Research Highlights Confidence and Education Gap as Key Barriers to Investment Trusts in the UK
A recent study by Invesco indicates that the primary obstacles to investing in investment trusts among UK adults are a lack of confidence and education, rather than access.
A significant finding from Invesco's latest research shows that 19% of UK adults have never heard of investment trusts. This lack of awareness is a critical barrier to investment.
Moreover, the study reveals that 45% of cash savers have made no changes to their financial arrangements since interest rates began to decline in August 2024, indicating a stagnation in financial decision-making.
Additionally, 37% of individuals still rely on friends and family for financial advice, which may not provide the comprehensive guidance needed for effective investing.