Around 50% of UK investors are not planning to use their Isa allowance this year, according to resea...
Around 50% of UK investors are not planning to use their Isa allowance this year, according to research from the AITC.
A loss of confidence in equities has made property the private investor's first choice in 2003, with 53% tipping property to outperform equities and only 9% believing equities will be the better performers.
Of investors who do plan to use all or part of their allowance, 61% will invest in cash Isas, compared to just 26% planning to invest in equity Isas. Of the latter, 14% favour investment trusts while 12% would use unit trusts.
Some 52% of those surveyed took the view investing in property is a better way of saving over the long term than traditional savings and investment products. Of these, 33% believe the housing market is a safer place to withstand an economic downturn.
James Anderson, manager of the Scottish Mortgage & Trust, said buying shares in a well managed, globally diversified investment trust gives savers more broadly-based access to economic growth than property as it allows participation in individual companies' earnings growth.
Slow progress in improving diversity
Share purchase deal with assets of £28m
Came into effect in January
Three examples of compensation rule issues
Buying in baskets