Investors more confident about financial knowledge than financial future, study finds

"General lack of engagement" in pension planning also identified

clock • 2 min read

Young investors are more confident in their knowledge of investments than their older counterparts, according to research by Schroders.

The firm's 2016 Global Investor Study identified that more than two-thirds (68%) of the so-called ‘millennial' generation - those aged 18 to 35 - reckon they have a greater understanding of investments than the average investor. In contrast, the survey - which canvassed the views of 20,000 investors around the world, including 1,000 in the UK - found fewer than half of investors aged 35 or above think they have a greater than average understanding of investments. Despite their confidence, however, almost all (92%) of the millennials surveyed said they would like to improve their under...

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 Investment

Wrestling with the idea of a new world order? Try European smaller companies

Wrestling with the idea of a new world order? Try European smaller companies

'Let me try to explain the case for calm'

David Walton
clock 16 March 2026 • 4 min read
Low-cost platforms spur one in three UK adults to invest

Low-cost platforms spur one in three UK adults to invest

Trading 212 the main beneficiary

Michael Nelson
clock 12 March 2026 • 2 min read
Understanding the investment appeal of the energy addition

Understanding the investment appeal of the energy addition

Positive change takes time

Tim Humphreys
clock 11 March 2026 • 4 min read