cash should any of the institutions go under."
Skipton Financial Services recently warned that investors were not getting enough support from financial advisers .
Investment safety more important than returns
Investment safety more important than returns
Tue, 11 May 2010
Recommended links
Find the best place to invest your moneyInvesetments enquiry form
Low risk investment options
Examples of low risk investments
Fidelity investment given AA rating
Guaranteed returns from new Santander investment products
Mixed investment news from budget, claims expert
M&G investments reveal returns for Cautious Multi Asset Fund
| Stocks & Shares news |
|---|
| Investors happy to make own decisions but lack SIPP knowledge, survey finds - Tue, 05 Apr 2011 |
| Investors put off switching Isas by low rates and fear of mistakes - Thu, 31 Mar 2011 |
| Investors shunning banks when taking out an Isa - Tue, 22 Mar 2011 |
| More News |
