Scottish investors save more than the average UK investor according to recent findings which turn the tables on traditional regional savings patterns.
The latest research carried out by Fair Investment Company suggests Scots invest 53% more than the UK average, whilst those in the north save more than southerners in a turnaround from historical trends. "I think it is interesting to see which regions are saving the most, because you would generally expect to see people saving more in the south, where the wages are higher, but our study shows those in the north are generally saving more," says Fair Investment head of investment and pensions Nick Scarrett. According to the data, the average UK investment into funds and ISAs between Jan...
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
