More than a third of clients regret taking 'too little' investment risk

Taking too little risk’ is the most common perceived mistake by clients

Sahar Nazir
clock • 1 min read

More than a third (34%) of advised clients said that one of their mistakes over the last 12 months is “taking too little risk” with their finances, according to the Scottish Widows Investor Confidence Barometer.

This was the most common perceived mistake reported by clients and marks a rise of 23% from the previous barometer. This was according to a twice-yearly survey conducted by Censuswide for Scottish Widows Platform between 8 and 18 September 2023. It included responses from 502 advised consumers aged 35-70 with a minimum of £100,000 investible assets, and 502 advisers who have clients, whose firm had assets of less than £500m. Taking too little risk was also the second most common mistake cited by surveyed non-advised investors (28%, up from 25% previously). The survey also revealed ...

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 Your profession

Feel Good Friday: EQ Investors team completes 17.5-mile charity walk

Feel Good Friday: EQ Investors team completes 17.5-mile charity walk

For Carney’s Community

Professional Adviser
clock 02 October 2026 • 1 min read
'Affluent advice gap' sees unadvised individuals sit on £1.61trn amid commission concerns

'Affluent advice gap' sees unadvised individuals sit on £1.61trn amid commission concerns

The Lang Cat research

Jen Frost
clock 01 October 2026 • 3 min read
Succession Alliance launches first profession-wide succession survey

Succession Alliance launches first profession-wide succession survey

Open to people in all roles working in financial planning firms

Sophia Panayi
clock 29 September 2026 • 1 min read