Half of population unwilling to take 'any risk with money'

BlackRock's Investor Pulse Survey 2013 also showed only half of people felt in control of their financial future, with 44% saying the UK economy was their top concern. The research looked at the views of more than 17,000 people in 12 countries and 2,000 specifically in the UK. It showed only 13% spent time reviewing their retirement plans compared to almost two fifths planning a holiday. However, a third spent time reviewing savings and investments which are not specifically linked to retirement. More than two thirds (68%) currently allocate these savings to cash while 78% said the...