Standard Life launches Saving and Investment Index

The Index will question a minimum of 1,500 people each quarter to create a “mood of the people” survey, and provide a measure of savings intentions and relative preferences for different savings products. It will be presented as a graph showing consumer confidence in a range of different types of investment, together with a mood chart reflecting attitudes to saving generally. It will also highlight asset allocation preferences to indicate how the nation intends to close the savings gap. Trevor Matthews, chief executive of life and pensions UK & Europe at Standard Life, says: “We ar...