Savers confused over asset allocation - Standard Life

It commissioned a survey by Experian to find out how much people know about asset allocation, and the research reveals the majority of people are confused, with only 15% claiming to know where there savings are invested. According to Standard Life, the findings of the research into asset allocation, which is how a person’s savings and investments are spread according to their risk attitude, supports the development of wrap propositions in the UK to help more people manage their affairs appropriately. Although the survey of over 500 adults shows less than half of people believe their sav...