Plans to revamp how risk warnings are delivered to retail investors to improve the UK's personal investment rate have been detailed in a report commissioned by chancellor Rachel Reeves.
As part of the Risk Warning Review launched by the chancellor, the Supporting a New Retail Investment Culture report is aimed at helping financial services firms to present risk information in a "balanced and contextual way", reflecting appropriate factors such as time horizon, diversification and comparisons to cash or other alternatives to promote economic growth. Drawing on extensive evidence from the Investment Association (IA), the FCA and the wider investment industry, as well as testing by The Wisdom Council and Boring Money, the report said by reframing "warnings" as supportive r...
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