Almost four in ten investors believe recession poses the biggest threat to their finances, research suggests.
A study by the Association of Investment Companies (AIC) found 37% of those questioned fear a recession with 26% fearing a stock market crash. The AIC says the results reflect the impact the credit crunch is having on the investment community, as recession did not figure among investors’ worries in the same survey last year. Annabel Brodie-Smith, communications director at AIC, says: “The credit crunch and recent market volatility have created a trying time for investors and it has led to a fall in investor confidence. “The biggest financial fear for all investors is a recession and the ...
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