Investor confidence has plummeted significantly as a result of the recent credit crunch and ongoing market volatility, Standard Life research shows.
According to Standard Life’s latest Savings & Investment Index, confidence has fallen from 20 to 11 points, matching the previous all time low recorded when research first began in July 2005. Own property investment sentiment has fallen sharply, from an all time high of 62 points in October last year to just 24 points today. It is still the most popular class, but the gap has narrowed to basic savings categories such as cash and short term deposits at 20 points. Buy to let property confidence has dipped more significantly, sinking from 23 points in July to 0. Stocks and shares are n...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes
