UK adults report widespread fear of investing and cite financial literacy barriers
Updated
Updated · Daily Star · Apr 24
UK adults report widespread fear of investing and cite financial literacy barriers
9 articles · Updated · Daily Star · Apr 24
A poll of 2,000 UK adults found 30% rate their financial literacy as 'bad' and 55% see wealth as a barrier to investing, despite 83% having pensions.
Many feel investing is only for the 'super rich', with 58% unaware of their pension investment options and 85% of Gen Z keen to learn more about investing.
Clearer information, simpler tools, and better education are seen as solutions, with underrepresented groups including working-class people and women; some young adults are turning to social media for investment guidance.
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