Consumers misjudging product risk levels

Scott Sinclair

An alarmingly high number of consumers do not know how to risk-rate standard financial products, such as equity ISAs and with-profits bonds, research suggests.

According to a study conducted on behalf of the FSA, 26% of more than 2,064 individuals did not know whether to categorise equity ISAs as low, medium or high risk. Three in ten did not know how ...

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