Almost half of UK investors wished to have spent more time researching their investment but found it too “time-consuming”, or “complicated,” according to research by the Financial Conduct Authority (FCA) and the Financial Services Compensation Scheme (FSCS).
The data, published on Tuesday (17 May), revealed that consumers failed to prioritise researching investments, instead spending time on choosing a holiday (31%), buying a house (26%), doing laundry (24%), buying a car (24%) or checking social media (19%). The research, exploring UK consumers' attitudes to investing, was conducted by OnePoll on behalf of FSCS and the FCA. It surveyed 2,000 UK adults - 740 of which had at least one investment - between 10 and 23 December 2021. The reasons for investing, amongst those surveyed, varied with one in 10 saying they invested because their fri...
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