UK consumers have become increasingly cautious about making investment decisions despite holding on to 'rate of return' as the most important factor to consider when investing, according to a survey by Credit Peers.
The survey found two in five (40%) consumers were not willing to take risk with their money, no matter what the returns might be. At the same time almost three quarters (73%) of consumers agreed the rate of return on an investment was very important, ranking higher than any other investment consideration. And not any rate of return, expectations of savings remained high, with almost half (44%) of the 1,000 customers questioned online saying they expected the return on their investments to be between 5-10%. Yet, just 13% of consumers were willing to take risks in order to get the be...
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