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

Stock market crashes – the rational and the emotions

Stock market crashes – the rational and the emotions

'Several characteristics associated with previous pre-crash periods are present today'

Paul Wood
clock 30 September 2026 • 5 min read
Baillie Gifford workforce faces 10% reduction following voluntary exit programme

Baillie Gifford workforce faces 10% reduction following voluntary exit programme

Around 160 roles vacated

clock 23 September 2026 • 1 min read
Nine SJP funds flagged for underperformance in AoV despite improvements on last year

Nine SJP funds flagged for underperformance in AoV despite improvements on last year

89% of assets given green light

Alex Sebastian
clock 22 September 2026 • 2 min read