Axa Wealth: Most young professionals lack investment strategy

clock

More than half of young professionals have no idea where to invest their savings, according to AXA's latest Big Money Index.

The index revealed 55% of this demographic lacked a clear investment strategy, despite having "the biggest scope for wealth creation", according to Axa's head of retirement planning Andy Zanelli. Zanelli said the results of the survey highlight significant opportunities for financial advisers . He said: "For advisers the opportunity is evident. Given that it is young professionals who are most in the dark, advisers need to think carefully about how they engage with them. "The relationship that develops would diversify the adviser client base and can be highly valuable as advisers t...

To continue reading this article...

Join Professional Adviser for free

  • 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

Join

 

Already a Professional Adviser member?

Login

More on Investment

US-Iran truce eases inflation picture but markets to experience 'hangover'

US-Iran truce eases inflation picture but markets to experience 'hangover'

Fed and BoE face 'balancing act'

Michael Nelson
clock 15 June 2026 • 3 min read
FCA takes civil action against Neil Woodford and W4.0 for 'operating without authorisation'

FCA takes civil action against Neil Woodford and W4.0 for 'operating without authorisation'

Accused of breaching FSMA

Michael Nelson
clock 08 June 2026 • 2 min read
M&G's PruFund coming to Scottish Widows Platform

M&G's PruFund coming to Scottish Widows Platform

First third-party platform launch

Jen Frost
clock 08 June 2026 • 2 min read