Axa Wealth: Most young professionals lack investment strategy

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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...

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